Philippine Digest: PSE profit rises 18% in 2017; 8990 Holdings to invest $1.1b to expand realty biz

Philippine Digest: PSE profit rises 18% in 2017; 8990 Holdings to invest $1.1b to expand realty biz

A trader takes orders on a telephone at the Philippine Stock Exchange. Source: Reuters

The Philippine Stock Exchange reported an 18 per cent net income increase in 2017 while listed mass housing developer 8990 Holdings is allocating about $1.1 billion this year to expand its real estate portfolio.

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