MANILA - Cosco Capital Inc., the investment vehicle of the Lucio Co group of companies, is on the lookout for companies that it can acquire for the group.
MANILA, Philippines - The upswing in foreign direct investments (FDI) last February could be an indication of more to come in the second half of the year, following the country’s promotion to investment-grade status, an investment bank said.
MANILA, Philippines - The power generation arm of GT Capital Holdings Inc. is jumpstarting its partnership with Manila Electric Co. (Meralco) through a P30-billion investment for a coal-fired power plant.
MANILA -- The Management Association of the Philippines said it will ask the incoming 16th Congress to revive debates on easing constitutional restrictions on foreign ownership.
MANILA -- Megaworld Corp. has tapped international design firm Gettys for its high-end residential condominium One Central located in Makati City.
MANLA -- The government is set to prepay $300 million worth of official development assistance (ODA) this year, National Treasurer Rosalia de Leon said.
MANILA -- Rizal Commercial Banking Corp. saw its unaudited consolidated net income jump 16% to P1.77 billion in the first quarter from P1.53 billion last year.
MANILA -- The departments of agriculture and labor have launched a P2-billion loan facility meant to attract overseas working Filipinos (OFWs) to undertake agribusiness ventures.
MANILA -- A stock market analyst said investors were generally satisfied with the conduct of the mid-term elections.
HONG KONG -- Port operator International Container Terminal Services Inc. plans to raise up to $200 million in a share offering in the Philippines for general corporate purposes and capital expenditures, according to a term sheet of the deal seen by Reuters on Tuesday.