Cebu Landmasters and Eagle Cement Approved for an IPO

MANILA, Philippines – The bourse told reporters on Wednesday that the PSE panel of directors gave nods on the Cebu Landmasters and Eagle Cement’s decision to raise a maximum of 3.8 billion pesos and 9.2 billion pesos from their starting share trades, respectively. The Eagle...

Economists: February FDI Data Shows Investors’ Confidence in PH

MANILA, Philippines – On the data published yesterday for February’s Foreign Direct Investment (FDI), it shows that investors are placing greater bets on the country due to its fast growth rate. According to the data released by the Banko Sentral ng Pilipinas, the net entry...

There Is No Stopping in the Growth of GT Capital

MANILA, Philippines – GT Capital is gearing up to expand the business. It is now taking the positive results of its decision to change course to infrastructure from the energy generation and also to consolidate the non-life and life insurance industry. The company’s business...

The End of Chinese Offshore Acquisition Frenzy

BEIJING, China – The largest and well-known Chinese acquisition fever will be ending soon with a dramatic finish just like how it got started. After acquiring a record of 246 billion dollars of declared buyouts in 2016, which shook the world, the deal makers of China are...

New Report: PH Can Save P10 Billion/Year in Renewable Energy

MANILA, Philippines – According to the report published yesterday by the Institute for Energy Economics and Financial Analysis (IEEFA) and Institute for Climate and Sustainable Cities, the use of renewable power source can help support the energy needs in the small islands...

Duterte to Speak in World Economic Forum

PHNOM PENH, Cambodia – The Philippine’s economic programs will be heard in the Association of South East Asian Nations’  World Economic Forum (WEF) which begins on May 10 to 12. President Duterte will speak in front of over 620 people on the forum today, which will be conducted...

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