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PSEi hits new highs but trims gains

Riding on upbeat regional markets, the local stock barometer retested the 8,900 mark and touched new intra-day highs on Tuesday before trimming gains at close. (21-0)

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)

Uy completes purchase of PH FamilyMart

Davao-based businessman Dennis Uy has completed a 100-percent buyout of Philippine FamilyMart CVS Inc. (PFM), operator of the chain of 67 Family Mart convenience stores in the Philippines, from the Ayala and Tantoco groups and their Japanese partners. (5-0)

PSEi ends flat as investors stay on sidelines

2018-01-12 bworldonline
AFTER hitting fresh highs this week, Philippine shares closed flat on Friday, as investors chose to stay on the sidelines and reposition their portfolios. (19-0)

Dennis Uy’s Phoenix completes FamilyMart acquisition

2018-01-11 bworldonline
PHOENIX PETROLEUM Philippines, Inc. has finalized its purchase of FamilyMart convenience stores in the country, allowing Davao-based businessman Dennis A. Uy’s company to take over the retail chain previously owned by the Ayalas and Tantocos. (15-0)

Dennis Uy completes FamilyMart PH buyout

Davao-based businessman Dennis Uy has completed his 100-percent buyout of Philippine FamilyMart CVS Inc. (PFM), which operates a chain of 67 convenience stores in the Philippines, from the Ayala and Tantoco groups and their Japanese partners. (10-0)

PSEi slightly down but stays above 8,900

The local stock barometer ended flat but stayed above the 8,900 level yesterday as some investors reassessed their portfolios following the recent run-up to record highs. (10-0)

Anchor Land ventures into urban bedspaces

2018-01-10 beta.philstar
MANILA, Philippines — Anchor Land is making its foray into the urban bed-spacing segment, targeting young employees who want to save time amid the worsening traffic in Metro Manila. (10-0)

PSEi slips but clings to 8,900

Traders blow their horns to celebrate the last day of trading for 2017 at the Philippine Stock Exchange in Makati City. —RICHARD A. REYES (10-0)

PSEi closes above 8,900 mainly on foreign buying

The local stock barometer yesterday surged past the 8,900 level for the first time as foreign investors loaded up more equities amid rosy prospects for the economy. (19-0)

Ayala to buy out MCT’s minority shareholders

2018-01-08 bworldonline
AYALA LAND, Inc. (ALI) has launched an offer to buy out the minority shareholders of MCT Bhd. after securing control of the Malaysian developer. (9-0)

PSEi slips after 8-day winning streak

Most local stocks slipped on Monday as domestic investors pocketed gains from local equities after an eight-day winning streak. (28-0)

YEARENDER : As competition tightens, oil firms detour into non-fuel business

2018-01-08 beta.philstar
MANILA, Philippines — For oil companies, competition no longer stays in the arena of getting a bigger share in the Philippine retail fuel market. (31-0)

DoubleDragon crafts growth plan for 2020-2025

2018-01-08 beta.philstar
MANILA, Philippines — DoubleDragon, the listed property and mall developer of Mang Inasal founder Edgar “Injap” Sia II and Jollibee Foods Corp. chairman Tony Tan Caktiong, is now laying the groundwork for its next phase, with just two years left to complete its existing growth plan. (7-0)

Business looks southward even as reality hits home

2018-01-07 bworldonline
THE RISE to power of President Rodrigo R. Duterte fuelled hopes of finally ending decades of insurgency in Mindanao to help unlock its potential as an investment haven. (29-0)

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