corporate news

Credit to Author: TYRONE JASPER C. PIAD| Date: Mon, 09 Sep 2019 16:16:14 +0000

THE stock market opened the week by rallying for a fourth straight trading day as investors cheered news of China trimming its reserve requirement ratio (RRR) by 50 basis points….READ

Credit to Author: MAYVELIN U. CARABALLO, TMT| Date: Wed, 04 Sep 2019 16:17:40 +0000

LISTED Bank of the Philippine Islands (BPI) has raised $300 million (P15.6 billion) in fresh funds from its issuance of Asean (Association of Southeast Asian Nations) green bonds. In a…READ

Credit to Author: TYRONE JASPER C. PIAD| Date: Tue, 03 Sep 2019 17:21:46 +0000

CAL-COMP Technology (Philippines) Inc. expects to raise P8.805 billion from its planned initial public offering (IPO) this year, the bulk of which would be used to expand its facilities. In…READ

Credit to Author: MAYVELIN U. CARABALLO, TMT| Date: Wed, 28 Aug 2019 17:22:27 +0000

A total of P223.1 million was generated by the Philippine Deposit Insurance Corp. (PDIC) from selling the assets of closed banks in public biddings in January to July. The amount…READ

Credit to Author: LISBET K. ESMAEL| Date: Mon, 26 Aug 2019 16:37:57 +0000

ABOITIZ InfraCapital Inc., in partnership with Frontier Tower Associates Philippines Inc. (FTAP), further strengthened its presence in the tower-sharing market after signing on August 19 a common-tower agreement with Smart…READ

Credit to Author: LISBET K. ESMAEL| Date: Mon, 26 Aug 2019 16:36:08 +0000

Grab Philippines is again adding new features to its platform as it seeks to transform the ride-hailing app into a “super app.” In an invitation to the media on Monday,…READ

Credit to Author: MAURO GIA SAMONTE| Date: Sat, 24 Aug 2019 18:35:07 +0000

Perks of forum shopping: The final part Former ISAFP chief Gen. Victor Corpus is consistent in the view that what is being contested in the simmering tension between the Philippines…READ

Credit to Author: TYRONE JASPER C. PIAD| Date: Tue, 13 Aug 2019 16:20:39 +0000

LISTED Ayala Corp.’s consolidated net income more than doubled to P56.14 billion in the first half of 2019 from P27.64 billion in the same period last year on the back…READ

Credit to Author: LISBET K. ESMAEL| Date: Tue, 13 Aug 2019 16:19:16 +0000

Conglomerate San Miguel Corp.’s (SMC) vision to establish a major gateway grew closer to becoming reality after identifying three international groups to design and build its proposed P734-billion New Manila…READ

Credit to Author: LISBET K. ESMAEL| Date: Mon, 12 Aug 2019 17:08:23 +0000

THE AirAsia Group is shelling out $350 million to acquire seven more planes for its Philippine unit, according to its chief. Talking to reporters in Bangkok late last week, AirAsia…READ