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PSEI ends flat on Friday trading lull

The benchmark Philippine Stock Exchange index (PSEi) ended the week relatively flat, higher by only 0.02 percent, or 1.37 points, to 8,814.62 on Friday’s close. The broader all-shares index was down 0.05 percent, or 2.66 points, to 5,098.75. (35-0)

The Gokongwei Brand of Entrepreneurial Management

2018-01-01 bworldonline
Just a few years ago, the conventional wisdom was that family-run businesses could not be as well-managed as non-family run businesses. But the research has shifted, and our experience as a group shows that a hybrid of family-led publicly listed business works. (2-0)

PSEi ends 2017 with new record high

2017-12-29 philstar
MANILA, Philippines — The stock barometer capped off 2017 in the positive territory, finishing at a new all-time high and setting a new intra-day peak after flirting with the 8,600 level on Friday. (12-0)

South-east Asia stocks trade sideways, Singapore slips

2017-12-13 themalaymailonline
Thai shares are the top gainers in South-east Asia, rising as much as 0.4 per cent. — Reuters pic SINGAPORE, Dec 13 — South-east Asian stock markets traded sideways today ahead of a US Federal Reserve meeting outcome that could hint at the pace of rate tightening in the world's largest economy. (16-0)

Market to test 8,500 level this week

2017-12-10 philstar
MANILA, Philippines — The stock market recovered last week, pushed by some Christmas rallies in Asian stocks and the upbeat sentiment in Wall Street, which altogether may push the index to as high as the 8,500 levels this week, traders said. (7-1)

Bourse slips back above 8,300 line on bargain-hunting, tax reform optimism

2017-12-08 bworldonline
THE PHILIPPINE STOCK EXCHANGE Index (PSEi) ended the week higher on bargain-hunting, with sentiment buoyed by progress made in reconciling the House of Representatives’ and Senate’s tax reform legislation at the bicameral conference committee stage. (23-0)

Environment group putting up P25-M plastic recycling plant

2017-12-07 philstar
MANILA, Philippines — The Philippine Alliance for Recycling and Materials Sustainability (PARMS) will build a P25 million recycling facility for sachets as part of a comprehensive approach to address post-consumer waste which puts a strain on the environment, particularly waterways. (2-0)

PARMS to build recycling facility for plastic sachets

2017-12-06 bworldonline
THE Philippine Alliance for Recycling and Materials Sustainability (PARMS) is set to establish a P25-million facility that will recycle plastic sachets. (2-0)

URC wants to reestablish growth next year

2017-12-04 philstar
MANILA, Philippines — Universal Robina Corp., the Gokongwei owned consumer food and beverage company in the Philippines, is striving to reestablish its growth next year after seeing its profitability weaken, its top official said. (2-0)

BSP sets sanctions for Metrobank following fraud case investigation

2017-11-28 bworldonline
THE CENTRAL BANK has ordered the suspension of officers and required additional capital reserves from the Metropolitan Bank & Trust Co. (Metrobank) yesterday as it completed a probe into an internal fraud discovered in July, even as it noted the lender’s corrective actions to maintain its “safety and soundness.” (2-0)

Ten years after retirement, Gokongwei says JGS businesses continue to flourish

2017-11-27 bworldonline
JOHN L. GOKONGWEI, JR. found it odd that 10 years after his retirement he would be named “Management Man of the Year 2017,” a recognition that he accepted as rightly timed similar to how he mapped the course of JG Summit Holdings, Inc. (JGS) through the years. (9-0)

How to use the price-to-sales ratio to buy stocks?

The use of price multiples to determine the relative value of a stock is not uncommon in the investment community. (20-0)

JG Summit core net income up to P22.7 B in 9 months

2017-11-12 philstar
MANILA, Philippines — JG Summit Holdings Inc., the conglomerate of the Gokongwei family, reported a core net income of P22.69 billion from January to September, a slight increase from the P22.63 billion posted a year ago. (10-0)

JG Summit profit drops as higher fuel prices, weak peso hit Cebu Pacific, URC

2017-11-12 bworldonline
HIGHER FUEL PRICES in its airline business alongside foreign exchange losses pulled down JG Summit Holdings, Inc.’s earnings attributable to the parent in the first nine months of 2017. (7-0)

Building an alliance culture in Asean

ASEAN FORUM Defense Secretary Delfin Lorenzana greets US Ambassador to the Philippines Sung Kim during a conference on “Asean Leadership Amid a New World Order” in Makati City. —AP (25-1)