Tags: Philippines
Robinsons Retail Group to do largest IPO in the Philippines
Robinsons Retail Group is planning to undertake the largest IPO in the Philippines. The Robinsons Retail Group, whose interests include operations in the consumer market through supermarkets, hardware and department stores throughout the Philippines, is now planning to raise US$924 million through an initial public offer in Manila.
Unemployment pulls Philippine stocks down
Due to high unemployment rates, the Philippines Stock Exchange Index fell 4.6 percent, its biggest loss since September 2011.
Philippine Government Opens Bidding to Seven Groups for Airport Project
The Philippines' DOTC approves seven bidders for Metro Cebu airport project. The government of the Republic of the Philippines have released a list of approved and qualified builders for a US$430 million airport project.
San Miguel Corp Raises Corp Bond Issue
The largest corporate bond issue of the Philippines was recently launched by San Miguel Corp. The Philippines' most diversified corporation, San Miguel Corporation has raised a US$800 million through a ten year bond issue.
