Tags Posts tagged with "Philippine Stock Exchange"

Philippine Stock Exchange

Stocks, peso drop as foreign investors start worrying about Duterte’s course

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Thousands of extrajudicial killings of alleged drug dealers and users, a "state of lawlessness" declaration and a spreading climate of fear is starting to...
Foreign investors keep dumping Philippine stocks

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Philippine stocks, once favoured by emerging-market investors, were under heavy selling pressure siege from April to June, Reuters data shows. Net foreign selling in...
Singapore state fund buys into Philippines’ Metro Pacific

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Singapore's sovereign wealth fund GIC has partnered with Manila-based Metro Pacific Investments Corp. (MPIC) to acquire a minority stake in MPIC's hospital business, according...
Philippines’ Century Pacific Food ready for IPO

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Century Pacific Food Inc, the Philippines’ largest canned goods producer, is set to debut in the local bourse this week after completing a 3.2-billion-pesos...
Singapore state fund invests in Philippine tuna canner

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Singapore’s sovereign wealth fund GIC has invested in Century Canning Corp ahead of the listing of the latter’s subsidiary, the Filipino tuna canner Century...
Hot money returns to Southeast Asia

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The tide of hot money is turning in favour of Thailand, Indonesia and the Philippines, Bloomberg reported. Overseas investors have bought a net $1.6...
Cambodia Air deal being finalised

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Philippine Airlines (PAL) announced on February 12 that a deal with the Royal Group of Cambodia (RGC) to form Cambodia Airlines Co. Ltd was...
Philippine stocks in huge plunge

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The benchmark Philippine Stock Exchange Index has plunged 21 per cent since its peak in May 2013 as international investors pulled a net $955...
Push for Islamic finance in ASEAN to lure Gulf investors

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There have been moves recently to strengthen Islamic finance in the Association of Southeast Asian Nations, or ASEAN, which were spearheaded by the country...
Philippine exchange to approve Shariah-compliant firms

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The Philippine Stock Exchange (PSE) in December 2013 will designate its first Shariah-compliant companies, in a bid to keep Muslim savers' money in the...
Philippines’ Robinsons Retail poised for record IPO

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Philippine Robinsons Retail Holdings Inc is set to raise $650 million in a record initial public offering (IPO) in the Philippines, Reuters reported on...
Philippines eases foreign exchange rules

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The Philippines eased foreign-exchange rules to allow overseas companies based in the country to convert earnings  from local share offerings into dollars, a move...
Berjaya Philippines closes US luxury car dealer takeover

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Listed Berjaya Philippines Inc., a unit of Malaysia-based Berjaya Corporation Berhad, on October 14 said that it has acquired nearly 70 per cent of...
Philippine firm aims to take over UK luxury car dealer

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Berjaya Philippines, the sole distributor of Mazda cars, parts and accessories in the Philippines, is trying to buy a controlling stake in 81-year-old British...
Stock exchanges CEOs draft ASEAN asset class

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At the 19th ASEAN Exchanges CEOs meeting held in Manila on August 16, presidents of ASEAN stock exchanges discuss strategies to further promote ASEAN...
Floods shut down public life, stock market in Manila

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Heavy floods caused by tropical storm Trami that hit the Philippine capital of Manila on August 19 led to a closure of schools, government...
PSEi: Time to buy or bail out?

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Perhaps unnoticed by most pundits, the Philippine Stock Exchange Index (PSEi) suffered one of its worst weekly bloodbaths right after Rolls-Royce celebrated the opening...
Philippines in gleeful anticipation of $2.5b from gaming

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The Philippines gaming industry is expected to generate revenue of about $2.5 billion by the end of 2013, the state-owned gaming monopoly Philippine Amusement...