Roxas Subsidiary Appoints Berma Procesys as Project Consultant for Integrated Coconut Processing Facility

Makati—(PHStocks)—Roxas Sigma Agriventures Inc. (RSAI), a subsidiary of Roxas and Co. (PSE: RCI) recently appointed Berma Procesys Corp. to design and build its PhP760 million integrated coconut processing facility in Tupi, South Cotabato. The plant is expected to be completed by the end of 2016 and will be  able to process 200 metric tons per […]
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RCI, Sigma Synergies Parter to Establish Coconut Processing Facility

Makati—(PHStocks)—Roxas and Co. Inc. (PSE: RCI) today entered into a joint venture with Sigma Synergies, Inc. to establish an PhP881 million coconut processing facility in Tupi, South Cotabato. The plant is slated to be operational by the fourth quarter of 2016. RCI Chairman, President & CEO Pedro E. Roxas said the joint venture company, which shall be named Roxas […]
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RCI Unveils New Ventures, Expands Core Businesses

Makati—(PHStocks)—Evolution is fast-becoming the name of the game in business and it takes commitment to get into the act. Roxas and Co. Inc. (PSE: RCI), backed by a century of reliability, has fast expanded its different business ventures in recent years. Earlier this year, the company revealed its plans in strengthening its operations in real estate, particularly focused in gaining […]
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Lower-than-forecast GDP Growth Halts PH Stocks’ Rally

Manila—(PHStocks)—Philippine stocks retreated anew on Thursday, 27 November, as investors soured on the market after a lower-than-expected third-quarter GDP results. According to the Philippine Statistics Authority – National Statistical Coordination Board, the Philippine economy grew by 5.3% for the third quarter of this year from last year. This is lower than the 6.4 percent growth […]
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PH Stocks Edge Higher

Manila—(PHStocks)—The mainboard Philippine Stock Exchange (PSE) index ended today’s trading at 7,265.36 points, up by 0.06% or 4 points. The Industrial sector went up by 1.5% while the Holding Firms gained 0.74%. The Services index suffered a 2.06% drop and the Mining and Oil segment slid by 0.65% The wider All-Shares index, meanwhile, ended almost […]
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PH Stocks Edge Higher

Manila—(PHStocks)—Philippine stocks sustained their growth amid continued investor optimism in the country’s macroeconomic outlook. The benchmark Philippine Stock Exchange index (PSEi) further grew by 0.4% or 27.63 points to close today’s session at 6,880.44. The market, however, faced a round of profit taking, with the Mining and Oil index losing 1.01%, and the Financials, 0.75%. The gainers, […]
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Bloodbath Continues; PSEi Falls Back to 6,600

Manila—(PHStocks)—Philippine stocks opened the trading week on a negative note amid weak performance in the U.S. market. The Philippine Stock Exchange index (PSEi) fell by a further 1.21% or 80.75 points to close today’s trading at 6,604.35. The Services segment continued its growth, weathering the selloff to close 0.29% higher today. The remaining indices were […]
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PH Stocks End Lower

Manila—(PHStocks)—Philippine stocks fell Friday, 11 April, as investors take their cue from the sell-off in the U.S. market. The mainboard Philippine Stock Exchange index (PSEi) fell by 0.63% or 41.93 points to close a shorter trading week at 6,596.96. All counters, except for the Mining and Oil index (+0.07%), were in the red, led by […]
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