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DBP seeks capital buildup of up to P300 billion
State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»
PNB asset sale seen to yield P5.4 billion
Philippine National Bank will raise at least P5.41 billion from the disposition and monetization of foreclosed assets in Makati, Mandaluyong and Quezon City next month......»»
ALI to raise P50 billion in debt capital
Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»
A Brown gets green light for P1.5 billion share offer
A Brown Co. Inc. has secured approval from the Philippine Stock Exchange to raise up to P1.5 billion through a preferred shares offering......»»
Century Properties eyes P4 billion from pref shares issue
Century Properties Group Inc. has set the preliminary terms for its planned preferred shares issuance, in which the company intends to raise as much as P4 billion......»»
A Brown targets P1.5 billion from preferred share sale
A Brown Co. Inc. is targeting to raise up to P1.5 billion from the sale of preferred shares......»»
CLI approves issuance of P5 billion preferred shares
Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»
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......»»
New ride-hailing app inDrive suspended due to fare-haggling system
Prior to the suspension order, inDrive was positioning itself to make a splash as a competitor to Grab. Now, its plans are on pause after the LTFRB questioned its fare-haggling system......»»
RTB issue hikes borrowings to P420 billion in February
The government borrowed 22 percent more in February primarily due to the issuance of Retail Treasury Bonds aimed at financing state projects......»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
Experienced champion Creamline unfazed vs hungry Choco Mucho
It’s easy to say that Creamline remains the favorite in its Premier Volleyball League All-Filipino Conference finals reprise with sibling rival Choco Mucho after having waded into countless championship battles, won numerous crowns, and prevailed in all but one of their seemingly endless head-to-head showdowns......»»
At least 6,000 displaced as rival Moro groups clash in Maguindanao del Sur
Local officials are struggling to disengage two feuding Moro factions in Mamasapano town Maguindanao del Sur that clashed again last Sunday after a five-week lull in hostilities, sending innocent villagers evacuating......»»
6 armed villagers wounded in Basilan ambush
Ambushers wounded six men in a rival group in an attack early Saturday in Sitio Lessem in Barangay Bato-Bato in Akbar, Basilan......»»
CFC squares off with Kaya Iloilo on Sunday
CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants will take on their fiercest rival, the Kaya FC Iloilo, as the latter hosts them on Sunday, May 5, in the ongoing Philippines Football League (PFL) at the Iloilo Sports Complex. This will be the Gentle Giants’ fourth match of the season. So far,.....»»
Creamline stays alive
Almost everybody was already predicting the end of Creamline’s dynastic reign with the meteoric rise of rival teams including the vastly improved and deeply talented Petro Gazz side......»»
MILF members clash; 1 dead
Two rival groups of the Moro Islamic Liberation Front clashed in Barangay Banucagon in Pigcawayan, Cotabato on Wednesday, leaving one person dead and hundreds of villagers displaced......»»
Marcos: Ex-president Duterte not a political rival
President Ferdinand Marcos Jr. said he does not view former president Rodrigo Duterte as a political enemy despite receiving criticisms from his predecessor. .....»»