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We publish local news that could affect the performance of companies listed on the Philippine Stock Exchange (PSE).

Victorias Milling Co. Saw 7% Net Income Increase Even as Productivity Drops

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Listed sugar miller Victorias Milling Co. Inc. saw its net income increase, but revenues and productivity declined. Is this bullish for VMC?

PhilWeb Sells Acentic Investment to Niantic Holding

MANILA, Philippines – PhilWeb Corporation (PSE:WEB) reports selling its investment in Acentic GmbH to Niantic Holding GmbH. In a disclosure to the Philippine Stock Exchange (PSE) filed on behalf by Raymund Aquino,...

Bank of the Philippine Islands Under Probe for $19.5M Laundering Scandal

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The Bangko Sentral ng Pilipinas is currently investigating 10 banks for their alleged involvement in a massive money laundering scandal with Australian Bank Westpac. The Bank of the Philippine Islands is specifically named. Will this negatively affect the stock price of BPI? Who are the other banks?

Jollibee Completes Divestiture of Chow Fun Stake

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MANILA, Philippines – Jollibee Foods Corporation (PSE:JFC) discloses that the divestment of shares acquired by its wholly-owned subsidiary, Jollibee Worldwide Pte. Ltd. (JWPL), in Chow Fun Holdings LLC was completed. In a...

Why Subscribe Equilyst Analytics TODAY and NOT on NOVEMBER 1, 2018

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I'd like to inform you that today is the last day that you'll be able to subscribe, renew, or extend your current subscription for P399.00 per month. The rate hike of P493.90...

Henry Sy Considers Bid for 3rd Telco Player Slot

Retail and banking magnate Henry Sy, Sr., may enter the bid for the slot of the third telecommunications company player in the Philippines. Willy Ocier said last weekend that the company is currently reviewing the terms of reference (TOR) of the government for choosing the third telecommunications player.

DNL Industries Sees Ban on Single-Use Plastics as an Opportunity

DNL Industries' new product is the solution to the looming ban on single-use plastic. Will DNL's stock price go higher because of this?

Gokongwei Plans to Build Casino in Cebu Worth P18B

John Gokongwei, owner of the Universal Hotels and Resorts Incorporated (UHRI), has pledged to finance 18 billion pesos for the casino venture that he will be constructing in Cebu. He plans to build the project in the South Road Properties of Cebu, indicating the conglomerate's thrust toward the gaming industry.

SM Investment Corp. Increased Its Profit to Almost P33 Billion

SM Investments Corporation (SMIC) recorded an increase of 6 percent in the company's net profit to 32.9 billion pesos in 2017 as the company's primary businesses kept on giving compelling results last year with recurring net profit increase of 9 percent.

SM Group Takes a Step Closer to Start P100B Future City Project

The SM Group has taken a step closer to executing its reclamation project, Future City, worth 100 billion pesos. The SM Group recently acquired an ECC, which is required to begin the project. The Future City will be established in a property of 600 hectares covering cities of Parañaque and Pasay.
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DNL Industries Sees Ban on Single-Use Plastics as an Opportunity

DNL Industries' new product is the solution to the looming ban on single-use plastic. Will DNL's stock price go higher because of this?

Philippine Stock Exchange Index: Will End 2019 Between 7400 and 7500?

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The Philippine Stock Exchange Index (PSEi) is still experiencing an outflow of foreign funds. Are we going to see the main index above 7,900 or between 7,400 and 7,500 before the end of 2019?

Victorias Milling Co. Saw 7% Net Income Increase Even as Productivity Drops

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Listed sugar miller Victorias Milling Co. Inc. saw its net income increase, but revenues and productivity declined. Is this bullish for VMC?

Sangley Airport Development Bid for by MacroAsia Corp-China Communications Construction Co. Tandem

Macroasia Corp and China Communications Construction Co. partnered up to bid for the transformation of Sangley airport. How will this affect the price of MAC in the stock market?

Bank of the Philippine Islands Under Probe for $19.5M Laundering Scandal

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The Bangko Sentral ng Pilipinas is currently investigating 10 banks for their alleged involvement in a massive money laundering scandal with Australian Bank Westpac. The Bank of the Philippine Islands is specifically named. Will this negatively affect the stock price of BPI? Who are the other banks?