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Rockwell Land eyes P20B from bond market

MANILA, Philippines — Rockwell Land Corp. will tap the bond market to raise up to P20 billion and fund its capital expenditures. This move comes as the firm pursues the expansion of its projects. In a regulatory filing on Friday, Rockwell Land said its board of directors had approved the bond offering under a shelf

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Citystate Savings Bank reels in P735M from CS Capital

MANILA, Philippines Hong Kong-listed CS Capital Investment Pte. Ltd. has completed its acquisition of a minority stake in Citystate Savings Bank Inc. This is a P735.9-million deal that would enable the bank to expand its market reach and speed up digitalization efforts. As a result of the deal, Cabangon-led Citystate gave two board seats to