Security Bank raising P8 billion from 1.5-year peso bond sale
Security Bank, the country’s 10th largest lender by assets, said it will start on Monday a 12-day public offer of 1.5-year fixed-rate peso bond that...
BAP launches dollar-peso cross currency swap market
The Bankers Association of the Philippines (BAP) launches the dollar-peso cross currency swap (USDPHP CCS) market in line with its commitment to promote market...
PNB to privately place 14% stake in affiliate PNB Holdings
Philippine National Bank, the lending arm of the Lucio Tan Group, said Monday its board approved a plan to sell 14 percent of PNB...
Sugar millers thumb down proposed increase in beverage tax
The Philippine Sugar Millers Association (PSMA) called on the Department of Finance (DOF) to implement a more stringent tax collection system instead of increasing...
Bacolod RTC dismisses attempt to block electric utilities venture
The Bacolod Regional Trial Court has denied the petition to restrain the proponents of a joint venture agreement (JVA) between Primelectric Holdings Inc. and...
