Roxas Holdings Announces Senior Appointments

PHILIPPINES - Sugar group Roxas Holdings, Inc. (RHI; PSE:ROX) is taking on a new direction with the appointments of two key officers. RHI Chairman and...

Philippine Stock Exchange To Use NASDAQ-Developed Trading System in June

MANILA, PHILIPPINES - The Philippine Stock Exchange, Inc (PSE) announced that starting June 1, it will replace the PSEtrade platform provided by NYSE Euronext...

Company Shares of Da Vinci Capital Holdings, Ionics Inc Rally at Philippine Stock Exchange

PHILIPPINES - Da Vinci Capital Holdings, Inc. (PSE:DAVIN)'s stock rallied on Monday's trading to lead advancers with a last trade price of Php2.13 a...

Philippine Airlines Posts USD20-Million 2014 Income, A First In Three years

Philippine flag carrier Philippine Airlines (PAL) announced a USD20-million total comprehensive income in 2014, the airline's first positive income after a three-year losing streak. In...

Lazada Philippines Kicks Off Biggest Online Christmas Sale of the Year

MANILA, PHILIPPINES - Lazada Philippines has announced the launch of the Lazada Online Revolution Sale, which is set to be the biggest online Christmas...
Overseas Remittances

Philippine Central Bank Meets This Week; Forecast To Keep Policy Rates

MANILA, PHILIPPINES - The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is meeting this week and analysts have predicted that...

APEC Organizers Say Cebu Hotel Rates Market Driven, Not Overpriced

The Asia Pacific Economic Cooperation National Organizing Council (APEC NOC) has released the result of its investigation on the alleged overpricing of hotel rooms...

Philippine Stock Exchange Acquires New Office For USD18m

MANILA, PHILIPPINES - The Philippine Stock Exchange, Inc (PSE) is expected to move to its new office in the latter part of 2016 after...
Philippine Stocks

Philippine Stock Exchange Appeals to Government to Open Financial Clearings, Settlements During APEC

The Philippine Stock Exchange, Inc. (PSE) has asked the Bangko Sentral ng Pilipinas (BSP) to make financial clearing and settlement operations among the services...

Regulator Sets New Policy For Philippine Banks That Want To Sell Insurance

MANILA, PHILIPPINES - The Insurance Commission (IC) of the Philippines now requires banks that intend to sell insurance products to first secure bancassurance agreement...

Crown Asia Chemicals Raises US$5 Million in Philippine IPO

MANILA, PHILIPPINES - Crown Asia Chemicals Corporation, a plastic compounds and pipe producers, was able to raise Php222.8 million (USD5 million) from its initial...

Philippine Stock Exchange Warns of Investment Scams

MANILA, PHILIPPINES - The Philippine Stock Exchange, Inc. (PSE) has issued an advisory warning the public against the proliferation of investment scams. In a statement...

Cebu APEC 2015: APEC Members Urged To Promote Good Health And Sustain Economic Development

CEBU CITY - The Philippines through the Department of Health (DOH) called on member economies of the Asia Pacific Economic Cooperation (APEC) to promote...

ABS-CBN Posts 23 Percent Rise in Net Income to Php1.9 Billion

PHILIPPINES – Philippine media and entertainment company ABS-CBN reported a 23 percent rise in net income in the first nine months of this year...
BDO Leasing

BDO Leasing Profits up 10% to P556 million in 2015

BDO Leasing and Finance, Inc. (BDO Leasing) posted a 10% increase in net income to P556 million in 2015. The company’s strong performance was driven by...

BDO Unibank Named Among ASEAN’s Top 50 Listed Firms

BDO Unibank Inc (BDO), one of the Philippines' leading banks, is among the recipients of the inaugural ASEAN Corporate Governance Awards Top 50 ASEAN...

EastWest Bank Raises Php8 Billion in Philippine Stock Exchange Offering

MANILA, PHILIPPINES - EastWest Banking Corporation (EW) listed more than 371 million shares from its recently concluded stock rights issuance at the Philippine Stock...

Philippine-based BPO SPi Global Named Asia’s Top Firm To Work For

MANILA – Philippine-based SPi Global, the pioneering leader in the Philippine Business Process Outsourcing (BPO) industry was named as the Top Company to Work...

Philippine Regulator Lifts Suspension of Seair, Skyjet

MANILA, PHILIPPINES - Less than a month after their suspension, SkyJet and Seair have been allowed to fly again following an inspection conducted by...
Mactan Cebu International Airport MCIA

Cebu Airport Launches China, Taiwan Direct Flights

GMR Megawide Cebu Airport Corp. (GMCAC), operator of the Mactan-Cebu International Airport (MCIA), welcomes the launch of two more international destinations out of Mactan-Cebu...