Philippines

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

The largest lender in the Philippines, Metropolitan Bank & Trust (Metrobank), has become the latest big-name to enter the race for the overseas assets of the beleaguered US giant... 2008-10-28

The announcement on May 6 by Philippine Long Distance Telephone Co. PLDT) that it has postponed the planned listing of its outsourcing unit SPi Global Solutions underscores the negative... 2008-05-07

Hong Kong's so-called superman, Li Ka-shing, has extended his reach to New Zealand via his company Cheung Kong Infrastructure Holdings (CKI). CKI bid NZD785mn (US$614mn) for Wellington's... 2008-05-02

Citing weak equity markets, San Miguel, the Philippine's largest food and drink maker, has cut for the second time the pricing for its San Miguel Brewery IPO. The IPO will be launched... 2008-04-18

Citing weak equity markets, San Miguel, the Philippine's largest food and drink maker, has cut for the second time the pricing for its San Miguel Brewery IPO. The IPO will be launched... 2008-04-18