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Tag: Ana Olivia A. Tirona

Gov’t debt yields end flat on policy bets

YIELDS ON government securities (GS) were little changed on Friday amid expectations of the central bank keeping its policy settings steady and developments in the United States.

TV still most effective medium for breadth of reach — PSA

TELEVISION (TV) remained the most effective tool for reaching Filipinos among all the mass media, according to the Philippine Statistics Authority (PSA).

SM Prime’s rebound hinges on holiday boost

DESPITE the lack of catalyst during last week’s shortened trading, SM Prime Holdings, Inc. is expected by analysts to recover on the back of holiday spending as well as the gradual reopening of the economy.

Yields end flat amid lack of fresh leads

YIELDS ON government securities (GS) ended flat on Friday from week-ago levels amid a lack of fresh leads that would spur demand for debt papers.

Unemployment rate eases in Oct. as economy reopens

THE country’s unemployment rate further eased in October from record levels in April, as the economy continued to gradually reopen, the Philippine Statistics Authority (PSA) reported on Thursday.

Jobless rate continues to ease in October

LATEST official labor data showed the ranks of jobless Filipinos, as well as those wanting more work to augment income decreasing in October compared...

Profit taking drags URC shares despite rubbing alcohol foray

INVESTORS opted to pocket gains last week, pulling back Universal Robina Corp.’s (URC) share price despite its announcement of its foray into rubbing alcohol production.

Yields on gov’t debt inch up on GDP data

YIELDS ON government securities (GS) inched up last week as investors mostly stayed on the defensive following the release of Philippine gross domestic product (GDP) data.

Q3 economic drop likely less severe

THE PHILIPPINE ECONOMY is expected to have declined in the third quarter, though slower pace than the previous quarter, according to economists.

Yields on gov’t debt rise

YIELDS on government securities (GS) inched upward last week amid a lack of catalysts in the local market.

Investors load up on PXP Energy shares after lifting of exploration...

PXP ENERGY Corp. (PXP) shares soared last week as investors took positions following the government’s decision to lift the ban on oil and gas exploration in the West Philippine Sea and the company’s confirmation that it was in ongoing negotiations with a Chinese oil company on a joint oil and gas development in the contested waters.

August trade gap widest in 5 months

The country’s external trade deficit grew to its widest level in five months in August as the annual decline in imports once again outpaced...

Disasters, failure of governance are top risks to business

NATURAL CATASTROPHES and failure of national governance dominate the concerns for business executives in the Philippines this year, according to the World Economic Forum’s (WEF) “Regional Risks for Doing Business 2020” report.

MerryMart shares rise after tie-up with FoodPanda on ‘dark grocery’

A PLAN between MerryMart Consumer Corp. and FoodPanda Philippines to launch a purely online grocery service in the country has driven the former’s stock activity last week.

Revenue index slumps to record low

A COMPOSITE INDEX measuring sales generated by Philippine companies across all industries posted its biggest decline on record in the second quarter, as most...

Yields on gov’t debt go up ahead of BSP bond offer

YIELDS ON government securities (GS) inched up last week due to muted trading amid a lack of fresh leads, with investors also awaiting the Bangko Sentral ng Pilipinas’ (BSP) maiden bond offering this Friday.

Factory output continues slump with 11.9% drop in July

FACTORY OUTPUT extended its losing streak to a fifth month in July, with an 11.9% year-on-year decline in the Volume of Production Index (VoPI),...

Factory output continues slump in July

FACTORY OUTPUT declined for the fifth straight month in July, the Philippine Statistics Authority (PSA) reported earlier this morning. Preliminary results of the PSA's latest...