Property giant Ayala Land Inc. (ALI) is tapping the bond market anew to raise as much as P21 billion, its biggest fundraising effort in the capital market thus far.
The local stock market ended flat yesterday as investors refused to make major buying decisions ahead of the conclusion of US Federal Reserve’s policy meeting.
Conglomerate LT Group Inc. is capitalizing on the market leadership of its core businesses of tobacco and liquor for further growth, its top executive said yesterday.
The US Ambassador donned a chef’s jacket and played Chef “Mang Thomas” at the kitchen of his embassy residence in Makati the other night to raise funds for underprivileged children.
While I have seemed inclined not to support the proposal of advocates against political dynasties in the country, this does not mean that I have turned a blind eye to abuses of kin and relatives of politicians, and even the politicians themselves.
Last Sunday was Father’s Day. To me, it was still a good day to remember our fathers.
There is no more reason to fear asset bubbles in the Philippines after sharp corrections in recent weeks pulled down stock market valuations while a backlog in the real estate segment remains a problem, an economist said.
The Philippines still managed to post a balance of payments (BOP) surplus in May despite the start of a huge sell-off in the financial markets.
The Home Development Mutual Fund (Pag-IBIG Fund) is projecting its net income to grow 15 percent to P15 billion this year, from P13 billion registered in 2012.
One Network Bank (ONB), one of the largest rural banks in the country with over P3 billion in assets, has added four more branches to keep its expansion program on track, its top executive said.
Chemrez Technologies Inc., the country’s leading producer of biodiesel, resins and oleochemicals, has declared regular and special cash dividends to its shareholders worth a total P117.26 million.
Philex Petroleum Corp. chairman Manuel V. Pangilinan said their discussions with China National Offshore Oil Corp. (CNOOC) remains “very preliminary.”
The Department of Finance (DOF) is considering shutting down some ports in the country, particularly those that are unmanned and have no transshipment activity as part of efforts to stamp out smuggling of sensitive commodities such as oil and steel, according to its top official.
Globe Telecom unit G-Xchange Inc. (GXI) is expanding its bills payment through GCash, its mobile commerce service platform.
The governor of Guangxi province is set to visit the Philippines next month to encourage Filipino businesses to explore opportunities and join an upcoming trade show here.
Carbonergy Business Consultancy Services (CBCS) and its Swedish partner Cornland International have developed a platform to enable six renewable energy (RE) companies in the Philippines obtain carbon credits.