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Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
Choco Mucho joins PVL sister team Creamline as Allianz PNB Life ambassadors
Don’t be surprised if sister teams Creamline and Choco Mucho end up battling in a dream finals encore in the Premier Volleyball League, which ushers in its All-Filipino Conference on February 20 in Smart Araneta Coliseum......»»
Philippines FDI net inflows grow by 89.9 pct in January
MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
UnionBank raises P10 billion via stock rights offer
Aboitiz-led Union Bank of the Philippines has raised P10 billion through its stock rights offering amid robust participation from shareholders......»»
Belle Corp sets PLC tender offer price at P0.85/share
Belle Corp and Premium Leisure Corp were both voluntarily suspended for the day yesterday after BEL disclosed details of its proposed tender offer to acquire PLC’s public float and eventually delist PLC from the exchange......»»
Oil prices headed for weekly gains as Israel rejects ceasefire offer
(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%, to $81.71 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or.....»»
Local execs told: Embark on projects with long-term benefits
With the midterm elections just over a year ahead, President Marcos is reminding local executives to embark on ambitious projects with long-term benefits for constituents and which are insulated from changes in leadership......»»
Megaworld raises P980 million from sale of MREIT shares
Real estate giant Megaworld Corp. raised P980.32 million after unloading more shares in real estate investment trust company MREIT Inc......»»
Megaworld raises P500 million from sale of MREIT shares
Real estate giant Megaworld Corp. is poised to ramp up its development pipeline with the P500 million proceeds from the sale of its shares in real estate investment trust company MREIT Inc......»»
ICTSI on expansion mode; raises capex to $450 million
International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»
Mober raises $2 million in seed funding
Logistics services provider Mober is accelerating the integration of electric vehicles into its fleet after securing $2 million in seed funding......»»
'tACbo raises PhP6 million for Ayala Foundation’s education programs
MANILA – Runners, fitness enthusiasts, and education advocates banded together to raise at least PhP6 million for Ayala Foundation’s education programs as they participated in tACbo, the biggest running event in Metro Manila this January. Organized by Ayala Corporation to kick off its 190th anniversary, tACbo attracted as many as 6,000 participants in 21K, 10K, […].....»»
Metrobank looking to raise $0.5-B in USD debt offering
Metrobank announced that it has selected Bank of America Securities and UBS as joint global coordinators to run a process to sell up to $500 million in dollar-denominated senior unsecured notes, “with option to upsize”......»»
300M Coliseum Project is set to be constructed at the CatSU Compound
Catanduanes State University’s leadership joyfully announces the initiation of a 300 million project aimed at constructing a coliseum on a one-hectare plot within the campus. In a statement by President Patrick Azanza, he indicated that the initial phase, valued at 100 million, is slated to commence this year, with the entire project anticipated to conclude […] The post 300M Coliseum Project is set to be constructed at the CatSU Compound appeared first on Bicol Peryodiko......»»
Guo declares P367 million assets, P189 million liabilities
Controversial Mayor Alice Guo of Bamban, Tarlac has a net worth of P177.5 million, with assets of P367 million and liabilities of more than P189 million as shown in her statement of assets, liabilities and net worth as of December 2023......»»
DHVSU set to offer culture arts course
DHVSU set to offer culture arts course.....»»
Converge, Naver to offer more cloud solutions in Philippine market
Converge, Naver to offer more cloud solutions in Philippine market.....»»