Author Archives: LawrenceAaron_DeLeon

Market Daily for Monday, 7 April 2014

April 7, 2014 HIGHLIGHTS: March headline inflation rate slows to 3.9% from 4.1% in February MEG to spend PhP5bn for 10-office towers in Iloilo Business Park BEL records 2013 net income of PhP3.6bn on lease payments FPH 2013 net income … Continue reading

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Market Daily for Friday, 4 April 2014

April 4, 2014 HIGHLIGHTS: Asian tourism to expand by 15% annually in next decade COSCO to develop community malls thru 2016 BHI sees drop in income after Boracy resort invasion MPI’s toll unit to increase investments abroad GMA7, ABS claim … Continue reading

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Market Daily for Wednesday, 2 April 2014

April 2, 2014 HIGHLIGHTS: ADB forecasts Phil GDP growth of 6.4% in 2014, 6.7% in 2015 CPG files case against Okada group for termination issue PGOLD to target 20% revenue growth in 2014 on expansion VMC could be a First … Continue reading

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Market Daily for Tuesday, 1 April 2014

April 1, 2014 HIGHLIGHTS: Domestic liquidity growth slows in February to 36.4% Unibank and commercial bank loans accelerated to 19.4% in February GTCAP 2013 net income climbs 31% to PhP8.6bn on consolidation CPG contests Okada groups notice of termination of … Continue reading

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Market Daily for Monday, 31 March 2014

March 31, 2014 HIGHLIGHTS: 1Q14 consumer confidence improves; savings increase MARC 2013 net income jumps almost nine-fold on production, savings ROCK 2013 net income grows 25% to PhP1.4bn on revenues SMPH to raise capital from debt market ALI to finalize … Continue reading

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Market Daily for Friday, 28 March 2014

March 28, 2013 HIGHLIGHTS: The Monetary Board kept policy rates unchanged but hikes reserve requirements SMC 2013 net income rises 42% to PhP38.1bn on one-time gain JGS 2013 net income climbs 22% to PhP13.4bn on income contributions CPG and Okada … Continue reading

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Market Daily for Thursday, 27 March 2014

March 27, 2014 HIGHLIGHTS: IMF increases GDP forecast for Philippines this year Philippine imports surges in January on domestic demand PF reports flat 2013 net income growth BDO acquires Citibank Savings, a thrift unit of Citibank ALI to invest PhP6.8bn … Continue reading

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COMPANY UPDATE: TRAVELLERS INTERNATIONAL HOTEL (RWM)

RWM 2013 Results COMPANY UPDATE: TRAVELLERS INTERNATIONAL HOTEL (RWM) 2013 Net income drops 60% to PhP2.7bn on weaker VIP win rates and forex losses; Drop volumes remain strong, holds operational advantage relative to newer rivals going into 2014. HOLD.  

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Market Daily for Thursday, 20 March 2014

March 20, 2014 HIGHLIGHTS: Philippines BOP posts a US$345m surplus in February from January deficit Motor vehicle sales jump 17% in February on strong demand MEG to develop Davao Park District township MPI 2013 core net income up 10% to … Continue reading

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Market Daily for Wednesday, 19 March 2014

March 19, 2014 HIGHLIGHTS: Remittances in January slows to US$2.0bn on seasonality NEDA says govt to spend PhP4.2 trillion on projects thru 2016 RRHI 2013 net income surges more than 120% to PhP3.0bn BHI to get initial PhP1.3bn payment for … Continue reading

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