The billionaire Sy family is repurposing Dominion Holdings Inc. (DHI) and shifting it into mining. And if market speculation is correct, this could give the low-key holding firm exposure to one of the region’s largest untapped gold and copper resources.
Tycoon Kevin Tan-led Megaworld Corp.’s push into the high end could soon deliver P10-P20 billion in annual sales, an earnings lever that could help offset softer conditions in the broader property market.
The Philippine Stock Exchange (PSE) is pushing to revive stock investment loans for pension fund members, positioning the program as a new way to add liquidity to the market and widen retail participation.
Interest rates and earnings typically drive the stock market, but the head of the Philippine Stock Exchange said investors are now watching a bigger issue.
A money-losing construction firm was suspended by the Philippine Stock Exchange after the long-dormant stock surged to life in late December, gaining nearly P5 billion in market value over a period of nine days.
Lower interest rates and a key regulatory shift could soon bring a new kind of REIT to the Philippine market, this time backed by infrastructure assets instead of just offices and malls.