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Latest Philippines Banking News

  • PSE chair, president reelected 17 May 2008 14:16 GMT
    ... chairman of the 15-man board of the Philippine Stock Exchange on Saturday. Vitug, who sits ... former Kimberly-Clark chair Cornelio Peralta, and former banker Jose Luis Javier. ...

  • Thousands Flee as China Lake May Overflow 17 May 2008 11:46 GMT
    ... amid fears a lake had burst its banks, prompting thousands to flee to the hills to ... after the disaster. In Baguio in the Philippines in 1990, a cook was found alive ...

  • China lake bank feared broken, thousands flee 17 May 2008 11:39 GMT
    ... rising waters threatened to burst a lake's banks. Both lakes were formed after landslides blocked river ... after the disaster. In Baguio in the Philippines in 1990, a cook was found alive ...

  • Government officials, private groups offer reward for bank robbers who killed 9 17 May 2008 10:40 GMT
    ... MANILA, Philippines (AP) - Government officials and private groups ... of a branch of the Rizal Commercial Banking Corp. in Cabuyao town, in Laguna province south ...

  • Thousands flee as China lake bank feared broken 17 May 2008 08:46 GMT
    ... amid fears a lake had burst its banks, prompting thousands to flee to the hills to ... after the disaster. In Baguio in the Philippines in 1990, a cook was found alive ...

  • China braces for possible lake bursts 17 May 2008 07:15 GMT
    ... earthquake may be about to burst its banks, state media said on Saturday, as President Hu ... after the disaster. In Baguio in the Philippines in 1990, a cook was found alive ...

  • China braces for possible lake bursts: media 17 May 2008 06:59 GMT
    ... earthquake may be about to burst its banks, state media said on Saturday, as President Hu ... after the disaster. In Baguio in the Philippines in 1990, a cook was found alive ...

  • China warns of possible lake burst after quake 17 May 2008 06:21 GMT
    ... province may be about to burst its banks as President Hu Jintao urged rescuers to race ... after the disaster. In Baguio in the Philippines in 1990, a cook was found alive ...

  • Survivors found five days after China quake 17 May 2008 06:14 GMT
    ... province may be about to burst its banks as President Hu Jintao urged rescuers to race ... after the disaster. In Baguio in the Philippines in 1990, a cook was found alive ...

  • An unusual Orient-ation 17 May 2008 04:41 GMT
    ... building-supply business here. Ethnic Chinese in the Philippines comprise less than 2 per cent of ... inter-marriage brought the local Chinese and the Filipinos closer together. To the Philippines' credit, its ... Ongpin Street. With at least a dozen banks in Quintin Paredes Street alone, Binondo is ...

  • Manufacturing a Food Crisis 17 May 2008 04:39 GMT
    ... to service its debt to international commercial banks. The quid pro quo for a multibillion-dollar ... renegotiated." Creating a Rice Crisis in the Philippines That the global food crisis stems mainly ... Taiwan and South Korea. As in Mexico Filipino peasants were confronted with full-scale retreat of ...

  • Jan-April BoP surplus shrinks to $2.13B 17 May 2008 00:29 GMT
    ... MANILA, PhilippinesThe Philippines recorded a surplus of $499 million ... (BSP), cited sustained money remittances from overseas Filipinos, merchandise exports and the BSPs foreign exchange ... to remit over $1 billion through the banking system every month. As a result, the ...

  • AllianceBernstein Income Fund Releases Monthly Portfolio Update 16 May 2008 22:34 GMT
    ... Corporate: Financial 2.85% Supranationals 0.90% Metals/Mining 0.86% Banking 0.62% Communications-Mobile 0.59% Cable 0.41% Industrial 0.37% Broadcasting/Media ... Mexico 1.68% Turkey 1.49% United Kingdom 1.21% Philippines 0.88% South Africa 0.80% Indonesia 0.67% Argentina ...

