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Asia United Bank nets P1.5 B in 2013

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Screengrab from http://www.aub.com.ph/home

The Rebisco group’s banking arm, Asia United Bank, grew its net profit last year by 4 percent to P1.5 billion on higher loan margins and gains from the sale of foreclosed properties.

Posted: February 19th, 2014 in Latest Business Stories | Read More »

PSEi returns to 6,100 mark on the strength of regional markets

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pse02112014

The local stock barometer climbed back to the 6,100-mark on Tuesday, tracking firmer regional markets ahead of the first testimony of the new US Federal Reserve chief Janet Yellen.

Posted: February 11th, 2014 in Latest Business Stories | Read More »

Taipans see challenging year

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Henry Sy Sr., John Gokongwei Jr. and Andrew Tan. INQUIRER FILE PHOTOS

Expect a rough ride ahead as the Year of the Horse is bound to be a challenging year, believers in Chinese astrology have warned, adding that most people can expect volatile times in their professional and personal lives.

Posted: February 1st, 2014 in Featured Gallery,Headlines,Photos & Videos | Read More »

RWM’s Travellers prices IPO at P11.28 per share

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Travellers International Hotel Group Inc., operator of Resorts World Manila (in photo). INQUIRER FILE PHOTO

Resorts World Manila operator Travellers International Hotel Group Inc. has priced its initial public offering at P11.28 per share, the middle of the indicative range, bringing the size of its stock debut at $473 million.

Posted: October 17th, 2013 in Latest Business Stories | Read More »

BDO completes P5-B fund-raising

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INQUIRER FILE PHOTO

Banco de Oro Unibank has completed a P5-billion fund-raising from the offering of seven-year deposits at a coupon rate of 3.5 percent per annum.

Posted: September 2nd, 2013 in Latest Business Stories | Read More »

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