First Metro - updates

Rappler's latest stories on First Metro

ARTICLE FINDER

First Metro sees bulls in H2 2019

Aug 01, 2019 - 2:40 PM

With inflation slowing down and government spending expected to improve, bulls are expected to roam the stock market


Elections, infra push to boost PH economy in 2019 – First Metro

Jan 15, 2019 - 7:10 PM

First Metro Investment Corporation expects economic growth and lower inflation, but a weaker peso in 2019

Philippine economy to sustain growth momentum – First Metro

Jul 16, 2018 - 9:25 PM

First Metro Investment Corporation president Rabboni Francis Arjonillo says the country's gross domestic product may meet or even surpass the government's target of 7% in 2018

Should we worry about the Philippine peso?

Jun 26, 2018 - 9:20 PM

First Metro Investment Corporation and the University of Asia & the Pacific say the answer depends on the factors driving the peso's weakness

Philippine economy likely to grow above 7% in Q1 2018 – First Metro, UA&P

Apr 02, 2018 - 2:40 PM

Higher jobs created, foreign direct investments, and manufacturing output, among others, point to a stronger gross domestic product growth for the Philippines

Philippine economy to grow fastest in ASEAN-5 in 2018 - First Metro

Jan 04, 2018 - 4:06 PM

The Philippine economic growth is seen to be driven by the revival in manufacturing, consumption spending, stable remittances from overseas Filipinos, and tourism boom

First Metro, UA&P lower Philippine GDP forecast due to slow spending

Jul 05, 2017 - 8:05 PM

Economists express concern over infrastructure projects warning that changing modes of implementation midway would lead to delays and slower growth

FORECAST. First Metro and UA&P have trimmed their Philippine economic growth forecast for 2017

George Ty and MVP transaction is best deal of 2016 – IHAP

Mar 19, 2017 - 10:00 AM

The deal that brought together two of the biggest conglomerates in the country is recognized as the most innovative and complex

BEST DEAL. George Ty's GT Capital Holdings acquired 15% of Manuel V. Pangilinan's Metro Pacific Investment Corporation in 2016.

PH economy seen to grow 'as much as 8%' in 2017

Jan 05, 2017 - 4:43 PM

This is seen to be driven by higher capital investments as the Duterte administration continues to ramp up infrastructure spending

FASTER. The country’s gross domestic product (GDP) growing by 7% to 8% this 2017 and beyond 'will be doable with low inflation,' University of Asia and Pacific (UA&P) economist Victor Abola says. Rappler file photo

DPWH chief Villar: Metro traffic jam 'can be solved in 2-3 years'

Aug 02, 2016 - 8:47 PM

Rest assured that the biggest hurdle political will is something that the President has a lot of says Secretary Mark Villar

Bumper-to-bumper traffic is seen in front of the Iglesia ni Cristo Church along Commonwealth Avenue in Quezon City on Tuesday. A portion of the thorough fare from Sandiganbayan to Litex is closed for the whole day due to a medical mission by the INC. Photo by: JOEL LIPORADA

FMIC boosts Philippine GDP growth forecast in 2016

Jul 11, 2016 - 5:22 PM

This is buoyed by strong economic fundamentals heightened election related spending increased domestic demand led by investments and stronger government spending

MORE INFRA. The new admin's higher requirements of infrastructure programs seen to boost government spending. File photo by Agence France-Presse

Cirtek Holdings hires banker Dispo, Silicon Valley pioneer Banatao

Jan 04, 2016 - 4:38 PM

As it prepares for more deals Cirtek Holdings hires the former president of First Metro Investments Corporation and the founder of Tallwood Venture Capital

BEEF UP. Cirtek says Banatao’s (left) industrial foresight and Dispo’s (right) capital market expertise will be valuable to the firm as it expands here and abroad

A rough 2015 for PH stocks

Dec 22, 2015 - 8:30 AM

Since we do not know how low the market can go it would be better to wait until we see a floor come out

BEARISH MARKET. As we bring 2015 to a close, and if you see your stocks in the red, try to assess and study which areas in your stock selection and timing would need changes.

Builder Datem defers IPO plan

Nov 21, 2015 - 12:24 PM

The construction firm initially planned to raise P4 66 billion 99 23 million but with the deferral terms could be revised

MUM ON THE DEFERRAL. The construction firm did not disclose the reason for the delay or when it plans to push through with its equity offer

PH growth seen to top most Asian countries in 2015

Sep 26, 2015 - 9:42 AM

While the Philippines is unlikely to hit its growth target this year increased government spending especially as the May 2016 elections draw near would help it surpass most Asian countries say FMIC and UA P

ELECTION SPENDING. The Philippine economy will pick up steam mainly due to early spending for the 2016 polls. Photo by Michael Buena/Rappler

PH economy seen to recover in Q2 2015

Aug 01, 2015 - 9:18 AM

Government spending and ease in inflation should drive economic growth in the second quarter with consumer and infrastructure spending picking up First Metro Investment Corporation says

RECOVERED. The early second quarter signs point to a definite recovery from the measly 5.2% economic growth in the first three months of 2015, FMIC says. Shutterstock Photo

Geared up for global reform and regional integration

May 22, 2015 - 1:50 PM

All things considered the Philippine financial system is in a good place today But we can’t afford to be complacent Not at all says BSP Governor Amando Tetangco Jr

AEC 2015: Will PH firms be market disruptors?

May 21, 2015 - 10:28 AM

Businessmen analysts and senior government officials weigh in on how the Philippines will fare once the ASEAN Economic Community comes into force in December and the challenges it has to address now

READY OR NOT. Is the Philippines ready for the upcoming ASEAN economic community? File photo by Rappler

Papal visit a gift to PH, business community says

Jan 17, 2015 - 10:56 AM

The business community says potential losses over the holidays are nothing compared to the grace and blessings that Pope Francis brings to the country

Pope Francis attends a meeting with families in Manila on January 16, 2015. Photo by Giuseppe Cacace/AFP

Firms rush to borrow before rates go up

Jan 06, 2014 - 5:52 PM

Up to P140B worth of corporate debt deals are now being arranged as companies scramble to raise capital ahead of an expected increase in interest rates

CHEAP CAPITAL. Companies are eyeing to borrow money at low interest rates. AFP PHOTO

Meralco acquires stake in Ty-led Global Power

Oct 23, 2013 - 6:23 PM

Tycoon George Ty sells 20 of his group s stake in Global Business Power Corporation to MGen a unit of power distributor Meralco

DEAL. Meralco and Global Power have sealed their power deal. File photo by AFP

MVP, Ty groups seal power deal

Oct 08, 2013 - 7:00 PM

The groups of businessman Manuel Pangilinan and tycoon George Ty are joining forces as they beef up their investments in the power sector

DEAL. JG Summit is buying the shares held by the San Miguel group in power distributor Meralco. Photo taken by AFP

PSE officially delists George Ty, MVP units

Dec 21, 2012 - 4:53 PM

FMIC and MPTC were officially delisted on December 21

PH growth likely slowed to 5.3% in Q3 - economist

Nov 15, 2012 - 2:01 PM

The impact of the heavy rain and flooding in August likely weighed on the Philippine economy s growth in the third quarter of the year

Why PH stocks are zooming to record highs

Jan 24, 2012 - 12:06 AM

The main index in the local stock exchange has been soaring to historic highs day after day in January despite the ongoing impeachment trial of chief justice Renato Corona at the Senate

RECORD HIGHS FOR PSEi on January 2012