Home 2019 August 14

Daily Archives: August 14, 2019 | 12:04 am

BSP sees no immediate hike in ATM fees as moratorium ends

THE CENTRAL BANK chief quelled market speculations of an impending hike in fees for transactions conducted through banks’ automated teller machines (ATMs).

Philippine airlines report mixed Q2 results

LISTED Philippine airlines posted mixed earnings in the second quarter, as Cebu Air, Inc. doubled its earnings while PAL Holdings, Inc. slumped to a bigger loss.
Security Bank

Security Bank looks to raise P5 billion through long-term deposit certificates

SECURITY BANK Corp. is looking to raise P5 billion through the issuance of long-term negotiable certificates of deposit (LTNCD) to manage its liabilities and expand its funding base.

Put another dime in that jukebox musical

THE HOPELESS romantic Tolits grips his cellphone tightly as he takes a video of Aileen singing the Filipino rock band Aegis hit, “Basang-Basa sa Ulan.” During the wet season, the rains pours down on Villa Venecia where the flood has not subsided for weeks — a recurring situation since 2014.

ICTSI earnings jump 14% during second quarter

INTERNATIONAL Container Terminal Services, Inc. (ICTSI) posted a 14% rise in earnings during the second quarter as it recorded a higher throughput across its ports.

LT Group nets P9.2 billion in first 6 months of 2019

LT GROUP, Inc.’s (LTG) attributable profit rose by 3% in the first half of 2019, driven by higher earnings from its tobacco business.

BDO sees steady loan growth

BDO UNIBANK, Inc. expects its loan portfolio to continue to grow by single digits this year, its top official said on Tuesday.

History lesson from author Gina Apostol

DURING SUMMERS in the United States, teacher and historical fiction novelist Gina Apostol busies herself with her next book. Once she has completed her concept and gathered research, she just keeps writing.

Megaworld plans to issue P10 billion worth of shares to existing investors

MEGAWORLD Corp. will be issuing P10.376 billion worth of shares to existing investors, it told the stock exchange Tuesday.

Rediscount loans go up

BANKS CONTINUED to take out loans from the central bank’s rediscount window in July, with the credit going to commercial, production and other transactions.

Art & Culture (08/14/19)

INDEPENDENT BOOKSTORE Kwago and publishing and curatorial platform Comma invited artists Maxine Syjuco, Issay Rodriguez, Nikki Ocean, Erick Calilan, Jem Magbanua, Sasa Cabalquinto, and Ralph Eya for an exhibit and performance called A Curated Shelf: Salamin on Aug. 25, 5 p.m., at Kwago book bar.

How PSEi member stocks performed — August 13, 2019

Here’s a quick glance at how PSEi stocks fared on Tuesday, August 13, 2019.