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WHOLESALE prices of construction materials in Metro Manila rose in February, though the rate of growth slowed compared with a month earlier, the Philippine Statistics Authority (PSA) said.
YIELDS ON government securities (GS) rose almost across-the-board last week as market players sold off their bonds due to the spread of the coronavirus disease 2019 (COVID-19) in the country.
A STUDY of workplace gender diversity in Asia puts the Philippines at or near first place on measures like, the narrowness of the gender pay gap, female representation in senior leadership, and overall gender balance.
USUALLY, seafarers would have to wait for their ship to dock and go to a bank or a remittance center when they want to send money to their loved ones. With money transfers being made easier thanks to money transfer apps, the same convenience will be extended to seafarers that would enable them to make transactions anywhere in the world, even while at sea.
ANALYSTS are generally bullish on bank stocks this year amid expectations of the central bank to ease monetary policy further in order to support economic growth.
THE COUNTRY’s biggest banks saw their capacity to absorb risky assets improve in the last three months of 2019, even as aggregate profitability dipped and growth in assets and loans eased.
INVESTORS bet on the future of Sy-led SM Prime Holdings, Inc. after President Rodrigo R. Duterte said he would not approve proposed Manila Bay reclamation projects unless proponents have safety measures for the environment and public health.
VICKY MARIANO, 46, stretches her P12,000 monthly income from cleaning, washing clothes and cooking for another household as she tries to raise six children, all below 15 years old. She is always on the lookout for other income sources such as selling snacks.
LATEST government trade data showed imports declining at their fastest pace in seven-and-a-half years in October while exports were flat, the Philippine Statistics Authority (PSA) reported on Tuesday.
COMMITTED foreign direct investments (FDI) approved by the government’s seven main investment promotion agencies (IPAs) grew more than fourfold to the biggest amount in nearly seven years last quarter, helping to fuel a year-to-date surge, according to preliminary data the Philippine Statistics Authority reported on Thursday.
FRUITAS Holdings, Inc. made its market debut only last Friday, but it still ended up as the tenth most actively traded stock last week.
THE MEASURE TO SIMPLIFY the taxation of passive income, financial services and transactions was borne out of the need to be more competitive in attracting foreign capital and investments in order to finance infrastructure projects and promote inclusive growth through generation of more and higher quality jobs.
THE PHILIPPINES’ ability to develop, attract and retain highly skilled professionals improved in 2019, buoyed largely by increased capacity in matching existing talent pool with the demand of the labor market, according to an annual survey of Switzerland-based business school International Institute for Management Development’s (IMD) research arm.
YIELDS ON government securities (GS) traded on the secondary market fell across the board as expectations of rate cuts by the US Federal Reserve and the Bangko Sentral ng Pilipinas’ (BSP) remain.
THE COUNTRY’s trade-in-goods deficit narrowed in April as merchandise exports grew while imports declined, but did not prevent the year-to-date trade gap from increasing, according to data released by the Philippine Statistics Authority (PSA) on Tuesday.
ELECTIONS are widely believed to have a growth-inducing effect on an economy.
AYALA CORP. (AC) was the sixth most actively traded stock in the Philippine Stock Exchange last week with analysts attributing the movement to the disclosure of the company’s expansion plans.
YIELDS ON government securities (GS) traded on the secondary market continued to climb slightly last week due to the market’s correction after significant declines seen last month.
INFLATION further eased for the fifth straight month in March, the Philippine Statistics Authority (PSA) reported, lending support to the central bank’s view that price increases will ease this year even as officials signaled caution against swift plans to cut policy rates.
MEGAWIDE CONSTRUCTION Corp. was one of the most actively traded stocks in the Philippine Stock Exchange last week on account of the attractiveness of the company’s future growth prospects according to analysts.
WITH THE DOWNTREND in inflation allowing room for the central bank to retain or cut key interest rates, analysts remain bullish on bank stocks this year as they expect banks’ to net higher earnings and at the same time, lower funding costs.
YIELDS on government securities (GS) traded on the secondary market went sideways as traders anticipate the planned auction of new retail Treasury bonds.
THE country’s industrial production posted a double-digit contraction in December – its biggest in 13 months, the Philippine Statistics Authority (PSA) reported this morning.
INFLATION, as experienced by low-income families, further eased in December, driven by a slowdown in price increases in food and utilities, the Philippine Statistics Authority (PSA) said.
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