Manolo Serapio Jr

1 week ago | bloomberg.com | Manolo Serapio Jr |Andreo Calonzo

Gilberto Teodoro (Bloomberg) -- The US will help bolster the Philippines’ arsenal and step up joint military exercises, Manila’s defense chief said, as tensions between Washington and China escalate. The longtime US ally is expecting a sustained $500 million in annual defense funding from Washington through 2029 to boost its military capabilities and deter China’s “aggression” in the region, Philippine Defense Secretary Gilberto Teodoro said in an interview in Manila on Thursday.

1 week ago | news.bloomberglaw.com | Ditas Lopez |Manolo Serapio Jr

The Philippines won’t cut its holdings of US Treasuries despite turmoil in global financial markets triggered by President Donald Trump’s changing tariff actions. “We’re not looking at reducing our reserves. We will diversify our reserves and just the right mix of assets in our reserves,” Bangko Sentral ng Pilipinas Governor Eli Remolona said in an interview with Bloomberg Television’s Annabelle Droulers and David Ingles on Friday.

1 month ago | bloomberg.com | Cliff Venzon |Manolo Serapio Jr

The company behind the Philippines’ top mobile wallet GCash is seeking a lower minimum public float of 10%-15% for its planned initial public offering, a top executive said. “What we are pushing is the fact that given the size of this IPO, 20% may be too high,” Globe Telecom Inc. President and CEO Ernest Cu said on Monday, referring to the Philippines’ minimum public float requirement for IPOs. Cu chairs Globe unit Mynt, the parent of GCash.

1 month ago | ca.finance.yahoo.com | Cliff Venzon |Manolo Serapio Jr

(Bloomberg) -- The company behind the Philippines’ top mobile wallet GCash is seeking a lower minimum public float of 10%-15% for its planned initial public offering, a top executive said. • None How Britain’s Most Bike-Friendly New Town Got Built“What we are pushing is the fact that given the size of this IPO, 20% may be too high,” Globe Telecom Inc.

1 month ago | thestar.com.my | Cliff Venzon |Manolo Serapio Jr

MANILA (Bloomberg): Three years ago, the most powerful political families in the Philippines joined hands to secure the nation’s biggest election victory in four decades. Now they are locked in a feud that threatens to derail one of Asia’s economic growth stars. In dramatic events on Tuesday, Philippine President Ferdinand Marcos Jr.’s government arrested and deported his predecessor Rodrigo Duterte to face the International Criminal Court in The Hague.