The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
DOWNLOAD
View all Reports
Metrobank.com.ph Contact Us
Follow us on our platforms.

How may we help you?

TOP SEARCHES
  • Where to put my investments
  • Reports about the pandemic and economy
  • Metrobank
  • Webinars
  • Economy
TRENDING ARTICLES
  • Investing for Beginners: Following your PATH
  • On government debt thresholds: How much is too much?
  • Philippines Stock Market Outlook for 2022
  • No Relief from Deficit Spending Yet

Login

Access Exclusive Content
Login to Wealth Manager
Visit us at metrobank.com.ph Contact Us
Access Exclusive Content Login to Wealth Manager
Search
The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
May 8, 2025 DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
May 8, 2025 DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
May 6, 2025 DOWNLOAD
View all Reports

Archives: Reuters Articles

BRIEF-RFM Corp Says Qtrly Net Income Attributable 332 Million Pesos

May 4 (Reuters) – RFM:

  • QTRLY NET INCOME ATTRIBUTABLE 332 MILLION PESOS VERSUS 320 MILLION PESOS

  • QTRLY GROSS REVENUE 3,901 MILLION PESOS VERSUS 3,338 MILLION PESOS

Source text for Eikon: ID:nPSXc1ZZg6

Further company coverage: RFM.PS

((Reuters.Briefs@thomsonreuters.com;))

BRIEF-Metro Pacific Investments Corp Says Consol Core Net Income Of 3.1 Bln Pesos For First Quarter

May 4 (Reuters) – Metro Pacific Investments Corp MPI.PS:

  • CONSOL CORE NET INCOME OF 3.1 BILLION PESOS FOR FIRST QUARTER OF 2022, UP 23%

Source text for Eikon: ID:nPSX110ddr

Further company coverage: MPI.PS

Philippines raises $667 mln from T-bond auction

MANILA, May 4 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2025 T-bonds on Wednesday:

* BTr fully awards offer worth 35 billion pesos ($667.17 million) against total tenders of 41.492 billion pesos

* Average yield at 4.598% versus previous avg rate of 4.210%

* The bonds were first issued on April 7

* Details on the BTr’s website www.treasury.gov.ph

($1 = 52.46 Philippine pesos)

(Reporting by Enrico Dela Cruz)

((enrico.delacruz@tr.com))

EMERGING MARKETS-Asian currencies edge higher, S.Korean won and Philippine peso lead gains

May 4 (Reuters) – The following table shows rates for Asian currencies against the dollar at 0210 GMT.

CURRENCIES VS U.S. DOLLAR

Currency

Latest bid

Previous day

Pct Move

Japan yen

130.090

130.1

+0.01

Sing dlr

1.383

1.3832

-0.01

Taiwan dlr

29.498

29.53

+0.11

Korean won

1259.000

1267.8

+0.70

Peso

52.425

52.51

+0.16

Rupee

76.515

76.515

+0.00

Change so far in 2022

Currency

Latest bid

End 2021

Pct Move

Japan yen

130.090

115.08

-11.54

Sing dlr

1.383

1.3490

-2.48

Taiwan dlr

29.498

27.676

-6.18

Korean won

1259.000

1188.60

-5.59

Baht

34.420

33.39

-2.99

Peso

52.425

50.99

-2.74

Rupiah

14495.000

14250

-1.69

Rupee

76.515

74.33

-2.86

Ringgit

4.352

4.1640

-4.32

Yuan

6.609

6.3550

-3.84

(Compiled by Tejaswi Marthi in Bengaluru; Editing by Subhranshu Sahu)

((Tejaswi.marthi@thomsonreuters.com))

BRIEF-Peppermint Innovation Says Peppermint Granted Electronic Money Issuer Licence

May 4 (Reuters) – Peppermint Innovation Ltd PIL.AX:

  • PEPPERMINT GRANTED ELECTRONIC MONEY ISSUER LICENCE

  • CO HAS BEEN GRANTED A LICENSE TO OPERATE AS AN ELECTRONIC MONEY ISSUER BY CENTRAL BANK OF PHILIPPINES

Source text for Eikon: ID:nASX8TycXh

Further company coverage: PIL.AX

((Reuters.Briefs@thomsonreuters.com;))

BRIEF-Semirara Mining And Power Corps Completes Backfilling Operations In Panian Open-Pit Mine

May 4 (Reuters) – Semirara Mining and Power Corporation SCC.PS:

