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Banks mark Q2 with higher profitability despite slower asset and loan...

THE COUNTRY’s biggest banks saw their profitability and capacity to absorb risky assets improve last quarter, even as growth in assets and loans slowed.

PaSend pls.: A Q&A with PSBank

“Simple lang. Maasahan”

CIC and the road to bridging the credit information gap

“THE MORE information [and] the more open the information is, then the more protection there is for both the borrower and the lender…”

Growth prospects boost Ayala Land stock

AYALA Land, Inc. (ALI) was the most actively traded stock last week as investors continued to take cues from the developer’s “good” second-quarter earnings, and the launch of its P16.1-billion office-for-sale project in Quezon City.

Yields on government debt decline on BSP’s rate move

YIELDS ON government securities (GS) fell across-the-board last week following the central bank’s decision to cut benchmark interest rates by a quarter of a percentage point.

Q2 GDP growth slowest in four years as delayed budget bites

THE ECONOMY expanded at its slowest pace in 17 quarters in the April-June period, weighed down by reduced private investments as well as tempered household and government spending, the Philippine Statistics Authority (PSA) reported on Thursday.

GDP impact of budget delay carried over to second quarter —...

ECONOMISTS expect gross domestic product (GDP) growth in the second quarter to have picked up from the first-quarter expansion, driven primarily by stronger household spending amid slower inflation, but weighed down by residual impact of delayed enactment of the 2019 national budget that was signed in mid-April.

Gov’t debt yields end mixed

YIELDS ON government securities (GS) ended mixed last week on dovish comments from Federal Reserve Chairman Jerome Powell and in reaction to easing inflation at home.

Inflation slowest in almost two years in June

INFLATION eased in June to post its slowest reading in almost two years, the Philippine Statistics Authority (PSA) reported on Friday, giving more room for the central bank to continue loosening monetary policy.

Price impact on the poor worsens

INFLATION for low-income families accelerated in May after six straight months of slowing down, the Philippine Statistics Authority (PSA) reported on Monday.

Investors take positions on ISM amid backdoor listing hopes

DEVELOPMENTS on new telecommunications player Mislatel consortium and hopes on the backdoor listing of Dennis Uy’s Udenna Corp. through ISM Communications Corp. (ISM) made the latter one of the most actively traded stocks last week.

Debt yields end lower on Powell’s dovish remarks

YIELDS on government securities (GS) went down last week as they tracked the movement of US Treasuries following dovish remarks from the Federal Reserve.

April finds fewer Filipinos jobless, looking for more work

LATEST DATA show improvements in the country’s labor market with the number of jobless Filipinos, decreasing and those wanting more work dropping to an all-time low in April, the Philippine Statistics Authority (PSA) reported yesterday.

Heavy trading, Gold Coin acquisition boost AEV stock

A TUG of war between buyers and sellers last Tuesday, followed by net buying at the latter part of the week on news of an Aboitiz Equity Ventures, Inc. (AEV) subsidiary’s full acquisition of a Singapore-based animal feeds maker company drove the stock’s trading activity last week.

Banks post bigger returns, capital buffers but slower asset, loan growth

THE COUNTRY’s biggest banks saw their profitability and capacity to absorb risky assets improve in the first quarter, even as asset and loan growth eased.

Analysts selective on bank stocks

ANALYSTS are painting a rosy picture for banking stocks following the sector’s mixed performance in the first quarter and the central bank’s decision to slash reserve requirements, but advise investors to remain selective on which ones to include in their respective portfolios.

Exports fall a 4th month, widen trade gap

MERCHANDISE TRADE remained a drag on overall economic growth last quarter, as export receipts declined for the fourth straight month in March while import payments continued to increase.

Yields on gov’t debt flat

YIELDS on government securities (GS) were flat last week as investors await the release of major economic data in the coming days.

SMFB stock gets a lift amid expectations of easing inflation

EXPECTATIONS of better earnings this year led San Miguel Food and Beverage, Inc. (SMFB) shares to be among the most active last week.

Feb. factory output down for third straight month

THE country’s industrial production posted its third consecutive month of decline in February, the Philippine Statistics Authority (PSA) reported on Friday.

Yields on gov’t debt down on easing inflation

YIELDS ON government securities (GS) went down last week on lower inflation expectations and speculations of monetary easing.

2017 PSA survey shows 9 in 10 families have improved source...

By Christine Joyce S. Castañeda, Senior Researcher NINETY-FOUR PERCENT (94%) of 24.354 million families have access to improved source of drinking water, according to the...

Going Flexible: A Q&A on KMC Solutions, Inc. on the future...

