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FMIC net income slumps to P1.87B

Investment house First Metro Investment Corp. posted a nine-month net profit of P1.87 billion, beating its internal target although this was just about a fourth of the profit posted in the same period last year in the absence of extraordinary trading gains this year.

Posted: November 13th, 2014 in Headlines | Read More »

Biz Buzz: Live-work-play … love

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The “live-work-play” township is an often-mouthed master-planning model in the local property scene. But real estate developer Profriends Group Inc.—whose flagship project is the Lancaster New City in Cavite—is adding a new twist to this blueprint.

Posted: October 6th, 2014 in Columnists,Editor's Pick,Inquirer Columns | Read More »

Amicus Holdings eyes P7.7B from IPO

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SCREENGRAB from www.amicusholdings.com.ph

Amicus Holdings Inc., the holding entity of realty firm Property Company of Friends Inc. (Pro-Friends), is targeting to raise P7.7 billion in fresh funds from its planned initial public offering (IPO).

Posted: August 26th, 2014 in Latest Business Stories | Read More »

Metrobank unit plans consumer-based fund

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Local investment bank First Metro Investment Corp. is considering the dual listing of its pioneering First Metro Philippine Equity Exchange Traded Fund Inc. (FMETF) on the Singapore Exchange (SGX) next year.

Posted: July 5th, 2014 in Headlines | Read More »

Economy seen growing by 7.5-8% this year

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The Philippine economy is seen to expand by 7.5 to 8 percent this year, driven largely by the expected increase in the government’s infrastructure spending and continued robust consumption, according to the Metrobank-led First Metro Investment Corp. (FMIC).

Posted: February 26th, 2014 in Editor's Pick,Headlines | Read More »

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