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NCR construction materials price growth picks up in Oct.

WHOLESALE PRICE growth of construction materials in Metro Manila accelerated in October, the Philippine Statistics Authority said.

Yields on government debt inch down on surprise cut

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.

Market bullish on DITO after share-swap deal

INVESTORS loaded up on Dennis A. Uy-led Dito CME Holdings Corp. last week after it unveiled a P68.43-billion share-swap deal to buy an indirect stake in the telco startup Dito Telecommunity Corp.

October inflation fastest in 3 months

THE OVERALL year-on-year increase in prices of widely used goods rose to its fastest pace in three months in October, the government reported on Thursday.

Literacy rate estimated at 93.8% among 5 year olds or older...

THE literacy rate was estimated at 93.8% among those five years old or older, the Philippine Statistics Authority (PSA) said, citing survey results.

Gov’t debt yields end flat

YIELDS ON government securities (GS) inched up last week following the Bureau of the Treasury (BTr) 10-year bond auction and the slow reopening of the economy.

Fourth telco hopes, company partnership boost NOW stock

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.

Manufacturing output slides for 6th straight month in Aug.

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.

Yields on gov’t debt mixed

YIELDS ON government securities ended mixed last week after the Bureau of the Treasury rejected all the bids for the reissued 10-year bonds.

Pandemic to keep steering markets in 2nd half

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.

2019 state spending on environment rises

Government spending on environmental protection increased last year from a year earlier, according to data from the Philippine Statistics Authority. But expenditures on climate change...

Investors buy shares in Ayala unit on earnings, Infigen pull out

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.

Manila Water trading volume rises after billionaire takeover

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.

Surveying for 2020 census to start in September

AFTER a four-month delay due to the pandemic, the Philippine Statistics Authority (PSA) said it will start conducting the census on Sept. 1, with results set to be published in the early second quarter of next year. 

Gov’t debt yields end flat

YIELDS on government debt securities ended flat last week amid a lack of catalysts in the local market.

Labor turnover slows in fourth quarter of 2019 — PSA

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...

External trade continues slump in June as coronavirus pandemic drags on

THE COUNTRY’S exports and imports continued to plunge, albeit at a slower pace in June, the Philippine Statistics Authority (PSA) reported on Wednesday.

External trade’s slump continues in June

THE COUNTRY'S exports and imports continued to plunge, albeit at a slower pace in June, the Philippine Statistics Authority (PSA) reported this morning.  Merchandise exports...

OUTLIER: 5G rollout, Duterte threat on telcos drive PLDT’s stock movement

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.

PHL improves access to water, sanitation, hygiene facilities

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).

Building permit approvals decline across-the-board in first quarter

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.

Yields on government debt end flat

YIELDS ON government securities (GS) ended flat last week after the Bangko Sentral ng Pilipinas (BSP) said it will keep an accommodative policy over the next two years as well as the recent outcome of the retail Treasury bond (RTB) offering.

Inflation quickens to 2.5% in June

THE overall year-on-year increase in prices of widely used goods accelerated in June after four straight months of slowing down, the Philippine Statistics Authority (PSA) said on Tuesday.

OUTLIER: Altus sustains market interest following previous week’s listing

INVESTOR EXCITEMENT over new listings made newly introduced Altus Property Ventures, Inc. (APVI) one of the most actively traded stocks last week.

OUTLIER: Grocery operator MerryMart gets merry debut and trading 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.

Big banks report slower growth in Q1

THE country’s biggest banks reported lower profits, reduced capacity to absorb risky assets, and slower asset growth in the first three months of the year.

Gov’t debt yields end flat

YIELDS on government securities (GS) ended mixed last week as investors tracked auction results amid the lack of fresh leads.

OFW numbers decline to 2.2 million in 2019

FEWER FILIPINOS worked in overseas job markets last year, according to the Philippine Statistics Authority (PSA).

Yields on government debt drop on BSP bets

YIELDS ON government securities (GS) fell last week on expectations of rate cuts from the Bangko Sentral ng Pilipinas (BSP) and safe-haven demand due to lingering tensions in Hong Kong.

Lockdown easing draws investors to SMIC

THE easing of lockdown restrictions such as the reopening of malls led to increased trading activity in the SM Investments Corp. (SMIC) stock last week.

Yields on gov’t debt drop on inflation, GDP data

YIELDS ON government securities (GS) fell last week following lower April inflation as well as the contraction of the Philippine economy in the first quarter to its worst performance in more than 20 years.

Inflation slows to 5-month low in April

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.

Security Bank earnings whet investors’ appetite

INVESTORS took positions on Security Bank Corp. last week after the release of its first-quarter earnings report.

Yields on gov’t debt decline

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

Inflation for poor households eases in February

INFLATION, as experienced by low-income households, eased in February, the Philippine Statistics Authority (PSA) said Tuesday.

Filipino perception of causes of death inaccurate

FILIPINO perception about the leading causes of death in the country was among the least accurate, according to the latest study by French market research company Ipsos MORI.

Yields on government debt climb on coronavirus fears

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).

MPIC shares climb as earnings results outweigh uncertainties

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.

Inflation slows down in February

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.

Inflation impact on the poor worsens in January

INFLATION, as experienced by low-income families, picked up to its fastest pace in six months in January, the Philippine Statistics Authority (PSA) reported on Thursday.

NCR wholesale prices of construction materials rise in Jan.

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.

MarCoPay: Making money transfers smooth sailing

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.

Negative investor sentiment pulls down ISM’s share price

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.

Trade gap narrows in December

EXPORTS of Philippine goods grew at its fastest pace in more than two years in December, narrowing the country’s trade deficit to a six-month low amid a continued decline in imports, the Philippine Statistics Authority (PSA) reported on Tuesday.

Yields on gov’t securities decline on BSP rate cut

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.