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Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

BPI renews alliance with Mizuho Bank

The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage

The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

CARD RBI offers solar loans to combat rising power costs

For the bank, this solar loan program further defines their commitment to creating a brighter, sustainable future for everyone......»»

Category: sportsSource:  abscbnRelated NewsMar 12th, 2024

SEC approves Maynilad’s P15 billion ‘blue bond’ offering

The Securities and Exchange Commission (SEC) has given the green light to the P15 billion blue bond offering of  West Zone concessionaire Maynilad Water Services Inc......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Bank of Commerce raises P6.57 billion from bond offering

San Miguel-led Bank of Commerce has raised P6.57 billion in its second foray into the domestic debt market, as institutional and retail investors swarmed its peso bond offering......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Norwood Residences: Prestige Homes latest offering for future prime living

Norwood Residences: Prestige Homes latest offering for future prime living.....»»

Category: newsSource:  sunstarRelated NewsApr 29th, 2024

Union Bank announces P17-B stock rights offering

Union Bank disclosed that it plans to conduct a stock rights offering to sell 450,204,078 UBP common shares to existing UBP shareholders at a price somewhere between P33.73 and P38.23 per share......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Cebu Landmasters raises P4B in preferred shares offering; plans strategic expansion

Real estate firm Cebu Landmasters Inc. (CLI) has raised more than P4.28 billion through its recent follow-on offering of preferred shares......»»

Category: financeSource:  philstarRelated NewsApr 17th, 2024

Stock trading made easier for local small investors

The Philippine Stock Exchange Inc. has rolled out new features that seek to make initial public offering and follow-on offering (FOO) subscription more accessible and efficient for investors......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Cebu Landmasters prices its follow-on offering

Cebu Landmasters set the dividend rates for its P5 billion follow-on offering that will begin selling to the public tomorrow......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Space-Dining For $500 Million: Top Chefs Latest Offering

SpaceVIP, a luxury space tourism company, is set to revolutionize the dining experience by offering gourmet meals in the stratosphere for an astronomical price of.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 17th, 2024

A Brown Company prefs follow-on offering approved by the PSE

The A Brown Company preferred shares follow-on offering was approved by the PSE......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

The difference between SROs and FOOs

It’s been a while since we’ve talked in-depth about a stock rights offering or a follow-on offering, so let’s discuss how they’re different and when a company might use one or the other......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

AREIT eyes up to P9 billion additional share offering

AREIT Inc. is planning a follow-on offering or private placement of shares to boost its public float which would decrease following a major property-for-share swap transaction with its sponsor Ayala Land Inc......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Homegrown company expands product offering for Sinulog

Homegrown company expands product offering for Sinulog.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

NICE, Ganda! NICE, SARAP! McDonald’s comes out with oh-so-satisfying Chicken McDo

Summary: McDonald’s Introduces Bigger, Juicier, and Crispier Chicken McDo McDonald’s has unveiled an enhanced version of its beloved Chicken McDo, promising a more satisfying and flavorful experience for chicken enthusiasts. The new and improved Chicken McDo boasts larger and juicier cuts, coupled with a revamped breading process that results in a crispier and flakier skin. This upgrade aims to elevate the dining experience, ensuring that every bite is succulent and fulfilling. In addition to the enhanced chicken offering, McDonald’s is also introducing value-packed meal options to cater to different preferences. Customers can indulge in the 1pc Chicken McDo with DOUBLE Rice for a hearty and filling meal, or opt for the 1pc Chicken McDo with McFloat for a refreshing accompaniment. The reimagined Chicken McDo has garnered praise from renowned personality Vice Ganda, who has expressed her delight with the improvements. McDonald’s has made the new Chicken McDo available for dine-in, take-out, drive-thru, and delivery, ensuring that customers can savor its delectable taste at their convenience. For those eager to explore more exciting deals and promotions related to the Chicken McDo, McDonald’s encourages users to download the McDonald’s App and McDelivery App, and stay updated on social media platforms such as Instagram and Facebook. Overall, McDonald’s Chicken McDo aims to satisfy cravings with its bigger, juicier, and crispier appeal, offering a delectable chicken experience that can be enjoyed anytime, anywhere......»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024