PSE Holds Listing Forum in Pampanga

The Philippine Stock Exchange Inc. (PSE: PSE) recently held a listing forum entitled “Empowering Local Businesses Through Listing” in Clark, Pampanga. The event is part of the ongoing effort of the Exchange to create awareness among potential listing applicants on the benefits of going public and the requirements and processes involved in listing. Related Articles:PSE […]
Continue reading…

 

Globe Telecom Signs PhP20B Term Loan Facility

Taguig—(PHStocks)—Globe Telecom Inc. (PSE: GLO) signed a 12-year and 15-year PhP20 billion term loan facility arranged by First Metro Investment Corp. with Metropolitan Bank and Trust Co. (PSE: MBT) as lender. The loan shall be used to finance the acquisition of a 50% equity interest in Vega Telecom Inc., Bow Arken Holdings Co. Inc., and Brightshare […]
Continue reading…

 

AXA Completes Acquisition of Charter Ping An

Makati— (PHStocks)—Philippine AXA Life Insurance Corp. (AXA Philippines) announced that it completed the 100% acquisition of Charter Ping An Insurance Corporation (Charter Ping An). AXA first announced its intention to purchase the non-life insurance company from GT Capital Holdings Inc. (GT Capital, PSE: GTCAP) on November 5, 2015. AXA Philippines is a joint venture between […]
Continue reading…

 

First Metro Announces Top Management Change

Makati—(PHStocks)—First Metro Investment Corp. president Roberto Juanchito T. Dispo is set to retire after 18 years with the Metropolitan Bank & Trust Co. (PSE: MBT)-owned investment bank. His retirement as president and director is effective January 1, 2016, on which date Rabboni Francis B. Arjonillo, formerly Treasury and Investment Banking Sector head of Land Bank of […]
Continue reading…

 

BLOG: My Online Stock Broker

We’ve just finished the “basics to learning investing” series here in PHStocks. For those who happen to be their first time here, you can find the first part here, second part here, and third parthere. (NOTE: AGAIN, THIS ARTICLE IS ONLY FOR THOSE BEGINNERS IN STOCK INVESTING. THOSE EXPERTS, AUTHENTIC AND OTHERWISE, AND TSUPITEROS, WOULD […]
Continue reading…

 

PH Economy Expected to Grow 7.5-8% in 2014

The Philippine economy is seen to expand by 7.5 to 8 percent this year, driven largely by the expected increase in the government’s infrastructure spending and continued robust consumption, according to the Metrobank-led First Metro Investment Corp. (FMIC). Read More Source: Philippine Daily Inquirer Related Articles:Globe Telecom Signs PhP20B Term Loan FacilityFirst Metro Announces Top […]
Continue reading…

 

PLDT Offers Debut SEC-Registered Bonds

Manila—(PHStocks)—Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) (NYSE: PHI) Philippine Long Distance Telephone Company (PLDT), the leading telecommunications service provider in the Philippines, has received approval from the Securities and Exchange Commission (SEC) to sell bonds with a base offer size of PhP10 billion, with an option for oversubscription of up to PhP5 billion. This will be […]
Continue reading…

 

Philippine Economy Seen to Remain Resilient Amid Uncertainties in 2014

Makati—(PHStocks)—First Metro Investment Corp. sees the Philippine economy to remain strong in 2014. First Metro chairman Francisco Sebastian said, “The year 2013 is a year marked by natural calamities and uncertainties both in the developed and emerging markets, but may also be remembered as a year when the Philippines achieved investment grade status. The country has […]
Continue reading…