Corporate
Mass housing developer sanguine on accelerated loan take outs in 2H
Low-cost housing developer 8990 Holdings Inc. on Monday bared plans to spend P8 billion as capital expenditures this year, roughly the same amount spent...
RCBC completes sale of 15% stake to Sumitomo Mitsui Bank for P27 billion
Rizal Commercial Banking Corp., the sixth largest lender in the Philippines by assets, announced Monday the financial completion of its sale of an additional...
Apollo Global offshore Cagayan mining project stalled by Super Typhoon Egay
Apollo Global Capital Inc. said Monday its offshore mining operations in Gonzaga, a coastal town in the northern tip of the Philippines, has been...
ACEN secures pre-effective SEC nod for preferred shares shelf registration
ACEN Corp., the energy arm of the Ayala Group, said Monday it received the pre-effective letter of the Securities and Exchange Commission that favorably...
Citi integration tempers Union Bank earnings growth
Union Bank of the Philippines said Monday first half net income rose 6 percent year-on-year to P6.4 billion, with higher operating cost tempering gains...
