Philippines
Economy
Asia's sovereign spreads have started to grind higher, as reflected by a broad-based widening of the region's 5-Year credit default swap (CDS) markets. We do not view this necessarily...
2010-02-10Finance
Philippine conglomerate San Miguel Corporation (SMC) may buy a controlling stake in broadband operator Bell Telecommunications (BellTel), it is reported. SMC recently acquired an...
2009-12-24Finance
A bidding war for the Philippines' leading energy producer is heating up, underlining both the relative buoyancy of the local economy and of the forecast growth in electricity demand...
2009-11-04Finance
On September 22, Metro Pacific Investments (MPI), the local holding firm of Hong Kong-based First Pacific, raised PHP14.31bn (US$301mn) after completing a secondary listing of 4.77bn...
2009-09-24Finance
Philippine conglomerate San Miguel Corporation (SMC) is continuing its diversification by acquiring a 'significant stake' in the Private Infrastructure Development Corporation (PIDC)...
2009-07-21Finance
March 17 saw Philippine brewing giant San Miguel Brewery (SMBI) raise over US$800mn, in a record bond sale that further underlines CFW's prediction that those companies still boasting...
2009-03-17Finance
Manila Electric (Meralco) has seen its share price quadruple over the last year as investors anticipate a battle for control over the power retailer to ensue. On March 9 companies...
2009-03-11Finance
The Philippine government confirmed on December 6 that the Ashmore Group, a UK based and EM investment fund, would buy its 40% stake in oil refiner Petron for around PHP25.7bn (US$524mn)....
2008-12-09
