Ian Sayson
Stories by Ian Sayson
SE Asia’s indexes miss equity rally because they lack tech stocks
Laden with old-economy stocks, the MSCI Asean Index is down 19% in 2020.
PH broadband services player Converge ICT picks banks for $700m IPO
A listing by the Warburg Pincus-backed company could take place as early as this year.
Philippine lockdown proves to be $3.4b boost for telco stocks PLDT, Globe
The pandemic is breathing new life into phone-based payment systems that earlier failed to take off in the country.
Philippine BBQ chicken king Edgar Sia seeks to build a new empire
Barreling into the retail market, Sia plans to raise $31 million through his MerryMart Consumer Corp. IPO shortly.
PH-listed Jollibee Foods loses $2b on US gamble
Jollibee shares have dived more than 18 per cent this year, adding to losses in 2019, their worst in two decades.
How Manuel Pangilinan is trying to pull off record $1.6b Philippine IPO to tame debt
Metro Pacific would get $970 million from selling down its 60% stake in Metro Pacific Hospital Holdings Inc. to about 20%.
Jollibee’s international push may hurt stock’s premium valuation
With $21 million in losses in 2018, analysts said Coffee Bean will be a drag for Jollibee.
Top funds expect Philippine stocks to climb 25% over next 3 years
Foreigners have purchased a net $400 million in the nation’s stocks this year.
Philippine billionaire’s Robinsons Retail mulls move from fashion to pets
Billionaire John Gokongwei’s company is considering an exit from the fashion business as it struggles to compete with cheaper, faster chains like Un
Filipino retail billionaire gets a taste for e-commerce as Alibaba nears
Robinsons Retail Holdings Inc., one of three retail giants in the Philippines, has begun moving more of its $2.7 billion empire online.
