China Banking Corporation has successfully raised P20 billion via the issuance of three-year fixed-rate bonds, the first from a financial institution in the country this year. In a disclosure to the Philippine Stock Exchange, the bank said the issuance is four times the original offer of P5...
The United States under President Joe Biden has reaffirmed its commitment to its alliance with the Philippines amid the new China law that allows its Coast Guard to attack foreign vessels that would ‘intrude’ in the South China Sea. (AFP / FILE PHOTO / MANILA BULLETIN) This comes as two US...
Seven members of the SM Group of Companies, led by flagship SM Investments Corporation (SMIC), clinched 10 awards for their high scores in the recently concluded 2019 ASEAN Corporate Governance Scorecard (ACGS) assessments. For the 2019 ACGS Assessment, three award categories were recognized:...
China Banking Corporation (China Bank) was again one of the top winners in the Philippines at the ASEAN Corporate Governance Scorecard (ACGS) Awards of the ASEAN Capital Markets Forum (ACMF) for the 2019 assessment year. The ACGS Awards is organized by the Securities and Exchange Commission...
A pending legislative measure is seeking to refocus the investment mandate of state-run Philippine National Oil Company (PNOC) into exploration and production (E&P) ventures in the oil and gas sector, and for it to transform itself as a global champion in that industry similar to the...
Bank of China Manila said it will increase its loan portfolio by more than 20 percent this year as well as hire more workers to support its growth in the country as it anticipates more Chinese firms investing and expanding operations here, especially with the implementation of the Regional...
Delays to a long-planned mission by WHO experts to China to investigate the origins of the Covid-19 pandemic are "not just a visa issue", Beijing said Wednesday. A woman uses her mobile phone along the banks of the Yangtze River on New Year's Eve day in Wuhan in ChinaÂ’s central Hubei province...
China Bank Capital, a unit of China Banking Corporation, reported that it grabbed a 30.5 percent share of the investment banking transactions this year. In a statement, the firm said it has maintained its position as the number one debt capital markets bookrunner in the Philippines since its...
China Banking Corporation (China Bank) is extending the waiver of InstaPay and PesoNet fees until March 31, 2021 while its branches will continue to serve the public during the holidays. In a statement, the bank said transferring funds to other bank accounts remains free for another three months as...
It’s every parent’s dream that their children end up taller than them. But what if they go over the expectations? Such is the case of 14-year-old Ren Keyu (nickname name Xiaoyu), who hails from Sichuan Province, China and has received the Guinness World Records (GWR) title for the tallest male...
After 8 years of negotiations, trade ministers from 15 countries are set to sign tomorrow, Nov. 15, the China-backed Regional Comprehensive Economic Partnership (RCEP), creating the world’s biggest free trade area (FTA) agreement. “The RCEP has finally been concluded and finalized by all trade...
Global Ferronickel Holdings, Inc. (FNI), through its operating arm in Surigao del Norte Platinum Group Metals Corporation (PGMC), committed to ship as much as 1.3 million wet metric tons (WMT) of nickel ore to Baosteel Resources International Co. Ltd next year. In a regulatory filing to the...
