SM Prime lists initial P25 billion tranche of fixed-rate retail bonds
SM Prime Holdings, Inc., one of the largest integrated property developers in the country and part of the SM Group, has listed its P25 billion fixed-rate retail bonds at the Philippine Dealing and Exchange Corp.
GCash-enabled cash transfers now possible with select US banks
GCash, the country’s top finance app and largest cashless ecosystem, has partnered with Meridian, a US-based instant payments provider, to enable cash transfers directly from over 12,000 US banks to any GCash account.
Manulife to redeem USD750 million debentures starting August 20
Manulife Financial Corp., a global financial services provider headquartered in Canada, said it plans to redeem all outstanding USD750 million principal amount of 3.049 percent fixed/floating subordinated debentures on August 20.
Retail fuel prices ramp up again this week
Fuel retailers Caltex and Seaoil on Monday announced increasing the price of their gasoline by P1.40 per liter, their diesel by P1.75 per liter and their kerosene by P1.05 per liter starting Tuesday morning.
DA forecasts nearly twice as much rice hoard by year end than last
The Department of Agriculture (DA) on Monday projected the national rice inventory to round the year nearly twice the level achieved in 2023 to 3.64 million metric tons (MT), the debilitating impact of the El Niño notwithstanding.
