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Headline News

SM sell-off drags PSEi

The local stock barometer slid to the 7,100 levels on Friday as fund managers scrambled to realign their portfolios in anticipation of main index rebalancing.

Tax reform seen to push PSEi beyond 8,000

Enacting the tax reform program this year is the key catalyst that would bring the Philippines to a new economic “supercycle” that could lift the main stock barometer beyond the 8,000, the chief of BPI Securities said.

Robinsons Retail: A Leading Player In The Under-Penetrated Philippines Retail Industry

2017-02-15 seekingalpha
Robinsons Retail is the second largest multi-format retailer in the Philippines and operates various formats of retail outlets, from departmental stores to convenience stores.

Cosco Capital nets 9% more to P5 B

2016-11-15 philstar
MANILA, Philippines – Cosco Capital Inc., the investment holding firm of retail magnate Lucio Co, grew its net income 9.3 percent to P5.05 billion in the nine months to September this year, the company said in a statement.

Puregold’s 1st 9-month earnings up 14%

2016-11-14 philstar
MANILA, Philippines - Puregold Price Club Inc., the listed grocery retailer of businessman Lucio Co, reported a consolidated net income of P3.65 billion in the nine months to September, up 14 percent from P3.2 billion a year ago.

Puregold steps up expansion in Mindanao

2016-09-20 philstar
MANILA, Philippines – Puregold Price Club Inc. of retail tycoon Lucio Co is stepping up its expansion in Mindanao as it turns more optimistic on business prospects under the present administration.

Puregold to focus expansion in Visayas, Mindanao provinces

PUREGOLD 3RD YEAR ‘KAINDUSTRYA’ FOOD BIZ CONVENTION – Shown during the ribbon-cutting ceremonies to open the Puregold 3rd KAINdustriya Foodbiz Convention on Sept. 20, 2016 at the World Trade Center in Pasay City are (from left): BPI Globe BanKO CEO John Rubio; Purefoods VP for Sales and Distribution Philip Macahilig; Del Monte head of Sales Eggy Honasan; P&G General Manager Shankar Viswanathan; CDO President and CEO Jerome Ong; Nutri-Asia President and COO Angie Flaminiano; Puregold VP for National Operations Antonio delos Santos; Puregold Vice Chairman Susan Co; Puregold Chairman Lucio Co; Puregold President Vincent Co; Cosco President Leonardo Dayao; Nestlé CEO Jacques Reber; Unilever Philippines Food Solution Managing Director James Benedict Carreon; Monde Nissin Corporation National Sales Director Samuel Sih; and Universal Robina Corporation VP for Sales Albert Fernandez.

Sy richest Filipino on Forbes list, again

Some of them were poorer by hundreds of millions of dollars as the stock market pulled back from the peak last year, but they remained the 50 wealthiest people in the Philippines.

Singapore firms fail to make list of Asia's best public companies; China maintains dominance

2016-08-25 business.asiaone
SINGAPORE - Not a single firm from Singapore has made it onto Forbes Asia's 2016 Fabulous 50, which was again dominated by Chinese companies for the sixth consecutive year.

Jollibee, Puregold, RRHI on Asia’s “Fabolous 50″ list

HOMEGROWN fast-food giant Jollibee Foods Corp., grocery chain operator Puregold Price Club and multi-format retailer Robinsons Retail made it to Forbes Asia magazine’s “Fabolous 50” List of the region’s best publicly traded big companies.

PSEi to test record highs – FMIC

THE LOCAL stock barometer is seen to test the record high level of 8,127 this year on the back of “rock-solid” underlying macroeconomic backdrop and Pres. Rodrigo Duterte’s commitment to higher infrastructure spending, local investment house First Metro Investment Corp. said.

Cosco, Emperador agree to split local Fundador market

Cosco Capital Inc., the retail investment arm of Lucio Co, will continue to distribute half of the country’s supply of Fundador brandy, even though Andrew Tan’s Emperador Inc. had recently acquired Bodegas Fundador of Jerez, Spain.

Puregold forays into online shopping

2016-05-18 philstar
MANILA, Philippines – Puregold Price Club Inc. of retail tycoon Lucio Co is venturing into e-commerce to capitalize on the popularity of shopping using the Internet.

Puregold pays tribute to Filipino entrepreneurs

In honor of its “entrePinoys,” Puregold is hosting a grand get-together for the country’s sari-sari store owners with the 11th Tindahan Ni Aling Puring (TNAP) Sari-Sari Store Convention. The Sari-Sari Store Convention is a five-day event that aims to recognize the role of neighborhood retail warriors in keeping the “pambansang negosyo” vibrant.

Puregold profit grows 11% in 2015

2016-04-14 philstar
MANILA, Philippines - Puregold Price Club Inc. said its net income hit P5 billion in 2015, up 10.6 percent year on year amid strong consumer demand.

CUSIP: 00B725S29