Tags Business news

Tag: business news

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...

Metrobank Partners with Bank of Yokohama To Serve Japanese Firms in the Philippines

MANILA, PHILIPPINES - Metropolitan Bank & Trust Company (Metrobank) recently signed an agreement with one of Japan’s leading financial conglomerates, The Bank of Yokohama...

SM Investments Corp Posts 8.1 Percent Q1 Net Income Growth

MANILA, PHILIPPINES - SM Investments Corporation announced that its consolidated net income in the first quarter of 2015 grew 8.1% to PHP6.7bn (USD150 million),...
Overseas Remittances

Philippine Inflation Further Slows in April

MANILA, PHILIPPINES - The Philippine central bank, Bangko Sentral ng Pilipinas (BSP), said headline inflation slowed down to 2.2 percent year-on-year in April from...

Bank Negara Malaysia Names Mohd Adhari Belal Din as Assistant Governor

KUALA LUMPUR, MALAYSIA - Bank Negara Malaysia, the country's central bank, has announced the appointment of Mod Adhari Belal Din as assistant governor, in...

Philippine Stock Exchange Sets Annual Stockholders’ Meeting

MANILA, PHILIPPINES - The Philippine Stock Exchange, Inc. (PSE) will hold its annual stockholders' meeting (ASM) on May 2, 2015, 8:00 a.m., at Pavilions...

Philippine Monetary Board Approves Amendment of Unit Investment Trust Fund

MANILA, PHILIPPINES – The Monetary Board of the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, approved the amendment of the...

Philippine Banks Banned From Sending Unsolicited Advertisements Through SMS

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

Nokia Seeks to Challenge Chinese Firms in Alcatel-Lucent Buy

NEW YORK - Low-cost Chinese telecoms equipment firm are now eating up on the market share of other global manufactures. But Nokia just won't...

World Bank Cites Philippine Banking System

MANILA, PHILIPPINES - The World Bank (WB) cited the financial consumer regulatory environment in the domestic banking system in its “Republic of the Philippines:...

Philippine Exports Drop in February, NEDA Says

MANILA— Philippine merchandise exports recorded a 3.1-percent decline in February 2015 on account of lower sales in agro-based products, manufactures, and petroleum products, according...

Malaysia’s Maybank to Open New China Branch; Readies Samurai Bond Offering

MALAYSIA - Malaysia's largest bank and financial group, Malayan Banking Bhd (Maybank), is set to open its fourth branch in Greater China this week...

Asia-Pacific Private Equity Deals Hit All-Time High in 2014

A report released by global management consulting firm Bain & Company showed that private equity (PE) deals signed in the Asia-Pacific region reached USD81...