According to the Chairman and CEO of Double Dragon Properties, the first company to conduct an Initial Public Offering (IPO) this year, the company’s IPO offer was 14 times oversubscribed, a sign that there may be healthy demand for the stock.
Here’s a statistic that some of us might find interesting / surprising / depressing / revolting: The combined wealth of the fifty (50) richest Filipinos is equivalent to roughly one-fourth or 26% of the country’s Gross Domestic Product (GDP). That’s according to the latest installment of
Forbes Magazine recently published its annual list of the World’s Richest People and in that list dominated by American billionaires, a Mexican tycoon proved to be the richest of them all, while a Filipino billionaire ranks 68th richest in the world. The Forbes list now
And now there are eleven. From five (5) Pinoy billionaires in last year’s list of the 40 Richest People in the Philippines, the 2011 Forbes magazine’s list of Filipino billionaires now has a total of eleven (11). The five billionaires from last year are still
Last year, we posted a list of the Top 10 Banks in the Philippines, based on total assets and deposits at year-end 2008. We now bring you the list of the Largest Banks in the Philippines, in terms of assets, deposits, and net income, as
The 2010 list of Richest People in the Philippines is once again dominated by old-timers but they are much wealthier now compared to last year. For three consecutive years now, Henry Sy of SM Malls remains to be the country’s richest and also the year’s
Who are the richest Filipinos? How many Filipino billionaires are there? Among the three — Henry Sy, Lucio Tan and Jaime Zobel de Ayala — who is currently the richest? If you know the answers to these questions, then you are most likely following the