Author Archives: LawrenceAaron_DeLeon

Market Daily for Tuesday, 28 January 2014

January 28, 2014 HIGHLIGHTS: ICT unit takes in new partner in Nigeria port operation RRHI acquires Jaynith grocery operator ALI and Aboitiz Land to develop mix-used community in Cebu MCP to open first Nobu Hotel in Asia at City of … Continue reading

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Market Daily for Monday, 27 January 2014

January 27, 2014 HIGHLIGHTS: November imports up 0.5% y-o-y; trade deficit shrinks GMA7 quiet on rumors of minority buy-in by SMC ICT expands African portfolio with port in DR Congo FDC confident of bagging Mactan Airport project by default Valuation … Continue reading

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Market Daily for Friday, 24 January 2014

January 24, 2014 HIGHLIGHTS: Philippine property industry to continue strong growth in 2014 FDC raises PhP8.8bn thru sale of long-term bonds DMC starts PhP1.3bn rehab of NAIA Terminal 1 TEL to sell PhP10bn worth of SEC-registered Peso retail bonds Valuation … Continue reading

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Market Daily for Thursday, 23 January 2014

January 23, 2014 HIGHLIGHTS: IMF lifts 2014 forecast growth for Philippines Peso may weaken to PhP46 to US$1 on capital outflows AC and MPI consortium may bag automated ticket project SMC to start Skyway Stage 3 project 2Q14 STI begins … Continue reading

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Market Daily for Wednesday, 22 January 2014

January 22, 2014 HIGHLIGHTS: TA keeps stake in SC 55 as BHP Billiton bails out LTG hikes ownership in PNB to 60% PIP bullish on 2014 growth prospects; prepares to expand ALPHA’s Roberto Ongpin takes controlling stake in developer Valuation … Continue reading

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Market Daily for Tuesday, 21 January 2014

January 21, 2014 HIGHLIGHTS: BLOOM wins 20 day protection to prevent GGAM share transfer BSC gets certificate for geothermal service contract MEG to boost Iloilo city projects JGS gets top ratings for its PhP30bn bond sale CEB increases 2013 passenger … Continue reading

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Market Daily for Monday, 20 January 2014

January 20, 2014 HIGHLIGHTS: Local industry to benefit from less players, says CAPA EDC increases capacity of damaged Malitbog plant PKCH to be bought out by Max’s restaurant at PhP15 per share FLI to buy Philcomcen building in Ortigas CBD … Continue reading

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Market Daily for Friday, 17 January 2014

January 17, 2014 HIGHLIGHTS: Net foreign portfolio investments in 2013 rise 8% y-o-y to US$4.2bn BLOOM contests share sale by former casino manager RFM to buy Royal brand pasta from Unilever NXT to merge with liquor maker VuQo ahead of … Continue reading

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Market Daily for Thursday, 16 January 2014

January 16, 2014 HIGHLIGHTS: Remittances from overseas Filipinos hit new record in Nov. WB trims PHL economic growth rate in 2014 MEG to expand its Mactan Newtown project in Cebu DMPL to raise funds for US acquisitions SMC infra unit … Continue reading

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Market Daily for Wednesday, 15 January 2014

January 15, 2014 HIGHLIGHTS: NPL ratio of universal and commercial banks at 2.56% in October PHL economic freedom ranking improves says US think-tank ICT gives up stake in Cebu port operation RLC 2014 capex increases to PhP16bn SEVN targets 1,000 … Continue reading

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