The Philippine Stock Exchange is looking at the possibility of merging with the Philippine Dealing and Exchange Corp. within the year, thus creating a unified platform for trading of stocks and bonds.
The Philippine Stock Exchange has earmarked about P1 billion as prospective contribution for the construction of a grade “AAA” 23-story building that will become its unified headquarters in Bonifacio Global City by 2016.
The Philippine Stock Exchange board has approved the relocation of its unified trading floor and corporate headquarters to Bonifacio Global City under a revised property deal with Ayala Land Inc.
Property giant Ayala Land Inc. is investing P6 billion to redevelop the provincial capitol property of Negros Occidental in Bacolod City into a 7.7-hectare mixed use civicand commercial district.
Local stocks snapped out of a two-day slump on heavy trade Friday.
MANILA, Philippines – Most local stock prices rallied on Friday as investors loaded up on blue chips, taking up positions for the second semester of 2011. The main-share Philippine Stock Exchange index racked up 60.42 points or 1.4 percent to 4,351.63. The index is now nearing the record-high of 4,413 seen in November last year. [...]
MANILA, Philippines — Tycoon Lucio Tan’s Philippine National Bank will redeem ahead of maturity P5.5 billion in debt notes that qualified as Tier 2 capital using fresh funds raised from a newer and cheaper Tier 2 issuance. In a disclosure to the Philippine Stock Exchange on Friday, PNB said it would redeem all of these [...]
