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Headline News

SMC offering P30B in bonds to institutional investors

San Miguel Corp. yesterday unveiled to institutional investors a new bond offering worth as much as P30 billion, proceeds from which would be used to refinance debt, trim US dollar obligations and invest in various businesses. (31-0)


2018-02-06 philstar
DICT Acting Secretary Eliseo Rio Jr. is confident the third player they will select to compete with our telco duopoly will not be hampered by the fact that Globe and Smart/PLDT already control 70 percent of the frequencies. (19-0)

TNT KaTropa forward Williams: being ready

2018-02-06 bworldonline
VETERAN TNT KATROPA forward Kelly Williams turns 36 years old today. But while he is no longer a spring chicken and has already logged so many minutes in 12 years in playing in the Philippine Basketball Association (PBA), he has shown no signs of slowing down, even saying that he is a “better” player now than ever before. (19-0)

SMC sets timetable for P30-B bond offer

2018-02-06 bworldonline
DIVERSIFIED conglomerate San Miguel Corp. (SMC) has set the listing of its P30-billion fixed rate bond issuance this March.  (24-0)

Globe net profit drops in 2017

2018-02-06 bworldonline
GLOBE TELECOM, Inc. reported its net profit fell 5% to P15.08 billion in 2017 despite record revenues, as “increased investments in data network pushed non-operating expenses and depreciation charges higher.” (28-0)

Guess who came to see Yu Yuk Lai at women’s correctional?

PNP chief Dir. Gen. Ronald dela Rosa speaks with the inmates of Correctional Institute for Women (CIW) in Mandaluyong City. Julliane Love de Jesus/ (19-0)

PLDT to keep spending at record levels

2018-02-04 philstar
MANILA, Philippines — As it set its highest ever capital expenditures at more than P50 billion this year,  PLDT Inc. will keep spending at record levels over the next two years to continue network improvements and deliver better services to customers.  (19-0)

PLDT to ramp up expansion of fixed, mobile networks

2018-02-04 bworldonline
PLDT, Inc. is ramping up the expansion of its fixed and mobile networks as part of its five-year P260-billion capital expenditure (capex) program. (19-0)

Bargain hunt spurs slight recovery

2018-02-02 bworldonline
PHILIPPINE EQUITIES recovered on Friday from three straight days of decline to close above the 8,800 mark, with one analyst attributing the week’s positive end to bargain-hunting by investors. (46-0)

White elephant

2018-02-01 philstar
NEDA may yet frustrate President Duterte’s desire to bring about a golden age of infrastructure. NEDA has through the years shown a bias for ODA and GAA and against PPP and unsolicited proposals. (19-1)

Competition body walks a tightrope as it intensifies enforcement this year

2018-02-01 bworldonline
COMPETITION authorities will have to strike a balance between allowing investments to flourish and protecting the welfare of consumers as the Philippine Competition Commission (PCC) ramps up enforcement this year. (21-0)

AFP blasts NPA’s beheading of CAFGU

The military on Thursday slammed the New People’s Army for killing one of their former comrades who returned to the folds of law.  (19-0)

Filipino food products shine at int’l fancy food show in SF

Non-Filipino promo lady and sample server Amber Diaz (left), an experiential marketing specialist, and her partner would again endorse Filipino food products that are healthy and enjoyable to all ages. INQUIRER/Jun Nucum (19-0)

San Miguel selling P30 B retail bonds

2018-01-30 philstar
MANILA, Philippines — Diversified conglomerate San Miguel Corp. will launch a new offering of retail bonds worth as much as P30 billion to fund massive capital requirements and refinance debt. (19-0)

SMC gets top credit rating for P30-B fixed-rate bonds

2018-01-30 bworldonline
DIVERSIFIED conglomerate San Miguel Corp. (SMC) secured the highest credit rating for its planned P30-billion fixed-rate bond issuance, a local debt watcher said.  (24-0)