Good to Buy ABS-CBN (ABS) Stock after Gov’t Shutdown?
ABS-CBN Corp. is a Philippine media conglomerate principally engaged in television and radio broadcasting. In recent years, the company has expanded to related and complementary … Read More
Good to Buy MerryMart (MM) Stock in the PSE?
MerryMart Consumer Corp. (MM) is a “one-stop shop” home essentials and grocery retailer established in 2018 owned by Injap Investments Inc., the holding company of … Read More
COVID-19 Impact on Philippine Airline Industry
One of the industries severely affected by the current global coronavirus pandemic is undeniably the airline industry. With dozens of countries implementing a lockdown — … Read More
Gold’s Gym files for bankruptcy; will it affect Philippine branches?
Gold’s Gym International has filed for bankruptcy protection in the United States, but “we’re absolutely not going anywhere,” according to the company in an announcement … Read More
PSEi Target: 8,150-8,300 points by the end of 2020
Philippine stocks could rally by around 45% by the end of the year, according to stock brokerage company First Metro Securities (FMS). The brokerage firm, … Read More
Globe, PLDT, and Telco Industry in the Time of Coronavirus
“Considering Globe Telecom (GLO) and PLDT (TEL)’s heavy dependence on mobile data revenues, the net impact of COVID-19 on the topline of these two telecommunication … Read More
BPI faces probe over Australia’s money laundering scandal
The Bank of the Philippine Islands (BPI) is dealing with another problem, this time, due to possible ties to Australia’s recent massive money laundering and … Read More
Pepsi Philippines to be sold to Lotte for P4.16 Billion
South Korean conglomerate Lotte Corp., through its subsidiary Lotte Chilsung Beverage Co., will be the new owner of Pepsi-Cola Products Philippines Inc. (PIP) upon completion … Read More