Filipino Fund: Amendments to Articles of Incorporation

Makati—(PHStocks)—The Securities and Exchange Commission (SEC) has approved Filipino Fund Inc.‘s (PSE: FFI) increase of Capital Stock from PhP78,951,850 divided into 78,951,850 shares with a par value of PhP1.00 each to PhP184,234,038.00 divided into 184,234,038 shares with a par value of PhP1.00 each. Click Here for More Information Related Articles:PSE Acquires 28.91% of PDSSEC to Set […]
Continue reading…

 

Filipino-Owned Emperador Now Sold in 40 Countries Worldwide

Quezon City—(PHStocks)—After 18 months since it started expanding its brand footprint outside the Philippines, Emperador Inc.’s (PSE: EMP) Emperador Brandy , the world’s largest brandy by volume, is now being distributed in 40 countries across Asia, North America, Africa, Middle East, and Europe. The brand continues to develop distribution alignments in new markets and it […]
Continue reading…

 

Emperador Acquires Fundador

Quezon City—(PHStocks)—Grupo Emperador Spain S.A., a company owned by Emperador Inc. (PSE: EMP) of the Philippines, has reached a definitive agreement with Beam Suntory Inc. to purchase its Spanish brandy and sherry business in Jerez de la Frontera, the brandy capital of Spain. The purchase includes the iconic brands of Fundador, the Philippines’ best selling […]
Continue reading…

 

Roxas Foundation Partners Real Madrid to Help Underprivileged Filipino Kids

Fundación Real Madrid, the social arm of Real Madrid CF — a professional football club dubbed to have the world’s most valuable sports team, is partnering with Philippine-based Roxas Foundation Inc. (RFI), the corporate foundation and the social development arm of Roxas Holdings Inc. (PSE: ROX), to train a select group of underprivileged Filipino children. In […]
Continue reading…

 

Household Sector Remains as Top Net Funds Provider

Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP) has released the 2012 Flow of Funds (FOF) Report, which presents a summary of financial transactions among the different institutions of the economy, between these institutions, and the rest of the world. It identifies which institutions are net borrowers and net lenders after a series of financial transactions for the […]
Continue reading…

 

BLOG: Do We Really Have the Fundamentals?

Over the past week, we have seen our local stock market “bleed” profusely trading day after trading day. Of course, the main reason for the massive decline is that foreign investors have been taking out their money out of the equities market in emerging (or developing) regions in Asia because of fears—caused by the frenzy […]
Continue reading…