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WHOLESALE PRICE growth of construction materials in Metro Manila accelerated in October, the Philippine Statistics Authority said.
YIELDS ON government securities (GS) edged lower last week after the central bank’s surprise move to bring down borrowing costs to fresh record lows amid a sluggish economic backdrop.
THE literacy rate was estimated at 93.8% among those five years old or older, the Philippine Statistics Authority (PSA) said, citing survey results.
THE MARKET saw renewed interest in NOW Corp. in hopes of the company being named the country’s fourth telco player as well as its partnership with Vietnam’s Viettel Business Solutions Corp. to offer information and communications technology (ICT) products and services in the Philippines.
THE COUNTRY’S factory output contracted for the sixth straight month, albeit at a slower pace in August, the Philippine Statistics Authority (PSA) said on Tuesday.
THE CORONAVIRUS disease 2019 (COVID-19) pandemic remained the primary driver of local financial markets in the second quarter of 2020 as market players continue to adjust expectations and digest a slew of economic reports published during the period.
INVESTORS took positions on Ayala-led AC Energy Philippines, Inc. last week with analysts, attributing the move to market players digesting the earnings results released last month, as well as the divestment by an affiliate of its holdings in an Australian energy firm.
AYALA CORP. was among the most actively traded stocks last week after the Philippine Competition Commission approved Philippine billionaire Enrique Razon’s takeover of unit Manila Water Co., Inc.
By Jobo E. Hernandez, Researcher EMPLOYMENT growth among large Metro Manila firms continued to improve in the third and fourth quarter of 2019, the Philippine...
THE COUNTRY’S exports and imports continued to plunge, albeit at a slower pace in June, the Philippine Statistics Authority (PSA) reported on Wednesday.
MARKET PLAYERS reacted to news surrounding telecom giant PLDT, Inc. last week — namely, President Rodrigo R. Duterte’s renewed threats to close or expropriate telco firms if they do not improve on their services, and the announcement of PLDT subsidiary Smart Communications, Inc. to launch its fifth-generation (5G) service starting the end of July.
THE Philippines made headway in providing adequate water, sanitation, and hygiene (WASH) facilities in 2019, according to the Philippine Statistics Authority’s (PSA) Annual Poverty Indicators Survey (APIS).
CONSTRUCTION STARTS, as measured by approved building permits, fell 22.4% in the first quarter, with all segments posting declines during the period, the Philippine Statistics Authority said.
INVESTOR EXCITEMENT over new listings made newly introduced Altus Property Ventures, Inc. (APVI) one of the most actively traded stocks last week.
MERRYMART Consumer Corp. ended up as the most actively traded stock in the Philippine Stock Exchange (PSE) last week following its market debut on Monday.
INFLATION slowed to a five-month low in April, as the decline in transport and the deceleration in other nonfood commodities offset the faster price adjustments in the heavily weighted food and non-alcoholic beverages, data from the Philippine Statistics Authority (PSA) showed.
GOVERNMENT SECURITIES (GS) yields went up across-the- board last week as market players grapple with uncertainties brought by the coronavirus disease 2019 (COVID-19).
INVESTORS continued to take positions on Metro Pacific Investments Corp. (MPIC) stock last week following the release of the company’s annual earnings results late last month.
THE GENERAL INCREASE in the prices of widely used goods and services eased in February due to slower price adjustments in the heavily weighted food and non-alcoholic beverages and select nonfood commodities, the Philippine Statistics Authority (PSA) reported, lending support to the possibility of the central bank to cut policy rates soon.
WHOLESALE PRICE growth of construction materials in Metro Manila accelerated in January, though the rise in the retail price indicator slowed, the Philippine Statistics Authority (PSA) said.
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.
INVESTORS sold off ISM Communications Corp. shares last week with analysts attributing the movement to overall negative market sentiment as well as news on Dito Telecommunity Corp.’s possible delay in its commercial operations.
YIELDS ON government securities fell almost across-the-board last week following the central bank’s decision to cut benchmark rates by a quarter of a percentage point.
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