Revin Ochave

BusinessWorld reporter / Views and opinions are solely mine.

[Revin Ochave @RevinOchave]

LOOK: Philippine stocks could finally enter a bull market this year led by the bright economic outlook, says COL Financial Chief Equity Strategist April Tan @bworldph @colfinancial

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The Securities and Exchange Commission has imposed at least P12-M in administrative fines on Villar Land Holdings Corp. and its directors and officers for failure to submit its audited financial statements on time. @bworldph

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Hotel101 Global Pte. Ltd. announces plan to develop two hotels in Cambodia, one in Phnom Penh and another in Sihanoukville. The two projects are set to be completed by 2028. @bworldph @hotel101global

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Unicapital Securities Equity Research Analyst Peter Louise Garnace expects the PSEi to potentially reach 7,100 by yearend, influenced by strong corporate earnings and attractive share prices. @bworldph

[Revin Ochave @RevinOchave]

Ayala Land taps Jose Eduardo A. Quimpo II as CFO and Treasurer, effective today. He replaces Ayala Land veteran Augusto D. Bengzon.

Mr. Quimpo was most recently the president and CEO of AREIT. @bworldph

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SM Hotels expands regional reach with P1.5-B The Park Inn by Radisson Sta. Rosa in Laguna. The 201-room hotel will open by Q1 2029. @bworldph

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SEC says no ban on crypto trading @bworldph

https://t.co/tRkEORHRaH

[Revin Ochave @RevinOchave]

Tanco-led DigiPlus Interactive Corp. said its H1 net income rose by 61% to P8.4-B led by growth in its retail games segment.

DigiPlus operates BingoPlus, ArenaPlus, and GameZone. @bworldph

[Revin Ochave @RevinOchave]

Ramon S. Ang-led conglomerate San Miguel Corp. says H1 core profit up by 9% to P36.7-B on broad-based gains. @bworldph

[Revin Ochave @RevinOchave]

DoubleDragon Corp. to issue up to P10.9-B in retail bonds in September. The bonds will carry a 7.7% interest rate with tenors of 3.5-years and 5.5-years. @bworldph

[Revin Ochave @RevinOchave]

Gokongwei-led conglomerate JG Summit Holdings grew its Q2 net income by 175% to P10.7-B amid strong performances of listed subsidiaries alongside tapering losses in its petrochemicals business. @bworldph

[Revin Ochave @RevinOchave]

Singapore-based impact investor ABC Impact to acquire around 16% minority stake in AC Health.

AC Health aims to expand its network to at least 10 hospitals, 300 clinics, and 1,150 pharmacies by 2027. @bworldph

[Revin Ochave @RevinOchave]

Tanco-led DigiPlus Interactive Corp. will join the bellwether Philippine Stock Exchange index starting Aug. 18. It will replace Razon-led Bloomberry Resorts Corp. @bworldph

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SEC tells all listed companies to discontinue the classification of common shares previously imposed to monitor foreign ownership limits. @bworldph

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Aboitiz Equity Ventures posts 27% drop in H1 net income to P8.4-B. @bworldph

[Revin Ochave @RevinOchave]

Nobuki Sato named as new president and COO of Okada Manila operator Tiger Resort, Leisure and Entertainment, Inc. effective Sept. 15, replacing Byron Yip. @bworldph

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The Sy siblings of the SM Group, with a combined net worth of $11.8-B, remain the richest in the Philippines, according to the 2025 Forbes list of the Philippines’ 50 Richest. @bworldph

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Monde Nissin says core attributable net income for the first half declined by 7.2% to P4.7-B. @bworldph

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Ayala Land reports an 8% increase in H1 net income to P14.2-B. @bworldph

[Revin Ochave @RevinOchave]

Sy-led conglomerate SM Investments Corp. posted a 6% increase in first half consolidated net income to P42.6-B.

Banking accounted for 50% of reported net earnings, followed by property at 28%, retail at 15%, and portfolio investments at 7%. @bworldph

[Revin Ochave @RevinOchave]

Lucio Co’s Puregold Price Club saw a 7.1% increase in its consolidated net income for the first half to P5.3 billion driven by strong topline growth. @bworldph