Tags: Philippine Stock Exchange
Philippines' Banco de Oro raises PHP5 billion through high-yield deposit offer
Banco de Oro (BDO), the top lender in the Philippines, has successfully completed a PHP5 billion fundraising through an offering of high-yield deposits to retail and institutional investors.
PSE says meeting IPO target this year is hard
The Philippine Stock Exchange said meeting IPO targets this year would be difficult as market conditions continued to be volatile.
Torrential rains hit Philippine businesses, but not hard as last year's
As Manila is flooded due to nonstop rains brought by the monsoon weather, large and small-scale businesses are left to deal with its aftermath.
Monsoon rains halts PSE trading
Torrential rains and flooded caused PSE to postpone trading for two consecutive days. The Philippne Stock Exchange (PSE) announced earlier today the postponement of trading.
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PSEi joined regional rally. The Philippine Stock Exchange index has joined the regional rally. The benchmark index closed at 6,360. 73, a rise of 52. 55 points or 0.
Genting Hong Kong’s Philippine Travellers postponed its IPO due to negative market conditions stinging emerging markets.
Genting and Alliance Global postponed Travellers' initial public offering. Alliance Global Group Inc. and Genting Hong Kong Ltd. said on Tuesday that they would postpone the IPO of Travellers International Hotel Group Inc.
The PSE President Hans Sicat says sales record still achievable within the year. According to the Philippine Stock Exchange, the target for record shares sales for 2013 is still achievable.
Manila Water Company's (MWC) stock prices plummeted after a week since it was reported that the water regulator was letting its consumers pay for its taxes.
Ayala Land to do bond offer to the market for general corporate purposes. (Photo : Reuters)The image is the corporate logo of Ayala Land Inc. Ayala Land, one of the Philippines' largest property developers, is working on a plan to offer to the market domestic retail bonds worth around Php21 billion.
Hans Sicat gets third term and promises new investment vehicles for the Philippine bourse in the coming year.