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Tag: Philippines

Posted on September 4, 2022

GMR to divest stake in Philippines’ Cebu airport, to get Rs 1,330-cr upfront payment

Under the agreement, GMCAC will issue primary shares and there will be a transfer of secondary shares from GAIBV and MCC to AIC amounting to PHP 9.5 billion. This will result in AIC owning almost a 33 …

( read original story …)



Posted on September 4, 2022

Building Resilience in the Philippines Through Sustainable Livelihoods and Psychosocial Support

Elvie Gallo no longer hangs around her local grocery store, hoping for an odd job. Her hand-to-mouth life has been replaced by a viable chicken business.

( read original story …)



Posted on September 3, 2022

‘Concert King of the Philippines’ to hold benefit concert in the Upstate

Martin Nievera earned the nickname “Concert King of the Philippines” for his performances that attracted thousands of concertgoers …

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Posted on September 3, 2022

Templeton HS athlete and baseball hero perished in Philippines

Lendo, who helped lead Templeton High to the 1936 state baseball title, survived the incident. However, he died a hero 10 months later in an air fight in Luzon, the Philippines. More: Veteran’s plane …

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Posted on September 3, 2022

GMR to sell Philippines airport stake for Rs 1,330 crore

The GMR Group will divest its entire 40% stake in Philippines’ Mactan Cebu international airport for an upfront payment of Rs 1,330 crore and earnouts that will be received for over four years during …

( read original story …)



Posted on September 2, 2022

GMR Group To Divest Stake In Philippines’ Cebu Airport; To Receive Rs 1,330 Crore Upfront Payment

The airport is being operated by GMR-Megawide Cebu Airport Corporation (GMCAC) and GMR Airports International BV (GAIBV) holds a 40 per cent stake in the venture …

( read original story …)



Posted on September 2, 2022

Emerging markets – Philippines’ peso on track for fifth weekly loss as most Asian stocks, currencies dip ahead of key US jobs data

Most Asian emerging stocks and currencies were set for a weekly drop, with the Philippine peso hitting a record low and Taiwan’s benchmark index leading losses on Friday, as investors maintained a …

( read original story …)



Posted on September 2, 2022

Emerging markets – Philippines’ peso on track for fifth weekly loss as most Asian stocks, currencies dip ahead of key US jobs data

Most Asian emerging stocks and currencies were set for a weekly drop, with the Philippine peso hitting a record low and Taiwan’s benchmark index leading losses on Friday, as investors maintained a …

( read original story …)



Posted on September 2, 2022

Positive Change in the Philippines Pushes Financial Inclusion Forward

Digital lending, savings deposits and mobile money are set to be the most promising FinTech sectors in the Philippines going forward, according to analysts from Robocash Group. The Global Findex …

( read original story …)



Posted on September 2, 2022

Emerging markets – Philippines’ peso on track for fifth weekly loss as most Asian stocks, currencies dip ahead of key US jobs data

Most Asian emerging stocks and currencies were set for a weekly drop, with the Philippine peso hitting a record low and Taiwan’s benchmark index leading losses on Friday, as investors maintained a …

( read original story …)



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