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[Title] => US fund manager pulls out of RCBC
[Summary] => Spinnaker Capital Group is pulling out its investments in the Yuchengco-led Rizal Commercial Banking Corp. (RCBC) worth about P2.25 billion, equivalent to over 148 million shares.
[DatePublished] => 2009-03-18 00:00:00
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[AuthorName] => Ted P. Torres
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SPINNAKER GLOBAL OPPORTUNITY FUND LTD
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[Title] => US fund manager pulls out of RCBC
[Summary] => Spinnaker Capital Group is pulling out its investments in the Yuchengco-led Rizal Commercial Banking Corp. (RCBC) worth about P2.25 billion, equivalent to over 148 million shares.
[DatePublished] => 2009-03-18 00:00:00
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abtest
By Ted P. Torres | March 18, 2009 - 12:00am
Recommended
We often talk about poverty in the Philippines through statistics, inflation rates and growth targets.
1 day ago
Investors have gone on a selling spree over worries that the Philippine economy would struggle to post respectable growth in the third quarter due to currency and inflation risks.
2 days ago
Despite inflation concerns and the weakening of the peso, President Marcos described the Philippines as “more than steady.”
4 days ago
Inflation could reach 6.6 percent next year if Dubai crude oil prices stay at $100 per barrel, with further increases in energy costs threatening to prolong price pressures even as economic growth weakens, according to the Bangko Sentral ng Pilipinas.
4 days ago
Further tightening remains likely this year, while faster disinflation could open the door to BSP easing in 2027.
4 days ago
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