SMC to buy back $400-M debt notes
March 20, 2015 - 12:00am
Food-to-infrastructure conglomerate San Miguel Corp. (SMC) is planning to buy back from lenders half of the $800-million debt notes issued in 2013.
Business
Bankers appeal for BSP to accept damaged notes
By
Carlo S. Lorenciana
| March 14, 2015 - 12:00am
The Cebu Bankers Club has appealed to the Bangko Sentral ng Pilipinas for the latter to consider accepting banknotes with no security thread from the banks until end of this month.
Freeman Cebu Business
Reuseable Notebook: Integrated with cloud and erasable by microwave
By
Alixandra Caole Vila
| March 12, 2015 - 2:33pm
Rocketbook seems like a normal pen and paper at first look, but with a heat-sensitive ink and a mobile app, this notebook...
Gadgets
No service fees for deposits, withdrawals of old bank notes
By
Kathleen Martin
| February 16, 2015 - 12:00am
No service fees will be collected from banks depositing and withdrawing old bank notes until the end of 2016, the Bangko Sentral ng Pilipinas said in a memorandum issued last week.
Business
Century Properties eyes $150M from dollar notes
January 31, 2015 - 12:00am
Property developer Century Properties Group Inc. plans to raise $150 million in fresh funds through the sale of dollar-denominated notes.
Business
ICTSI to issue new notes
By
Lawrence Agcaoili
| January 28, 2015 - 12:00am
Port giant International Container Terminal Services Inc. (ICTSI) is set to issue about $117-million debt papers as part of the company’s $1-billion medium term note program to better manage its liabiliti...
Business
Bangko Sentral to start decommissioning old bills
By
Kathleen Martin
| December 30, 2014 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) will start withdrawing old bank notes from circulation – some dating back to 1985...
Headlines
BSP has backlog in production of peso bills – COA
By
Michael Punongbayan
| September 13, 2014 - 12:00am
The Bangko Sentral ng Pilipnas (BSP) has a P448.3 billion backlog in its production of Philippine peso notes and coins in various denominations as of Dec. 31 last year, according to the Commission on Audit.
Business
Vista Land raises $125-M fresh capital
September 5, 2014 - 12:00am
Property firm Vista Land & Lifescapes Inc. has raised $125 million in fresh capital from the additional issuance of dollar-denominated notes by subsidiary VLL International Inc. (VLLI).
Business
RCBC issues P3-B notes for Tier 2 capital
By
Ted P. Torres
| August 27, 2014 - 12:00am
Rizal Commercial Banking Corp. (RCBC) is offering P3-billion worth of unsecured subordinated notes eligible for Tier 2 capital at an interest rate of 5.375 percent, with the offer period from Aug. 26 to Sept. 1 this...
Business
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