Corporate
BPI lists upsized P36.66B fixed-rate bonds on PDEX
Bank of the Philippine Islands on Monday issued and listed P36.66 billion of peso fixed-rate bonds due 2025 on the Philippine Dealing & Exchange Corp.
Marubeni remains committed as Maynilad investor
Marubeni Corp., the Japanese partner of west zone concessionaire Maynilad Water Services Inc., is committed to invest more in the Philippines despite the issues the business sometimes have to deal with over the years.
LTG nine-month income falls 6% on weak tobacco
LT Group Inc., the holding firm of most businesses of tycoon Lucio Tan, said net income in the nine months through September fell 6 percent to P19.25 billion from last year’s P20.41 billion, caused mainly by weaker tobacco business.
PSE to hold last edition of investors day for the year
Nine publicly-listed will join the last edition of the Philippine Stock Exchange Inc.’s investor day for the year, an event that features the presentation of select listed firms quarter-end results.
PNB nine-month net income rises 19% to P13.5 billion
The Philippine National Bank registered consolidated net income of P13.5 billion in the first nine months this year, 19 percent higher compared to the same period last year. The stronger performance was attributed to growth in the bank’s core lending and fee-based operations.
