Property developer Megaworld Corp plans to borrow at least 15 billion pesos ($338.22 million) this year to partially finance its 65 billion pesos programmed capital spending, The Standard reported, citing a company official.
Europe and Japan . Within the EMs, he likes China, India, Philippines selectively but not Mexico . Elsewhere, the EU antitrust investigation ..... 7.64% ] and an up week in Asia [S Korea +2.43% , Philippines -2.23% ]. The equity CEF index [ data to Thursday
selling led by foreign funds and Singapore shares extended losses with investors locking in gains in an overbought market. The Philippines ' key index closed 0.02 percent lower on Friday, the worst performing bourse on the week after it dropped 2.2 percent
MANILA, April 17 (Reuters) - Philippine President Benigno Aquino said on Friday the territorial dispute with China in the South China Sea was of concern for the world because global trade will be hit by China's reclamation.
MANILA, April 17 (Reuters) - An auction in the Philippines for the right to develop a portion of former U.S. military base Clark into a city north of the capital Manila has failed as no bids were submitted, a state agency said on Friday.
markets mostly rose on Thursday as investors shifted their focus to energy shares after a rally in global oil prices, while Philippines ' Bloomberry Resorts Corp jumped after a casino deal in South Korea. The Thai SET index was up 0.9 percent, led by a
MANILA, April 16 (Reuters) - Bloomberry Resorts Corp plans to invest more than $1 billion in an integrated casino complex in South Korea and is in talks with a potential Korean partner for the project, company chairman Enrique Razon said on Thursday.
MANILA, April 16 (Reuters) - Property firms Megaworld Corp and Filinvest Land Inc are interested in developing part of a former U.S. military base into a master-planned city north of Manila, a government official said on Thursday.
April 15 (Reuters) - Most Southeast Asian stock markets edged up on Wednesday, but Philippine shares closed at their lowest level in over two weeks on foreign selling as investors offloaded some risky assets after growth in China slowed to a six-year low in the first quarter. The Philippine stock
MANILA, April 15 (Reuters) - The Philippines is seeking more "substantive" support from its long-time security ally United States on how to counter China's rapid expansion in the South China Sea, the foreign secretary said on Wednesday.