  • ACM Managed Dollar Income Fund Releases Monthly Portfolio Update 16 May 2008 22:34 GMT
    ... 2.21% 5) Brazil 8.88% (10/14/19) 2.11% 6) Philippines 9.88% (01/15/19) 2.00% 7) Hy Total Return ... 2.07% Industrial 1.89% Broadcasting/Media 1.57% Technology 1.35% Banking 1.20% Paper/Packaging 1.12% Public Utilities - Gas 1.08% ...

  • AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update 16 May 2008 22:34 GMT
    ... 1.88% 6) Brazil 12.50% (01/05/22) 1.79% 7) Philippines 9.88% (01/15/19) 1.68% 8) Philippines 8.25% (01/15/14) ... 3.67% Metals/Mining 2.45% Automotive 2.17% Supranationals 2.01% Banking 1.89% Healthcare 1.76% Public Utilities - Elec & ...

  • RCBC statement on Laguna shooting 16 May 2008 21:46 GMT
    ... MANILA, Philippines--The following is a statement from Rizal Commercial Banking Corp. president and CEO Lorenzo V. Tan: We, the members of the Yuchengco Group of ...

  • 9 shot dead in the head 16 May 2008 21:46 GMT
    ... Fridayat the one-story branch of Rizal Commercial Banking Corp. (RCBC) in this town of industrial parks. ... Jr., the Laguna police director, told the Philippine Dailiy Inquirer. Marketing manager Isagani Pastor was ...

  • Hypocrisy in Financial Crisis Response: East Asia 1998 versus the USA 2008 16 May 2008 19:56 GMT
    ... home owners and expansionary lending by public mortgage companies are all pursued by an administration ... and the “critical role played by central banks in …providing necessary liquidity”. For those with longer ... the same as for Vietnam and the Philippines combined (population 176.3 million). A key problem ...

  • Upcoming Jatropha "Food vs. Fuel" Webcast to Address Investor Concerns 16 May 2008 19:27 GMT
    ... based projects in Colombia, Ghana and the Philippines. These projects are conducted on marginal, underutilized ... 40 countries. Those at the summit included bankers, plantation owners, entrepreneurs, scientists, government officials, venture ...

  • Street Tips: Inspire Receives Milestone Payment for Completion of Phase 3 Testing in Japan for Dry Eye Program 16 May 2008 19:25 GMT
    ... eye, in Japan, China, South Korea, the Philippines, Thailand, Vietnam, Taiwan, Singapore, Malaysia and Indonesia. ... licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a ...

  • Asia Round Up - Forecast Beating Japanese GDP Growth 16 May 2008 16:53 GMT
    ... in both electronic and non-electronic NORX. In Philippines, the central bank said non-performing loans ratio ... non-performing loans ratio of universal and commercial banks stood at 4.7%, up 0.03 percentage point month-on-month. ...

  • ASIAN MARKETS - ASIAN SHARES CLOSE BROADLY HIGHER - May 16, 2008 16 May 2008 13:32 GMT
    ... gains from bluechips in the energy and banking sectors, traders said. The Stock Exchange of Thailand ... points to end the week at 870.33. Philippine shares closed little changed after investors pocketed ...

  • China Marine Food Group Limited Announces First Quarter 2008 Financial Results 16 May 2008 13:32 GMT
    ... booked sales to direct export markets,Japan andthe Philippines, totaling for the first quarter of 2008. ... & feng.peng@hcinternational.net Web: Tags: Tags: Food, Beverages, Banking and Finance, China Marine Food Group Limited Announces ...

  • Philippine Feb. Non-Performing Loans Ratio Rises Slightly 16 May 2008 12:37 GMT
    ... Philippine Feb. Non-Performing Loans Ratio Rises Slightly (RTTNews) ... non-performing loans ratio of universal and commercial banks stood at 4.7%, up 0.03 percentage point month-on-month, ...

  • Nine shot dead in raid on bank 16 May 2008 12:31 GMT
    ... the bloodiest bank robberies ever in the Philippines. The victims were found sprawled on the ... of a branch of the Rizal Commercial Banking Corp. in Cabuyao, south of Manila, after the ...


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