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 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...

Philippine President Aquino Tackles China-Led AIIB In Japan Visit

TOKYO - Philippine President Benigno Aquino III announced that his country is still studying the proposal to join the China-led Asian Infrastructure Investment Bank...

Uniqlo Unveils Fall Winter 2015 Collection Ahead of Cebu Store Opening

Uniqlo makes life better for Cebuanos at it unveils its Fall Winter 2015 collection in the “Queen City of the South”, Cebu City in...

Pacifica, A Brown Company Advance in Early Trading at Philippine Stock Exchange

Shares of Pacifica, Inc (PSE:PA) traded 13.51 percent higher to Php0.042 at 10 am Tuesday at the Philippine Stock Exchange. The share price of PA...

Filipinos Urged to Invest in Stock Market

Filipinos should take advantage of the country’s rising economy by investing in the stock market instead of just letting their money sit at home,...

Philippine Unemployment Rate Drops in First Quarter

MANILA, PHILIPPINES - A survey conducted by Social Weather Stations (SWS) showed that the number of unemployed Filipinos dropped in the first quarter of...
ArthaLand

ArthaLand Buys Prime Cebu Property

CEBU CITY - Consistent with its leadership on the green real estate segment, ArthaLand recently acquired a prime property along Salinas Drive in Cebu...

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...

China Bank, Employee Union Sign Off On New CBA

MANILA, PHILIPPINES - China Banking Corporation (China Bank) (PSE:CHIB) and China Banking Corporation Employees Association (CBCEA) have recently agreed on a new collective bargaining...

East West Bank’s Php500 Million Investment in Ageas Insurance JV Gets BSP Approval

PHILIPPINES - The Bangko Sentral ng Pilipinas (BSP), the country's central bank, has approved the initial equity investment of East West Banking Corporation (PSE:EW)...

DMCI Power Mulling Renewable Energy Entry

PHILIPPINES - Off-grid electricity supplier DMCI Power Corporation (DPC) is looking to expand its energy portfolio to include renewable energy (RE), DMCI Holdings Inc...

Philippine Central Bank Issues Public Advisory on Credit Card Collection Agencies

MANILA, PHILIPPINES - The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has issued an advisory to inform the public on the...

Philippine Central Bank Issues Advisory on Authority of Credit Card Collection Agents

MANILA, PHILIPPINES - The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has issued an advisory to inform the public on the...

Jollibee’s Q3 Profit Up 7.3 Percent to Php1.3 Billion

PHILIPPINES - Jollibee Foods Corporation (PSE:JFC), the Philippines' largest food service company generated in the third quarter of 2015 System Wide Sales of Php32.3...

BDO Unibank (PSE:BDO) Appoints New Assistant Corporate Secretary

PHILIPPINES – BDO Unionbank (PSE:BDO) has announced the appointment of lawyer Alvin C. Go as Assistant Corporate Secretary of BDO and Alternate Corporate Information...
Overseas Remittances

Foreign Equity Capital Investments in Philippines Up in February

MANILA, PHILIPPINES - Foreign net equity capital in the Philippines increased by 184.7 percent in February to US$179 million, sending the total foreign direct...
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...

Ayala Land Inc. (PSE:ALI) Buys Additional Stake in Malaysia’s MCT Bhd for US$92 Million

PHILIPPINES - Philippine Stock Exchange (PSE)-listed Ayala Land, Inc. (PSE:ALI) has disclosed that it is acquiring additional shares of Malaysian development and construction company,...

Today’s Top Gainers at Philippine Stock Exchange

PHILIPPINES - Three stocks rallied to end the trading day with double-digit gains while seven others managed to advance even as all shares at...