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                    [Title] => UBS hikes Phl growth forecast to 6.3%
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Global investment bank UBS has upgraded its economic growth forecast for the Philippines this year from 4.5 percent to 6.3 percent, and from 4.9 percent to 5.6 percent for 2014.

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                    [Title] => ALI completes P12.2-B top up placement
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                    [Title] => Puregold raises P6.5B from overnight placement
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                    [Title] => Emerging marts seen to contribute more to global economy
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INVESTMENT BANK

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                    [Title] => SMC shares slump 28% as trading resumes
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abtest

Credit Suisse bares key appointment

October 27, 2014 - 12:00am

Credit Suisse announced that Helman Sitohang has been appointed CEO Asia Pacific, in addition to his existing role as head of the Investment Bank for Asia Pacific. He replaces Eric Varvel, who will become chairman...

Business

UBS hikes Phl growth forecast to 6.3%

By Ted P. Torres | May 17, 2013 - 12:00am

Global investment bank UBS has upgraded its economic growth forecast for the Philippines this year from 4.5 percent to 6.3 percent, and from 4.9 percent to 5.6 percent for 2014.

Business

ALI completes P12.2-B top up placement

By Neil Jerome C. Morales | March 8, 2013 - 12:00am

Property giant Ayala Land Inc. (ALI) has tapped the equities market, generating P12.2 billion in fresh funding for its real estate developments.

Business

Puregold raises P6.5B from overnight placement

By Zinnia B. Dela Peña | July 14, 2012 - 12:00am

Puregold Price Club Inc. , the country’s second largest grocery retailer, raised P6.5 billion from an overnight placement of shares, resulting in the increase of its public float to 32 percent.

Business

UBS favors China, Phl debt markets

By Ted P. Torres | May 29, 2012 - 12:00am

UBS Investment Bank is poised to take advantage of the active debt markets of China, the Philippines and the rest of Southeast Asia.

Banking

SMC sells 60% of bank unit to CIMB

By Ted P. Torres | May 9, 2012 - 12:00am

San Miguel Corp. (SMC) has signed a deal selling 60 percent of its unlisted banking unit Bank of Commerce to Malaysia’s second-largest lender CIMB Group for more than $280 million, SMC’s top executive...

Business

Emerging marts seen to contribute more to global economy

By Neil Jerome C. Morales | May 3, 2012 - 12:00am

Asia, including emerging markets like the Philippines, is expected to contribute more to the global economy in the coming years amid sound fundamentals, a top central banker said.

Business

Bancommerce, CIMB near deal

By Ted P. Torres | February 21, 2012 - 12:00am

The CIMB Group and the San Miguel Group is scheduled to sign the share swap agreement on or before the end of February.

Banking

Panel seeks solutions to U.S. job problem

June 21, 2011 - 2:24pm

  A panel of U.S. businessmen, politicians and academics discussed ways to create more jobs here Monday, as the country's rising unemployment added to the urgency of the issue.

SMC shares slump 28% as trading resumes

By Zinnia B. Dela Peña | May 6, 2011 - 12:00am

Stocks of San Miguel Corp. (SMC) fell 28 percent upon resumption of trading yesterday following a three-week halt that was precipitated by the conglomerate’s $900-million share and bond sale, the largest equity...

Business