  • SEMIRARA MINING AND POWER CORPORATION – COMPLETED ITS BACKFILLING OPERATIONS IN PANIAN OPEN-PIT MINE

Source text for Eikon: ID:nPSX2lgt3B

Further company coverage: SCC.PS

((Reuters.Briefs@thomsonreuters.com;))

BRIEF-Megawide Construction Says On 2 May, Got Notice Of Award From Department Of Transportation

May 4 (Reuters) – Megawide Construction Corp MWIDE.PS:

  • ON 2 MAY, FORMALLY RECEIVED NOTICE OF AWARD FROM DEPARTMENT OF TRANSPORTATION

  • CONTRACT AWARDED TO TOKYU-TOBISHIMA-MEGAWIDE JV FOR 2 UNDERGROUND STATIONS & TUNNELS OF METRO MANILA SUBWAY PROJECT

Source text for Eikon: ID:nPSX55Trzw

Further company coverage: MWIDE.PS

((Reuters.Briefs@thomsonreuters.com;))

UPDATE 1-Philippine presidential candidates enter final push to woo voters

Adds comments and details from Marcos rally paragraphs 3, 4, 10, 11, Robredo paragraph 7, and foreign media statement paragraph 15

By Karen Lema

MANILA, May 3 (Reuters) – Philippine presidential candidates were in the provinces on Tuesday to drum up more support as the campaign entered its homestretch, in an election that has shaped into a two-way race between Ferdinand Marcos Jr and old rival Leni Robredo.

Marcos, the son and namesake of the ousted dictator who ruled the Philippines for two decades, has a wide lead in polls over incumbent vice president, Robredo, ahead of the May 9 ballot.

The 64-year-old frontrunner repeated his message of unity before supporters in central Iloilo province at the first of three big rallies this week before campaigning ends on Saturday, urging them to carry his “Uniteam” to victory.

“We have travelled around the country to rally support behind our unity movement,” said Marcos, who appears on the verge of completing a once-unthinkable rebranding of the Marcos name, 36 years after a “people power” uprising toppled his father and drove his family into exile.

Political analysts say Marcos has been aided by a decades-long public relations effort to alter perception of his family, even as critics accuse the Marcoses of attempting to rewrite history. nL1N2UI09D

“They have… the advantage of crafting an appealing narrative, which we know distorts the historical fact and yet has somehow appealed to many voters,” said retired political science professor Temario Rivera.

In Negros Occidental province, what was supposed to be a small assembly turned into a campaign rally for Robredo, 57, after dozens of supporters showed up. There, she promised an honest and transparent government if elected president.

DUTERTE BOON

The latest Pulse Asia survey conducted in mid April showed 56% of 2,400 respondents supporting Marcos, 23% backing Robredo and former boxer Manny Pacquiao and Manila Mayor Francisco Domagoso on 7% and 4% respectively.

Also a boon for Marcos is running mate, Sara Duterte-Carpio, who has been riding on the huge popularity of her father, outgoing President Rodrigo Duterte, who on Monday reiterated he would endorse no presidential candidate.

At the Marcos rally on Tuesday, crowds emphatically chanted “Duterte, Duterte,” before she spoke.

Marcos and Robredo have a bitter rivalry, with Robredo’s affiliation firmly with the movement that ousted his father after years of authoritarianism and martial law.

Despite Marcos’s commanding lead, Robredo has attracted key endorsements and big crowds in recent rallies, support that some analysts say the latest survey may not have captured.

Robredo last week challenged Marcos to a debate, but he declined, saying he preferred to speak directly to the public. nL3N2WR0YF

Critics have accused Marcos of ducking debates to mask weaknesses, and complained he has been inaccessible to media, with some foreign journalists reporting being denied accreditation for his campaign events.

“All these restrictive actions undermine a critical and free press in an Asian bulwark of democracy and have sparked fears of how independent media would be treated under another possible Marcos presidency,” the Foreign Correspondents Association of the Philippines said in a statement.

His team did not immediately respond to a request for comment.

(Reporting by Karen Lema; Additional reporting by Adrian Portugal; Editing by Ed Davies, Martin Petty)

((karen.lema@thomsonreuters.com; +632 841-8938))

Philippine presidential candidates in final push to woo voters

MANILA, May 3 (Reuters) – Philippine presidential candidates will hold final election rallies this week as the campaign enters its homestretch, in a contest that has shaped into a two-way race between frontrunner Ferdinand Marcos Jr. and his main rival Leni Robredo.

Marcos, the son and namesake of the ousted dictator who ruled the country for two decades, has a wide lead in polls over the incumbent vice president, Robredo, ahead of the May 9 ballot.

