King-King Mines to Begin Operations by 2017
The operations of the King-King copper and gold project is set to begin by 2017. The project is to be developed by the National Development Corp. and its partner, St. Augustine Gold …
Treasury Bill Rates Looked Upon as Steady
Yields on Treasury bills, sometimes called T-bills, are likely to move sideways, as compared to the previously fetched rates on the back of good demand as expected for short-term securities. …
7-Eleven Operator to Ramp Up Expansion in The Philippines
The licensee of the 7-Eleven chain is set to ramp up the store’s expansions throughout the country. The company is on track to reach as much as two thousand stores …
UnionBank Considering Early Shift Towards EMV Technology
The Aboitiz-led Union Bank is looking to secure its cards with EMV, or Europay MasterCard Visa chip technology. The move is set to be ahead of its original schedule, in …
SMB to Sell Php 30 Billion Worth of Shares in March
San Miguel Corp. recently released their indicative timetable of the Php 30 Billion preferred share sale that is set to refinance their existing debt. The offer period will take place …
Airbus Attains $1.85B order From Philippine Airlines
On Wednesday, Airbus has revealed that it has won a deal worth $1.85 billion with Philippine Airlines. The deal entailed a purchase of Airbus’ A350-900s, with Philippine Airlines buying at …
SM to Enter Low-Cost Housing Segment
SM Prime is looking into numerous projects that are within the price range of Php 800,000 to Php 1.5 million. Such projects will also comprise of both mid-rise developments as …
RCBC Net Profit Increases by 15%
The Yuchengco conglomerate’s banking arm booked a Php 5.1 billion unaudited consolidated net income for 2015. It has risen by 15%, compared to the Php 4.4 billion that it was …
Life Insurance Premiums Expand by 25%
There are expectations that the life insurance sector will sustain its growth this year. The premium income is seen to rise by a quarter from the end of the 2015 …
Expansion of BPOs to Drive Real Estate Demand for 2016
According to BDO Capital and Investment Group, the robust demand for commercial real estate properties will continue to register strong growth, which is primarily driven by expanding BPO companies. BDO …