PLDT president and CEO Al Panlilio boosted his holdings in the telco giant as its stock dropped to a five-month low.
Panlilio bought 3,000 shares of the company on May 9, 2023, at a price range of P1,205 to P1,216. The purchase pushed his total holdings to P41 million.
PLDT’s stock price has been on a downward trend since December 2022, when the company announced an overrun in its capital expenditures.
PLDT’s Al Panlilio vows to keep pushing for growth despite Q1 profit dip
Singapore state investment fund Temasek said Monday it had slashed compensation for the team and senior management responsible for its investment in collapsed cryptocurrency exchange FTX.
A lawmaker continues to harbor doubts about creating the Maharlika Investment Fund (MIF) even if the bill has been certified as urgent by President Ferdinand Marcos Jr.
The Philippines is grappling with a significant increase in its debt service burden, according to data from the Bangko Sentral ng Pilipinas (BSP).
President Joe Biden and House Republicans have reached a deal in principle to raise the government’s debt ceiling and avert a devastating default.
Loans extended by banks to micro, small, and medium enterprises (MSMEs) as an alternative compliance with reserve requirements (RR) reached P236.9 billion by the end of April this year, marking an 11.3 percent increase from the same period last year.
A fund manager of Helsinki-based Evli Emerging Frontier Fund has publicly criticized an unnamed Philippine company after divesting its shares.
Shares of five publicly-listed corporations will continue to be suspended as they have failed to comply with the structured reportorial requirements of the Philippine Stock Exchange (PSE).
First Balfour Inc., a company under the Lopez conglomerate, and its partner are set to commence the construction of a portion of the North South Commuter Railway (NSCR) project in the first half of the year.
International Container Terminal Services Inc. (ICTSI) has announced a substantial investment of P15 billion for the construction of a cutting-edge berth at its flagship Manila International Container Terminal , aiming to elevate MICT to new heights.
Singapore state investment fund Temasek said Monday it had slashed compensation for the team and senior management responsible for its investment in collapsed cryptocurrency exchange FTX.
The Bureau of Customs (BOC) recently convened with the European Union-ASEAN Business Council (EU-ABC) and the European Chamber of Commerce of the Philippines (ECCP) to bolster trade and investment opportunities between the Philippines and European businesses.
