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Net IIP inched higher in June
The country’s international investment position (IIP) showed a net liability position of $48.5 billion as at end-June this year, slightly higher by 2.5 percent than only $47.4 billion as at end-March, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
Government raising P150B from Treasury bill, bond auctions in October
The Philippine government plans to raise a total P150 billion from the domestic capital market through the weekly auction of treasury bills and bonds in October.
Bloomberry raising P5.59B via two-step equity offering
Bloomberry Resorts Corp. said Friday its board approved a two-step capital-raising plan that would generate P5.59 billion for the listed resort and casino operations business of tycoon Enrique Razon.
Fernando Zobel elected as board member of Ayala Corp.
Fernando Zobel de Ayala was elected Thursday as board director of Ayala Corp. and completed his return to the conglomerate following a medical leave last year.
Vivant Corp. unit signs 20-year deal to buy electricity from Samal solar farm
Vivant Corp. said Thursday one of its indirect renewable energy retail subsidiaries has signed a 20-year deal to buy electricity from Samal Solar Renewable Energy Corp., a company building a solar farm with a total capacity of 52 megaWatts-direct current.
