By Rienzie P Biolena, RFP
Today, companies have a very broad access to capital for their financial needs—they can issue equities or bonds. This, in turn, provides investors with an outlet for their funds. As … Read more…
Tan banks incomes surge
LUCIO C. TAN-led banks Philippine National Bank (PNB) and Allied Banking Corp. saw their bottom lines dramatically improve in the first quarter as a result of hefty gains from securities trading.
Syndicated from BusinessWorld Online: Banking … Read more…
T-bond, peso to sustain hit from EU woes
FIFTEEN-YEAR bonds are expected to fetch a higher rate at the auction tomorrow amid weak demand from investors and risk aversion stemming from uncertainties in the euro zone.
Syndicated from BusinessWorld Online: Banking
Guide for Greece in exiting the euro single currency zone
MADRID — Once a taboo, Greeces exit from the euro zone is now regarded as a realistic option that will require deft handling to avoid bank runs and economic calamity.
Syndicated from BusinessWorld Online: Banking
Robinsons Land continues budget hotel chain expansion
TACLOBAN CITY — Robinsons Land Corp. (RLC) opened here last week a budget hotel, its fourth in the planned chain of GoHotels.ph facilities.
Syndicated from BusinessWorld Online: Corporate News
Dubai investor readies new oil refinery
AFTER EARLIER hinting that foreign oil firms were keen to set up refineries in the country, the Energy department confirmed that an agreement has been signed for a regional refinery hub.
Syndicated from BusinessWorld Online: Corporate … Read more…
AirAsia firms up Macau, Hong Kong plan
AIRASIA, Inc., the operator of budget carrier AirAsia Philippines, is poised to bag more seat entitlements for Macau and Hong Kong ahead of plans to mount flights to the two countries, documents from Civil Aeronautics … Read more…
ING Begins Taking Bids for $7 Billion Asia Unit
Syndicated from CNBC Asia Top News and Analysis
China Biggest Perpetrator of Economic Spying: Pentagon
The Pentagon said on Friday it believes China spent up to $180 billion on its military buildup last year, a far higher figure than acknowledged by Beijing, and it accused “Chinese actors” of being the … Read more…
BoP deficit narrows in April
THE COUNTRY saw its balance of payments (BoP) deficit shrink in April from the preceding month, even as it was still a reversal of the surplus recorded the previous year, data the Bangko Sentral ng … Read more…
State offices reminded to withhold income tax
THE BUREAU of Internal Revenue (BIR) has issued guidelines for all government offices, reiterating their responsibility to withhold income tax, in a bid to improve compliance.
Syndicated from BusinessWorld Online: Economy
