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Richmond Mercurio
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Richmond Mercurio
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ALI starts P10 billion share buyback
by Richmond Mercurio - April 2, 2026 - 12:00am
Property giant Ayala Land Inc.  is undertaking a P10-billion share buyback program in an effort to beef up its share price.
‘Piki still sits as Lopez Inc. president’
by Richmond Mercurio - April 2, 2026 - 12:00am
Tycoon Federico “Piki” Lopez still sits as president of Lopez Inc., with a writ of preliminary injunction continuing to be effective, Lopez-led First Gen Corp. said.
SM Prime investing P6 billion for Harrison Plaza project
by Richmond Mercurio - April 2, 2026 - 12:00am
SM Prime Holdings Inc., the integrated property developer of the Sy family’s SM Group, is pouring in over P6 billion to redevelop the former Harrison Plaza Complex in Manila.
Stocks, peso gain as Mideast war may end ‘very soon’
by Richmond Mercurio - April 2, 2026 - 12:00am
The local stock market sustained its positive momentum and the peso bounced back from an all-time low before heading to a Holy Week break, buoyed by some positive news regarding the ongoing The benchmark Philippine...
GT Capital gets direct stake in FNG for P9.16 billion
by Richmond Mercurio - April 1, 2026 - 12:00am
Ty-led diversified conglomerate GT Capital Holdings Inc. has secured a direct stake in Federal Land NRE Global Inc. with the acquisition of a 20-percent stake in the company for P9.16 billion.
Window dressing lifts stocks, peso falls to new low
by Richmond Mercurio - April 1, 2026 - 12:00am
The local stock market ended a three-day slump yesterday buoyed by end-of-quarter window dressing, but the peso slid to another record low amid persistent external pressures.
DoubleDragon set for record room opening
by Richmond Mercurio - April 1, 2026 - 12:00am
DoubleDragon Corp., the property development co-venture between tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, is embarking on its highest number of room openings in a year this 2026, with a total...
Lopez majority: Piki ousted for loss of trust
by Richmond Mercurio - April 1, 2026 - 12:00am
A majority of the Lopez clan cited the “loss of trust and confidence” in Federico “Piki” Lopez as the reason for his ouster as president and CEO of Lopez Inc., dismissing claims that it happened...
Consunji named chairman of Dominion Holdings
by Richmond Mercurio - March 31, 2026 - 12:00am
Dominion Holdings Inc. has appointed tycoon Isidro Consunji as its new chairman of the board.
PAGCOR OKs PhilWeb as tech provider to gaming operators
by Richmond Mercurio - March 31, 2026 - 12:00am
Listed gaming service provider PhilWeb Corp. has secured accreditation under the Philippine Amusement and Gaming Corp. framework for gaming affiliates and support service providers, allowing the company to provide...
Wilcon nets P2.45 billion in 2025
by Richmond Mercurio - March 31, 2026 - 12:00am
Home improvement and finishing construction supply retailer Wilcon Depot Inc. saw its earnings slip by 3.3 percent P2.45 billion last year as a strong second half showing failed to offset a slower first semester...
McDonald’s eyeing 1,000-branch milestone by 2028
by Richmond Mercurio - March 31, 2026 - 12:00am
There is no stopping the aggressive expansion of McDonald’s Philippines as it moves toward reaching its 1,000th store milestone by 2028, with the aim of providing more job opportunities for Filipinos nati...
As family feud erupts, Lopez stocks lose ground
by Richmond Mercurio - March 31, 2026 - 12:00am
As the Lopez family feud erupts, share prices of some Lopez-led companies listed in the Philippine Stock Exchange fell yesterday.
Peso sinks to new low, stocks tumble anew
by Richmond Mercurio - March 31, 2026 - 12:00am
Philippine financial markets opened the week on a weak note, with the peso hitting another record low and stocks tumbling as escalating tensions in the Middle East rattled investors.
JG Summit hikes 2026 spending to P70.3 billion
by Richmond Mercurio - March 30, 2026 - 12:00am
The Gokongwei Group is jacking up the capital expenditures budget for conglomerate JG Summit Holdings Inc. this year, with higher investments seen for its real estate development arm and food and beverage unit....
CHP raising cement prices as fuel costs soar
by Richmond Mercurio - March 30, 2026 - 12:00am
Concreat Holdings Philippines Inc. (CHP) is raising cement prices as a result of higher fuel costs due to the Middle East conflict.
DigiPlus seeks to boost offline casino business
by Richmond Mercurio - March 30, 2026 - 12:00am
Digital entertainment company DigiPlus Interactive Corp. is exploring opportunities on how to further bolster its upcoming land-based casino business.
We will stand our ground – SEC chair
by Richmond Mercurio - March 30, 2026 - 12:00am
The Securities and Exchange Commission (SEC) said it would stand firm following a case filed by media giant GMA Network Inc. against the commission’s circular imposing term limits for independent directors...
Market direction to depend on Mideast conflict
by Richmond Mercurio - March 30, 2026 - 12:00am
Investors are expected to remain on the sidelines this shortened trading week while waiting for developments on the ongoing Iran war.
‘ABS-CBN not a party to Lopez family feud’
by Richmond Mercurio - March 30, 2026 - 12:00am
Members of ABS-CBN Corp.’s board of directors, including Martin Lopez and Rafael Lopez, said the media company is not a party to an ongoing case involving a dispute within the Lopez family.
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