Author Archives: LawrenceAaron_DeLeon

Market Daily for Tuesday, 14 January 2014

Posted on January 14, 2014 by LawrenceAaron_DeLeon

January 14, 2014 HIGHLIGHTS: 1. Merchandise exports grows 19% y-o-y in November 2. NIKL reports record nickel shipments in 2013 3. FDC launches 10-yr, Php10bn bond for expansion 4. MPI unit buys out French partner in tollway business 5. MG … Continue reading →

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COMPANY UPDATE: CEBU AIR, INC. (CEB)

Posted on January 10, 2014 by LawrenceAaron_DeLeon

CEB-TIGERAIR 2014 CEBU AIR, INC. (CEB) Gokongwei-led low cost carrier to buy 100% of rival Tigerair Philippines for US$15m (including 40% stake of Tiger Airways); acquisition to form strategic alliance as CEB gains market share and important landing slots at … Continue reading →

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Market Daily for Thursday, 9 January 2014

Posted on January 9, 2014 by LawrenceAaron_DeLeon

January 9, 2014 HIGHLIGHTS: Nat’l Govt posts PhP1.0bn surplus in November; YTD deficit of PhP111bn is below PhP173.2bn cap GIR in December of US$83.7bn little changed CEB confirms acquisition of Tigerair Phils unit NI subsidiary to sell partial stake in … Continue reading →

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ECONOMIC UPDATE: December 2013 Inflation

Posted on January 8, 2014 by LawrenceAaron_DeLeon

Inflation December 2013 DECEMBER 2013 INFLATION JUMPS TO 4.1% FROM 3.3% ON FOOD, POWER Increase in food prices partly caused by natural calamities and seasonal demand; 2013 average of 3.0% is still within target  

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Market Daily for Tuesday, 7 January 2014

Posted on January 7, 2014 by LawrenceAaron_DeLeon

January 7, 2014 HIGHLIGHTS: T-bill rate averages surge on first auction of 2014; 182-day bills rejected DOTC to bid out two major rail projects this year ABS gets top ratings ahead of its PhP10bn note sale TEL receives “AAA” rating … Continue reading →

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Market Daily for Monday, 6 January 2014

Posted on January 6, 2014 by LawrenceAaron_DeLeon

January 6, 2013 HIGHLIGHTS: BSP forecasts healthy growth of BPO and tourism sectors in 2014 SMC unit cleared to collect toll fees at partially open TPLEX PXP gets formal DOE contract for SC 75 award JFC expects 12% 2014 systemwide … Continue reading →

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Market Daily for Tuesday, 10 December 2013

Posted on December 10, 2013 by LawrenceAaron_DeLeon

December 10, 2013 HIGHLIGHTS: 1. World Bank trims Philippines growth forecast for 2013 and 2014 2. AC-MPI consortium ahead in bagging Automated Fare Collection project 3. AC to spend PhP135bn in capex in 2014 4. BDO bags Bank of the … Continue reading →

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Market Daily for Monday, 9 December 2013

Posted on December 9, 2013 by LawrenceAaron_DeLeon

December 9, 2013 HIGHLIGHTS: 1. PHL Gross international reserves at US$84.0bn at end-November, up slightly 2. Dept of Tourism likely to miss 2013 full-year tourist arrivals due to calamities 3. TEL to raise PhP15.0bn in early 2014 for capex 4. … Continue reading →

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Market Daily for Wednesday, 4 December 2013

Posted on December 4, 2013 by LawrenceAaron_DeLeon

December 4, 2013 HIGHLIGHTS: Big-ticket infrastructure projects to be accelerated, says President Aquino TA to buy 10% interest in Mabini Geothermal from BSC RLC signs up Vanguard Hotels and Roxaco as Go Hotels partners EDC’s Unified Leyte plant to gradually … Continue reading →

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Market Daily for Tuesday, 3 December 2013

Posted on December 3, 2013 by LawrenceAaron_DeLeon

December 3, 2013 HIGHLIGHTS: 1. Banks’ non-performing loans improve to 2.6% in September 2. CAL acquires controlling stake in Galicia Group 3. MPI toll unit to raise PhP7bn next year to finance projects 4. MAKE confirms backdoor listing plans by … Continue reading →

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