Author Archives: LawrenceAaron_DeLeon

Market Daily for Monday, 23 June 2014

Posted on June 23, 2014 by LawrenceAaron_DeLeon

June 23, 2014 HIGHLIGHTS: Philippines debt/GDP ratio dips to 21.5% on economic growth MEG completes 80% acquisition of GERI from AGI CPG to raise up to PhP3.0bn from retail bond sale CEB plans more Middle East routes this year Valuation … Continue reading →

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Market Daily for Friday, 20 June 2014

Posted on June 20, 2014 by LawrenceAaron_DeLeon

June 20, 2014 HIGHLIGHTS: Monetary Board keeps rates unchanged but raises SDA rates BOP surplus in May at US$373m, at US$4.1bn deficit year-to-date MPI to bid for more PPP projects PBB to buy Cavite rural bank AP to acquire power … Continue reading →

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Market Daily for Thursday, 19 June 2014

Posted on June 19, 2014 by LawrenceAaron_DeLeon

June 19, 2014 HIGHLIGHTS: BSP hints at an even higher inflation target for 2014 PX clears final hurdle to operate Padcal mine AP to issue PhP10bn retail bonds to fund expansion MCP to increase City of Dreams Manila investment CEB … Continue reading →

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Market Daily for Wednesday, 18 June 2014

Posted on June 18, 2014 by LawrenceAaron_DeLeon

June 18, 2014 HIGHLIGHTS: NEDA to review five new big-ticket infrastructure projects UK looking for energy investment opportunities in PHL ORE to take in two investors; sell 39% stake EDC secures new loans for Burgos expansion CAL buys meat distributor … Continue reading →

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Market Daily for Tuesday, 17 June 2014

Posted on June 17, 2014 by LawrenceAaron_DeLeon

June 17, 2014 HIGHLIGHTS: Remittance growth falls to 13 month low 5.2% in April CEB to launch long-haul Sydney and Kuwait routes in September DD to put up two malls in Iloilo with local partner MEG will allocate PhP230bn capex … Continue reading →

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Market Daily for Monday, 16 June 2014

Posted on June 16, 2014 by LawrenceAaron_DeLeon

June 16, 2014 HIGHLIGHTS: Overall consumer confidence index improves in April, albeit still negative RWM to spend PhP9bn this year for hotel expansion AC and AEV submits highest bid for CALAX Highway project PGOLD ties up with Lawson of Japan … Continue reading →

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Market Daily for Wednesday, 4 June 2014

Posted on June 4, 2014 by LawrenceAaron_DeLeon

June 4, 2014 HIGHLIGHTS: BCDA to bid out Phase 1 of Clark Green City to investors BEL reorganizes gaming exposure; transfers operations to SINO MCP to put up hotel with Hyatt in City of Dreams Manila CNPF 1Q14 net income … Continue reading →

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Market Daily for Monday, 2 June 2014

Posted on June 2, 2014 by LawrenceAaron_DeLeon

June 2, 2014 HIGHLIGHTS: Domestic liquidity M3 rises 32% to PhP6.9 trillion in April Outstanding loans of banks up 21% in April on property and manufacturing SMPH opens SM City Cauayan in Cagayan Valley AP to construct Pagbilao Unit 3 … Continue reading →

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ECONOMIC UPDATE: 1Q14 GDP Results

Posted on May 30, 2014 by LawrenceAaron_DeLeon

1Q14 National Accounts 1Q14 GDP GROWTH RATE DROPS TO 5.7% ON WEAKER AGRI AND CONSTRUCTION Growth rate is below expectation of 6.4% and slower than 4Q13’s 6.3% and 1Q13’s 7.7%; may recover in 2H14 on increased government and private sector … Continue reading →

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Market Daily for Thursday, 29 May 2014

Posted on May 29, 2014 by LawrenceAaron_DeLeon

May 29, 2014 HIGHLIGHTS: Banks’ NPL ratio in March dips to 2.16% from 2.74% last year DD to acquire foreclosed Skysuites tower from RCBC CPG breaks ground on Century Spire ROCK is raising 2014 capex to PhP10bn AC-MPI consortium only … Continue reading →

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