Company Overview and News

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BPI to offer up to $2-B medium term notes

2018-06-22 bworldonline
BANK of the Philippine Islands (BPI) said it has been authorized by its board to establish an up to $2 billion dollar-denominated medium-term note (MTN) program, with the notes to be listed in Singapore.
BPI DB PNB RZLLY RCB

9
Peso strengthens on BSP policy rates decision

2018-06-21 bworldonline
The peso strengthened a tad against the dollar on Thursday, June 21, following the local central bank’s decision to raise its interest rates.
PSKXF RZLLY PHSXY PSE RCB

4
Peso weakens anew vs US dollar

2018-06-20 bworldonline
THE PESO slid against the dollar on Wednesday as investors remain wary about trade tensions overseas and amid the decision of the local central bank to raise its interest rates.
RZLLY RCB

4
RCBC to launch blockchain remittance service in Japan

2018-06-19 bworldonline
RIZAL COMMERCIAL Banking Corp. (RCBC) is set to launch a remittance service in partnership with two Japanese banks using the blockchain technology for a cheaper and faster way of sending money.
RZLLY RCB

4
Top Philippine stock fund holds on to cash as bear market nears

2018-06-19 bworldonline
THE best stock fund in the Philippines is holding on to its cash as a sell-off that’s wiped out more than $36 billion from Asia’s worst-performing equity market brings the benchmark closer to bear territory.
RZLLY RCB

4
Top Philippine Stock Fund Holds On to Cash as Bear Market Nears - Bloomberg

2018-06-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
RZLLY RCB

4
Peso slumps to hit fresh trough

2018-06-18 bworldonline
THE PESO slumped further against the dollar on Monday, hitting a fresh low, as trade tensions between the United States and China continued to worry investors.
RZLLY RCB

8
BSP could maintain policy for now — poll

2018-06-17 bworldonline
THE BANGKO SENTRAL ng Pilipinas (BSP) may find room to keep interest rates unchanged this week amid signs that inflation may be slowing, economists said in a poll even as they kept the window open for another hike later this year.
SYBJF RZLLY RCB SECB

4
Peso weakens to hit P53:$1 level

2018-06-13 bworldonline
THE PESO plunged on Wednesday, sinking below the P53-per-dollar line to log a new 12-year low ahead of the policy meeting of the US Federal Reserve.
RZLLY RCB

8
FDI pledges drop 37.9% in first quarter

2018-06-08 bworldonline
APPROVED foreign investment pledges fell to their lowest level in nearly eight years last quarter in the face of external developments and uncertainties due to planned changes to the corporate income tax and incentives schemes.
SYBJF RZLLY RCB SECB

4
RCBC sets final terms for stock rights offer

2018-06-08 bworldonline
Rizal Commercial Banking Corp. (RCBC) has set the final terms for its stock rights offer (SRO) where it is eyeing to raise P15 billion to strengthen its capital ratio and fund its business expansion.
RZLLY RCB

4
Asia's Most Unloved Stocks Still Face Weakness, Investors Say - Bloomberg

2018-06-05 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
CNPF RZLLY RCB

4
Government flags inflation concern

2018-06-05 bworldonline
INFLATION clocked slower than expected in May but still marked the fastest clip in more than five years and kept the year-to-date pace past the government’s 2-4% target for 2018, prompting state economic managers to express concern and assure the public of action in separate statements on Tuesday.
RZLLY RCB

8
Poll puts May price hike past target

2018-06-03 bworldonline
HIGHER OIL and food prices drove inflation even faster in May from a year ago to a fresh five-year high, analysts said in a BusinessWorld poll, even as the Finance department said in a bulletin that month-on-month tracking may signal slowing momentum ahead.
UBNC SYBJF RZLLY RCB SECB

8
Factory activity best in five months

2018-06-01 bworldonline
PHILIPPINE manufacturing activity saw “solid improvement” in May, picking up for the third straight month on growing demand despite “intensified” cost pressures passed on to customers via higher prices, according to the latest monthly tracking IHS Market conducted for Nikkei, Inc.
SYBJF RZLLY RCB SECB

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CUSIP: 76970D107