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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 »

JG Summit’s retail bonds seen to raise P30B

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Lance Gokongwei, president of JG Summit. AFP FILE PHOTO

Gokongwei-led conglomerate JG Summit Holdings Inc. is raising as much as P30 billion from the issuance of retail bonds to partly fund its investment in Manila Electric Co.

Posted: November 28th, 2013 in Latest Business Stories | Read More »

BTr asked to offer strip bonds in PH market

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The Bureau of the Treasury has been asked to consider the rollout of an innovative new financial instrument that will allow bondholders to trade coupon payments and principal repayments separately.

Posted: November 3rd, 2013 in Headlines | Read More »

PH economy may grow by more than 7%, analysts say

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The country’s economic growth is expected to stay above 7 percent for the fourth consecutive quarter as the Philippines outperforms the rest of Asia amid weak economic conditions.

Posted: September 26th, 2013 in Headlines | Read More »

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