THE OFFICE workplace is usually associated with partially enclosed spaces and fixed working hours. Amid technological innovations and circumstances, however, it is no exception to changes. At present, the office could mean a flexible and open workspace — a stark contrast to the cramped environment employees are accustomed to.

Positive property outlook drives RLC share price higher

FOREIGNERS LOADED on Robinsons Land Corp. (RLC) shares, making it one of the most actively traded stocks in the local bourse last week.

Inflation back on track at one-year low

INFLATION eased for the fourth straight month and on to target in February to post the lowest reading in 12 months, helped by milder increases in the prices of food and beverages, the Philippine Statistics Authority (PSA) reported on Tuesday.

Inflation continues to decelerate in February

The increase in the prices of widely used goods continued to ease in February, the government reported this morning. Preliminary data from the Philippine Statistics...

Q4 boosts approved 2018 FDI pledges

THE GOVERNMENT approved more foreign direct investment (FDI) commitments in the country last year, fueled mostly by pledges in 2018’s last three months.

Are PHL banks ready to play with FIRe?

ARTIFICIAL intelligence (AI), robotics, cloud computing, machine learning, and the Internet of Things (IoT) are among the things that make up Industry 4.0 — more commonly known as the Fourth Industrial Revolution (FIRe). As these technology breakthroughs are becoming more evident in business and day-to-day living, how prepared is the country’s financial system in harnessing its potential benefits and at the same time, mitigating its potential costs?

Yields flat ahead of RTBs

YIELDS on government securities (GS) were flat last week ahead of the government’s retail Treasury bond (RTB) offering.

Bloomberry stock price gets lift from PSE index inclusion

BLOOMBERRY RESORTS Corp. was the second most actively traded stock last week following the announcement that it will be included in the 30-member Philippine Stock Exchange index (PSEi) starting today (Feb. 18).

Philippines’ talent edge slips in index

THE PHILIPPINES led lower-middle-income economies in a 2019 talent competitiveness survey, in which the country nevertheless posted a lower score and rank compared to the previous year.

PHL looks to Israeli firms for agriculture technology, investment

THE Philippines is looking to tap Israeli expertise and investment to develop the agriculture sector, the Department of Agriculture said.

Foreign investors’ appetite for Jollibee remains strong

FOREIGNERS loaded up on Jollibee Foods Corp. shares, making it one of the most actively traded stocks in the local bourse last week.

Exports drop, imports slow in November; trade gap grows

SOFTENING MERCHANDISE TRADE in November put an end to the country’s five straight months of export growth and pulled import growth down to single-digit level, the Philippine Statistics Authority (PSA) reported on Thursday.

Exports drop, imports slow down in November

By Christine Joyce S. Castaneda Trade activity softened in November as exports declined while imports slowed. Preliminary results from the Philippine Statistics Authority (PSA) showed merchandise...

Gov’t debt yields decline

YIELDS on government securities (GS) went down in the first trading week of the year amid lower inflation prospects.

Aboitiz Equity Ventures

ABOITIZ EQUITY Ventures, Inc. (AEV) was one of the most actively traded stocks last week following its buyback program and the death of its chairman.

Q3 FDI pledges biggest in nearly 2 years

APPROVED foreign direct investment (FDI) commitments rose to their highest level in nearly two years last quarter even as growth slowed from the preceding three months and a year ago, according to data the Philippine Statistics Authority (PSA) released on Thursday.

Factory output growth decelerates

FACTORY PRODUCTION continued growth in October, albeit at its slowest pace so far this year, the Philippine Statistics Authority (PSA) reported on Wednesday.

Local factories ramp up production in October: PSA

By Christine Joyce S. Castañeda Philippine factories ramped up production in October, the Philippine Statistics Authority (PSA) reported this morning. Preliminary results of the PSA’s Monthly...

Financial markets outlook mixed for the rest of 2018

THE weaker-than-expected economic growth, coupled with persisting domestic inflation concerns and geopolitical tensions continue to send local financial markets on a spin in the July-September period, with local and foreign headwinds providing a mixed outlook on financial markets moving forward.

Gov’t debt yields end flat

YIELDS on government securities (GS) were flat last week amid the suspension of excise taxes on fuel and the central bank’s policy rate hike.

Yields on gov’t debt go up

YIELDS on government securities (GS) rose last week amid a high September inflation print coupled with negative sentiment on the trade war between US and China.

Ayala Corp. (AC)

AYALA Corp.’s (AC) growth prospects, coupled with macroeconomic concerns led foreign investors to sell their shares in the stock while local investors took positions, making it one of the most actively traded stocks last week.