Author Archives: LawrenceAaron_DeLeon

Market Daily for Friday, 21 February 2014

February 21, 2014 HIGHLIGHTS: WEF cites Philippines’ govt, reforms, economic recovery BHI resort property under ownership dispute; operations disrupted PXP 2013 net loss shrinks to PhP101m after one-time gain HLCM 2013 net income up 26% to PhP4.5bn; may increase imports … Continue reading

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Market Daily for Thursday, 20 February 2014

February 20, 2014 HIGHLIGHTS: 1. The country’s balance of payments posts a deficit of US$4.5bn in January 2. ALI to build brand new hospitals with Mercado General Hospitals 3. ROX and GTCAP to put up a biomass power plant 4. … Continue reading

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Market Daily for Wednesday, 19 February 2013

February 19, 2014 HIGHLIGHTS: 1. Remittances hit record level in December; up 7.6% to US$25bn in 2013 2. BLOOM may enter Japanese casino market 3. MEG launches new condo tower in Makati CBD 4. COSCO to buy 100% of Office … Continue reading

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Market Daily for Thursday, 13 February 2014

February 13, 2014 HIGHLIGHTS: 1. Foreign tourist arrivals climb 10% in 2013, short of target 2. URC FY1Q14 net income of PhP2.9bn better-than-expected 3. AEV sells its interest in shipping business 4. TA wins contract to sell part of Unified … Continue reading

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Market Daily for Wednesday, 12 February 2014

February 12, 2014 HIGHLIGHTS: December export growth slow to 15.8% from 18.9% in November GLO 2013 core net income up 13% to PhP10.3bn on revenues RFM 2013 net income better than expected, up 18% to PhP805m RCB 2013 net income … Continue reading

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Market Daily for Tuesday, 11 February 2014

February 11, 2014 HIGHLIGHTS: Consumer loans expand 17% to PhP703bn in 3Q13 FDI inflows jump 55% to US$286m in November 2013 AP wins contract to sell portion of Unified Leyte’s geothermal output BLOOM raises PhP11.4bn from note sale ABS sees … Continue reading

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Market Daily for Monday, 10 February 2014

February 10, 2014 HIGHLIGHTS: GIR falls 5.2% to US$78.9bn in January, a 19 month low Metro Manila land values increase in 3Q13 on demand JGS begins PhP15bn long-term bond sale this week NXT drops plan to merge with VuQo ALPHA … Continue reading

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Market Daily for Thursday, 6 February 2014

February 6, 2014 HIGHLIGHTS: January inflation rates ticks higher to 4.2% from 4.1% on food BPI 2013 net income up 15% to PhP18.8bn on interest, non-interest income MEG to increase its office space supply by 19% to 712k sqm in … Continue reading

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Market Daily for Wednesday, 5 February 2014

February 5, 2014 HIGHLIGHTS: BSP hints at tighter regulations on real estate loans Domestic liquidity grows at slower pace in December Outstanding bank loans expands 16% in December on higher demand SECB 2013 net income drops 33% y-o-y to PhP5.0bn … Continue reading

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Market Daily for Wednesday, 29 January 2014

January 29, 2014 HIGHLIGHTS: PEZA investments dipped 11% in 2013 on rule changes BSP says January inflation may have ranged between 3.4% to 4.3% SMPH opens new Megamall fashion wing CPG made PhP24.6bn in reservation sales in 2013, up 15% … Continue reading

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