Author Archives: LawrenceAaron_DeLeon

Market Daily for Wednesday, 5 June 2013

Posted on June 5, 2013 by LawrenceAaron_DeLeon

June 5, 2013 HIGHLIGHTS: MPI completes acquisition of De Los Santos Medical Center PERC gets DOE clearance for development of Nabas wind power project Temasek Holdings of Singapore buys 5% stake into MCP Valuation table  

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Market Daily for Tuesday, 4 June 2013

Posted on June 4, 2013 by LawrenceAaron_DeLeon

June 4, 2013 HIGHLIGHTS: Universal and commercial banks’ CAR at 17.3% at end-2012; Tier 1 at 15.2% SMPH and SMDC prices diverge on merger details SCC gets coal contract for Mindoro area NIKL completes processing plant in Surigao with Sumitomo … Continue reading →

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Market Daily for Monday, 3 June 2013

Posted on June 3, 2013 by LawrenceAaron_DeLeon

June 3, 2013 HIGHLIGHTS: Outstanding loans of commercial banks posts slower growth in April Domestic liquidity increases steadily 13.2% in April to PhP5.2trn COSCO completes sale of primary and secondary shares worth PhP16.8bn ROX sees higher income growth from new … Continue reading →

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Market Daily for Thursday, 30 May 2013

Posted on May 30, 2013 by LawrenceAaron_DeLeon

May 30, 2013 HIGHLIGHTS: WB tells PHL to improve tax collection efforts RLC pulls out of partnership talks with Okada’s Universal Entertainment ROCK sees expansion opportunities outside NCR LRI 2012 revenues up on rising demand; to expand capacity Valuation table … Continue reading →

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Market Daily for Wednesday, 29 May 2013

Posted on May 29, 2013 by LawrenceAaron_DeLeon

May 29, 2013 HIGHLIGHTS: Philippine imports in March slid 8.4% y-o-y to US$4.9bn FGEN’s San Lorenzo plant partially shut after transformer accident FOOD expects PhP1.0bn in revenues from its new salmon business ABS ties up with GLO for network sharing … Continue reading →

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Market Daily for Tuesday, 28 May 2013

Posted on May 28, 2013 by LawrenceAaron_DeLeon

May 28, 2013 HIGHLIGHTS: BSP sees May inflation of between 2.2% to 3.1% PAL to invest US$10m for 49% of Cambodia Air ACR 2012 net income grows 11.6% to PhP509m on property sales BSC forms oil well company joint venture … Continue reading →

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Market Daily for Monday, 27 May 2013

Posted on May 27, 2013 by LawrenceAaron_DeLeon

May 27, 2013 HIGHLIGHTS: Overall confidence index rises to record 54.9% in 2Q13 MPI to spend PhP70bn in capex til 2018; focus on tollroads and water utility UBP to issue PhP5.0bn long-term certificates of deposit SMC keen on keeping telecom … Continue reading →

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Market Daily for Thursday, 23 May 2013

Posted on May 23, 2013 by LawrenceAaron_DeLeon

May 23, 2013 HIGHLIGHTS: IMF forecast slower Philippine GDP growth of 6% for 1Q13 GREEN agrees to sell 17.6bn shares to Sunchamp Real Estate Devt PGOLD store expansion ahead of 2015 target ACR to supply 25% of Mindanao’s power by … Continue reading →

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Market Daily for Wednesday, 22 May 2013

Posted on May 22, 2013 by LawrenceAaron_DeLeon

May 22, 2013 HIGHLIGHTS: Philippine tourism may lose 50,000 Taiwan tourists because of row PCOR completes 4-year, 1,000-station expansion push SMC to keep Bank of Commerce if sale falls through PSE to buy SGX and BAP stakes in Phil Dealing … Continue reading →

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Market Daily for Tuesday, 21 May 2013

Posted on May 21, 2013 by LawrenceAaron_DeLeon

May 21, 2013 HIGHLIGHTS: BSP tightens access to SDA, to ease out banks’ trust accounts this year EDC signs venture deal with Canada’s Altrerra for geothermal projects TA 1Q13 net income up 295% y-o-y to PhP165m on trading revenues CPG … Continue reading →

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