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INVESTORS remained lukewarm on Alliance Global, Inc. despite the diversified conglomerate’s report of a double-digit income growth last year as the pandemic cast a long shadow to its profitability this year.
THE growth in retail prices of construction materials in the National Capital Region (NCR) picked up in May, the Philippine Statistics Authority (PSA) said Thursday.
By Lourdes O. Pilar, Researcher THE TOURISM industry's contribution to the economy grew in 2019, Philippine Statistics Authority (PSA) data released on Friday showed. Preliminary data...
THE NEED for a national savings program and affordable home financing for working class Filipinos led to the creation of the Home Development Mutual Fund, or more known as the Pag-IBIG (Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno) Fund on June 11, 1978.
PROFIT taking drove much of Globe Telecom, Inc.’s stock activity last week.
GROWTH in the retail price of construction materials in Metro Manila eased in April after the lockdown depressed demand for these goods, the Philippine Statistics Authority (PSA) said.
INVESTORS pounced on the Jollibee Foods Corp. stock last week as they took advantage of its attractive valuation following weeks of sell-offs.
DAVAO CITY -- The Mindanao Development Authority (MinDA) has launched a program to directly connect local government units (LGUs) in the southern islands with suppliers of agricultural produce, with the aim of identifying local surpluses and transferring them to LGUs in need.
LATEST official labor data showed the ranks of Filipinos wanting more work to augment income declined in January, although those that were left without jobs increased, data from the government’s statistical agency showed.
SUSTAINABLE FINANCE or green finance has been gaining traction across the financial value chain due to its economic benefits with environmental, social and governance considerations. Due to its appeal of bringing both sustainability-positive outcomes and investible returns, it is perceived as one of the tools mobilizing capital from the private sector, thereby, filling financing gaps that government funds and development assistance may not be able to fully provide.
INVESTORS sold MacroAsia Corp. shares following news of the company, along with its Chinese partner China Communications Construction Co. Ltd. (CCCC), being awarded the contract to develop Sangley airport in Cavite.
MORE THAN 200,000 Filipinos in Metro Manila made it past the poverty threshold in 2018, according to new data derived from poverty incidence estimates by the Philippine Statistics Authority (PSA).
THE PHILIPPINE ECONOMY likely grew in the fourth quarter at its fastest pace for 2019 on the back of robust household spending and a rebound in government spending, but not enough to hit its full-year goal, BusinessWorld’s latest poll of economists showed.
DESPITE investors unloading shares of Jollibee Foods Corp. for the majority of 2019 due to profitability concerns, the stock may once again be back on the shopping list with one analyst saying the current stock price is already at a bargain.
PHILIPPINE COMPANIES continued to record double-digit earnings in 2018 despite last year’s challenges that included the almost runaway inflation that contributed to deceleration of the domestic economy and external risks.
THE COUNTRY’s biggest banks were less profitable last quarter even as growth in assets and capacity to absorb risky assets improved.
LOCAL financial markets performed well for the most part in the third quarter, buoyed by positive developments at home amid a slew of uncertainties abroad.
SEMIRARA Mining and Power Corp. (SMPC) was among the most actively traded stocks last week, after the Department of Energy (DoE) issued a suspension of Consunji-led company’s coal trading activities for one month and coal mining operations due to a mudflow incident in Semirara island.
AYALA-LED Bank of the Philippine Islands (BPI) was among the most actively traded stock last week as investors take cue from the lender’s good third-quarter earnings.
YIELDS ON government securities (GS) fell almost across-the- board last week following the release of slower-than-expected inflation data for September.
INFLATION as experienced by low-income families, cooled further in August to its slowest rise in nearly three years, according to the Philippine Statistics Authority (PSA).
REVENUE across all industries grew in the second quarter, albeit at a slower pace compared to a year ago, the Philippine Statistics Authority (PSA) reported yesterday.
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