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Moody’s outlook: Philippine banks remain on stable footing

Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

DTI seals lease deal with Filinvest

Gotianun–led property developer Filinvest Land Inc. is supporting the Department of Trade and Industry plan to consolidate its various operating units with a deal to lease the company’s entire Filinvest Buendia building in Makati to the agency......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Filinvest profit hits all-time high in 2023

Filinvest Land Inc., the listed property developer of the Gotianun family, delivered an all-time high net income in 2023 on the back of strong contributions from its residential and leasing business segments......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Filinvest to double capacity of solar project in Misamis

A power unit of Filinvest Development Corp. will expand the capacity of its solar project in Misamis Oriental following a wider land allocation from its lessor......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Filinvest Invests P16B in Ciudad BTO Project

The development of Ciudad will finally be realized after the Province of Cebu turned over Friday a parcel of the property to homegrown developer Filinvest Land, Inc. (FLI) through a build-transfer-operate (BTO) engagement. Cebu Gov. Gwendolyn Garcia and Tristan Las Marias, FLI president and CEO, formally kicked off the project in simple ceremonies onsite on […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Japan credit rater bullish on Philippine growth this year

The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Treasury raises P60 billion from T-bonds in February

The government raised P60 billion in long-term securities this month, short of target, as the Bureau of the Treasury focused on the retail treasury bonds......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Filinvest raises P10 billion from new bond offer

Filinvest Development Corp. has raised P10 billion from the first tranche of its bond offering under shelf registration......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Should You Bite on Digital Credit Line Offerings?

Digital credit lines have become a prevalent offering for digital platforms like digital banks and online shopping apps. These readily available lines of credit, often so accessible, can be tempting, especially for unexpected expenses. But before you hit “apply,” it’s crucial to weigh the pros and cons to determine if a digital credit line aligns […].....»»

Category: newsSource:  metrocebuRelated NewsApr 22nd, 2024

Moira Dela Torre highlights value of giving credit following viral copyright issue

Moira Dela Torre weighed in on the viral copyright issue and said that it is important to give credit where credit is due. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 27th, 2024

CCAP: Current credit card rate cap sufficient

The Credit Card Association of the Philippines said it fully supports the assessment process of the Bangko Sentral ng Pilipinas in adjusting or keeping the cap on credit card charges, adding that the current ceiling is sufficient......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Filinvest Development FY23 profit: P12.1-B (up 46%)

Filinvest Development, the Gotianun Family’s mid-tier conglomerate, posted an FY23 consolidated net income of P12.1 billion, up 46% from its FY22 consolidated net income of P8.3 billion......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

IL Corso Filinvest Malls: A Coastal Lifestyle Destination in Cebu

IL Corso, the Filinvest Mall in Cebu, welcomed and participated in the Sinulog Festival with exciting activities from January 19-21, 2024. This included the Stellar Show, the 1st musical fountain dancing to the beats of Sinulog, a Festival Pop-up Fair, and Food Fest by the Sea enhancing the festival experience for the community. IL Corso.....»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 2024

VisCom nakadawat og mga muwebles gikan sa Filinvest

VisCom nakadawat og mga muwebles gikan sa Filinvest.....»»

Category: CCCCCCSource:  inquirerRelated NewsFeb 2nd, 2024

Filinvest holding firm allots up to P25 billion for 2024 capex

Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024