OFW Bangko Sentral ng Pilipinas

Philippines: OFW Remittances in December Hit Record High

PHILIPPINES - Remittances made by overseas Filipino workers (OFW) reached a new record high in December to US$2.8 billion, representing a 3.6% increase from...
China IPO

China IPO: Regulator Approves 12 New Applications

China IPO NEWS - China's securities regulator has approved initial public offering (IPO) applications of 12 companies, allowing them to raise up to Rmb7...
Cigarette Tax

Philippine Groups Call for Rise in Tobacco Tax

Civil society groups in the Philippines called for significant increase in tobacco tax every year starting 2018 to discourage the Filipino youth from smoking. The...

Cebu Landmasters To Invest US$241 Million in 2017 Expansion

PHILIPPINES - Cebu Landmasters Inc (CLI), the top Cebu-based developer with the second highest market share of residential condominium units in Cebu, is projecting...
Philippine PH GDP Growth

Philippine Growth Outlook Revised Up After Strong Q3

After a better-than-expected gross domestic product (GDP) expansion in the third quarter of this year, the Philippine economy is forecast to post solid growth...
Republic Glass Holdings Corporation

Republic Glass Holdings Acquires 18.7 Million Shares of Science Park Philippines

PHILIPPINES - Philippine-listed Republic Glass Holdings Corporation (RGHC; PSE:REG) has acquired 18,772,500 shares of Science Park of the Philippines (SPPI), a cutting edge developer...
Philippine Stock Exchange

Philippine Stock Exchange: Top 10 Gainers This Week

The Philippine Stock Exchange index (PSEi) closed lower Friday, losing 154.66 points to end the week at 7,553.76. Thirty stocks, however, closed the week...

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