Globe Telecom CEO Sees Loans, Stock Trade As Next Source Of Profit


Globe Telecom CEO: “We’re trying to broaden access to loans and lending to a sector that normally would go to the informal one” GLOBE TELECOM — The CEO of Ayala-led telecommunications company sees loans and stock trade as the next source of profit. Globe Telecom President and CEO Ernest L. Cu said that the company … Read more

GCash Partners With PSE, AB Capital To Let Users Invest In Stock Market Through App

GCash PSE AB Capital

GCash partnered with the Philippine Stock Exchange (PSE) and AB Capital GCASH — The Ayala-led fintech company partnered with the Philippine Stock Exchange (PSE) and AB Capital to let app users invest in the stock market through the app. Along with GCash President Martha Sazon and other officials, PSE President Ramon Monzon made the official … Read more

Joey Salceda Expresses Deep Concern Over PSE System Glitch


Albay Representative Joey Salceda expressed deep concern over PSE system glitch. JOEY SALCEDA — The House Committee on Ways and Means chairperson and Albay Representative expressed deep concern about the system glitch which forced the PSE (Philippine Stock Exchange) to cancel trading. While the Philippine Stock Exchange wasn’t a government agency, Salceda said that it … Read more

Globe Telecom Signs Loan Deal With LandBank, BDO


Globe Telecom signed a loan deal with LandBank and BDO. GLOBE TELECOM — The telecommunications company recently signed a loan deal with Land Bank of the Philippines (LandBank) and BDO Unibank, Inc. On Friday, the telco said that it had signed term loan facilities with LandBank and BDO for PHP 5 billion and PHP 10 … Read more

Pepsi-Cola Products Philippines Inc. To Delist From PSE


Pepsi-Cola Products Philippines Inc. announced its plan to delist from PSE Snack and beverage manufacturer Pepsi-Cola Products Philippines Inc. on Wednesday announced its plan to delist from the Philippine Stock Exchange (PSE). This, as Pepsi Philippines stated in a disclosure that its board of directors had authorized the voluntary delisting of its shares that were … Read more

PSE Temporarily Closes Office, Trading Floor Due To This


PSE temporarily closed its office and its trading floor in Taguig due to this. The Philippine Stock Exchange Inc. (PSE) on Wednesday said that the Exchange temporarily closed its headquarters in Taguig City. This, after an employee of the Philippine Stock Exchange had tested positive for coronavirus disease 2019 (COVID-19). With this, the Philippine Stock … Read more

EastWest Bank ‘Not For Sale’, Says Execs

EastWest Bank

EastWest Bank was ‘not for sale’, according to the executives. The executives of EastWest Bank denied the rumors that the said bank was up for acquisition by another bank or up for sale, saying that it’s not true. This, as Josephine Gotianun-Yap, the chief executive officer of Filinvest Development Corp. (FDC), said in a disclosure … Read more

PSE Suspends Trading Starting Today, March 17


PSE on Monday announced the suspension of stock trading starting March 17. The Philippine Stock Exchange (PSE) on Monday officially announced that it will suspend stock trading starting March 17, 2020. This, following the implementation of enhanced community quarantine in Luzon as announced by the Philippine government. The Philippine Stock Exchange, in a post on … Read more