Wednesday, 17 June 2026
1 hour ago
Ayala Corp. steps in with nearly P458-M Ayala Land share buy after 40% slide
Conglomerate Ayala Corp. moved to buy nearly P458 million worth of Ayala Land shares after the property developer’s stock slumped more than 40 percent this year, signaling support for one of the Philippine market’s hardest-hit blue chips.
15 hours ago
GCash targets $1-B IPO in bid for biggest PSE listing
GCash parent Mynt is lining up what could be the Philippines’ largest-ever initial pueblo offering (IPO), targeting a valuation of at least $8 billion (P480 billion) in a deal that could breathe life into a stock market battered by weak sentiments and a steady stream of delistings.
18 hours ago
Ayala Land sells AREIT shares at biggest discount in years
Real estate giant Ayala Land Inc. sold AREIT shares at their steepest discount in years amid investor caution over weaker housing demand and elevated borrowing costs.
1 day ago
Can the PSE afford to lose ICTSI? Razon port giant hits records as rumor swirls
By: Miguel R. Camus
ICTSI’s relentless rise has turned it into the Philippine market’s dominant stock, making a recent rumor about its future listing plans all the more surprising.
1 day ago
First Metro says investors are overlooking key SM Prime growth assets
Investors may be overlooking a large part of SM Prime’s value, according to First Metro Securities, which says the stock is trading near the value of its malls business despite billions of pesos in other assets and future developments.
4 days ago
VIEWS FROM THE PEAK: They launch rockets, we launch nothing
The Philippines may not produce the next OpenAI, but it could profit from the infrastructure behind it.
6 days ago
First Metro issues Ayala Land downgrade call, slashes target price by 45%
By: Miguel R. Camus
One of the country’s biggest property names received a rare downgrade from First Metro Securities (FMS), which said mounting pressures on its core housing business and a heavy debt maturity schedule have fundamentally altered its outlook.
7 days ago
Back from knee surgery, MVP tackles $400-M data center IPO, presses for AI blueprint
By: Miguel R. Camus
A big frustration for Pangilinan is what he sees as the government’s lack of a clear roadmap for the industry.
8 Jun 2026
10:48AM
D&L Industries extends special dividend streak to sixth straight year
D&L Industries Inc. is returning more cash to shareholders even as geopolitical tensions, elevated oil prices and higher borrowing costs continue to cloud the outlook for manufacturers.
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