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Cebu City councilor warns public about overseas employment scam
CEBU CITY, Philippines – A local legislator raises the alarm on an overseas employment scam after several victims find themselves allegedly embroiled in a web of deceit and exploitation. City Councilor Edgardo Labella II penned a resolution urging the public to exercise extreme caution and vigilance, particularly regarding the tide of illicit activities preying on.....»»
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......»»
EDC sets P40 billion capex, raises P10 billion from green bonds
Energy Development Corp., the renewable energy subsidiary of First Gen Corp., is spending P40 billion this year to bolster its portfolio and support geothermal development in the country......»»
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......»»
Philippines, US launch annual joint military drills
Manila, Philippines - Thousands of Filipino and American troops will kick off joint military exercises in the Philippines on Monday, as Beijing's growing assertiveness in the region raises fears of a conflict.The annual drills - dubbed Balikatan, or 'shoulder to shoulder' in Tagalog - will be concentrated in the northern and western parts of the archipelago nation, near the potential flashpoints of the South Chi.....»»
DoubleDragon raises commitment to sustainability
DoubleDragon Corp. has raised the bar on its commitment to sustainability through one of Hotel101’s first overseas projects......»»
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......»»
Megaworld raises P500-M selling block of MREIT at P12.30/share
Megaworlddisclosed that it sold 40,650,000 shares of its REIT subsidiary, MREIT, through a block sale transaction at a price of P12.30/share......»»
Fruitas raises P200 million from corporate notes
Fruitas Holdings Inc. has completed its maiden private placement, raising P200 million from the issuance of corporate notes......»»
GSIS raises RCR take to 8.18%
The Government Service Insurance System has increased its stake in the Gokongwei-owned RL Commercial REIT to 8.18% through the purchase of over 790 million shares of RCR over the past 60 days......»»
Fruitas raises P200-M through sale of corporate notes
Fruitas disclosed that it sold P200 million worth of corporate notes in a private placement to banks and institutional investors......»»
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......»»
Brgy captain of 76-A questions delayed food distribution for fire victims
THE head of Barangay 76-A raises concern over food assistance for residents affected by the two fire incidents that occurred on Sunday, April 7, 2024......»»
Brgy captain of 76-A questions delayed food distribution for fire victims
THE head of Barangay 76-A raises concern over food assistance for residents affected by the two fire incidents that occurred on Sunday, April 7, 2024......»»
Government raises P330 million from asset disposals in 2023
The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»
Taiwan s Navy Chief to Visit US Next Week, Sources Say
Taiwan's navy chief, Tang Hua, will visit the United States next week to attend a military ceremony and discuss how to boost bilateral naval cooperation as China raises threats toward the island, six people briefed on the trip said.While Taiwan and the United States have a close relationship, it is unofficial, as Washington formally recognizes China, not the democratically governed island that Beijing claims as.....»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
BTr raises P120 billion from T-bond sale
The government raised the entire program of P120 billion in long-term securities this month even as investors’ asking rates were mixed......»»
Aboitiz Group raises 2024 capex
The Aboitiz Group is poised to expand its various business units this year, supported by a substantial increase in capital expenditures......»»
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......»»