The frontrunner, who is due to hold on Tuesday the first of three big rallies this week, appears on the verge of completing a once-unthinkable rebranding of the Marcos family name 36 years after a “people power” uprising ended his father’s rule.

Political analysts say his path towards the presidency has been aided by a decades-long public relations effort to alter public perception of his family, even as critics accuse the Marcoses of attempting to rewrite history. nL1N2UI09D

“I think they (the Marcos campaign) have…the advantage of crafting an appealing narrative, which we know distorts the historical fact and yet has somehow appealed to many voters,” said retired political professor Temario Rivera.

Marcos has pushed a message of unity in his campaign, even as rivals sought to highlight the plundering of the country’s wealth during the harsh authoritarian rule of his late father.

A survey conducted by independent pollster Pulse Asia in mid April showed 56% of 2,400 respondents said they would vote for Marcos if the election was held during that period, while 23% said they would back Robredo. nL3N2WU0CF

Former boxing champion, Manny Pacquiao, and Manila mayor, Francisco Domagoso, had 7% and 4% support, respectively. The last day of official campaigning is on Saturday.

Robredo last week challenged Marcos to a debate so voters can scrutinise their characters and visions, but the former senator declined saying he preferred to speak directly to the public. nL3N2WR0YF

The two have a bitter rivalry, with Robredo’s affiliation firmly with the movement that took to the streets to topple his father in 1986.

Despite Marcos’s commanding lead, Robredo has attracted tens of thousands of people to her recent campaign rallies, support which some analysts say may not have been fully captured in the latest survey.

“We are feeling confident going into the last week of the campaign,” said Robredo campaign spokesperson Barry Gutierrez.

Marcos, 64, has said he would not let his strong showing in polls distract him from work needed to ensure victory.

Robredo and Marcos will hold rallies in the central Philippines on Tuesday, with the frontrunner due in the province of Iloilo and his rival in Panay island and Bacolod city.

(Reporting by Karen Lema; Additional reporting by Adrian Portugal
Editing by Ed Davies)

((karen.lema@thomsonreuters.com; +632 841-8938;))

BRIEF-Wilcon Depot Confirms Media Reports On Hiking 2022 CapEx By 83%

May 2 (Reuters) – Wilcon Depot Inc WLCON.PS:

  • CONFIRMS STATEMENT IN MEDIA REPORTS ON HIKING 2022 CAPITAL EXPENDITURES BY 83% TO 3.95 BILLION PESOS

  • CLARIFIES THAT CO PLANS TO SPEND 236 MILLION PESOS FOR IT INFRA PROJECTS & REMAINING 176 MILLION PESOS SET ASIDE FOR SOLAR PANEL PROJECTS

Source text for Eikon: ID:nPSX8W3WyZ

Further company coverage: WLCON.PS

((Reuters.Briefs@thomsonreuters.com;))

Posts navigation

Older posts
Newer posts

Recent Posts

  • Eye on earnings: Shoppers sustain top property firms’ revenue 
  • Eye on earnings: Price drop stunts power, utilities sector
  • Tariff talks: How do economies stand in trade negotiations?
  • Stock Market Weekly: A bit of optimism this week 
  • Investment Ideas: May 26, 2025 

Recent Comments

No comments to show.

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • March 2022
  • December 2021
  • October 2021

Categories

  • Bonds
  • BusinessWorld
  • Currencies
  • Economy
  • Equities
  • Estate Planning
  • Explainer
  • Featured Insight
  • Fine Living
  • Investment Tips
  • Markets
  • Portfolio Picks
  • Rates & Bonds
  • Retirement
  • Reuters
  • Spotlight
  • Stocks
  • Uncategorized

You are leaving Metrobank Wealth Insights

Please be aware that the external site policies may differ from our website Terms And Conditions and Privacy Policy. The next site will be opened in a new browser window or tab.

Cancel Proceed
Get in Touch

For inquiries, please call our Metrobank Contact Center at (02) 88-700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customercare@metrobank.com.ph

Metrobank is regulated by the Bangko Sentral ng Pilipinas
Website: https://www.bsp.gov.ph

Quick Links
The Gist Webinars Wealth Manager Explainers
Markets
Currencies Rates & Bonds Equities Economy
Wealth
Investment Tips Fine Living Retirement
Portfolio Picks
Bonds Stocks
Others
Contact Us Privacy Statement Terms of Use
© 2025 Metrobank. All rights reserved.

Read this content. Log in or sign up.

​If you are an investor with us, log in first to your Metrobank Wealth Manager account. ​

If you are not yet a client, we can help you by clicking the SIGN UP button. ​

Login Sign Up