Foreign Portfolio Investment Transactions Result in Net Outflows in June
BSP-registered investments for the month of June amounted to $1.4 billion, reflecting a 14.1 percent increase from the $1.2 billion
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Lucio Tan Taking Over as Temporary PAL President
Billionaire Lucio Tan will take over as the interim president of Philippine Airlines (PSE: PAL) effective immediately. PAL executive vice
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Megaworld to Open PhP2.1-B Belmont Hotel in Boracay Newcoast
Property giant Megaworld (PSE: MEG), through its subsidiary brand Global-Estate Resorts Inc. (PSE: GERI), is opening its second hotel development
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Stocks Dip Anew, But 8,500 Still Within Sight
The stock barometer slipped for the second straight session on Wednesday as investors reassessed recent gains, albeit remaining above the
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PNB Raises Funds via Shares Sale
Tycoon Lucio Tan-led Philippine National Bank (PSE: PNB) has completed a PhP12-billion fundraising through the sale of new shares to
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Govt Earns PhP143M from Mile Long Lease
The government earned PhP142.6 million from the 2.2-hectare Mile Long property in Makati City since it took over the management
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Uy’s Udenna Acquires 100M Shares of Atok
Share price of Atok Big Wedge Inc. (PSE: AB), a listed company owned by businessman Roberto Ongpin, surged 23.8 percent
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Phoenix to Raise PhP3.5B from Debt Issue
Listed independent oil firm Phoenix Petroleum Philippines Inc.(PSE: PNX) is raising at least PhP3.5 billion from the second tranche of
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Hanjin Shipyard Can Become a Major Global Port — Lopez
The 300-hectare shipyard of Hanjin Philippines may be taken over by several shipping companies that would transform it into a
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BDO Remains Largest Lender as Assets Near PhP3T
Publicly-held BDO Unibank Inc. (PSE: BDO) owned by the Sy family continues to dominate the banking industry as its assets
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