Home Tags Mark T. Amoguis
Tag: Mark T. Amoguis
MANUFACTURING output declined once more in October, extending its streak to eleven months, the government said Thursday.
ONE doesn’t tend to think about where the modern conveniences of life come from. Among the things we take for granted is the dependence on electricity in day-to-day living.
GOKONGWEI-LED Universal Robina Corp. (URC) was among the most traded stocks last week as investors started to unload some of their shares after the company’s third-quarter earnings fell below expectations.
NEWS on Jollibee Foods Corp.’s increased investment in the owner of the Asia Pacific master franchise for Tim Ho Wan drove market activity for the former’s stock last week.
YIELDS ON government securities (GS) went sideways last week as the trade spat between the United States and China eased ahead of the meeting between the two countries’ trade deputies.
PLANS OF Metro Pacific Hospital Holdings, Inc. (MPHHI) to embark on an P83.3-billion maiden share sale drove the stock movement of parent Metro Pacific Investments Corp. (MPIC) last week.
INFLATION clocked in at its slowest pace in three years in August amid a softer increase in food prices, particularly rice, the Philippine Statistics Authority (PSA) reported on Thursday.
FACTORY OUTPUT once again declined in July, extending its contracting streak to eight straight months, the government reported on Thursday.
THE PESO is likely to perform stronger this week amid expectations of a slower August inflation print.
THE general increase in prices of widely used goods may have slowed further in more than three years due to lower fuel, rice, and power prices in August, the central bank said on Friday.
THE PESO ended stronger on Friday ahead of the first tranche of the planned tariffs by the United States on some Chinese-made goods on Sept. 1.
THE PESO finished stronger on Thursday ahead of an expected downward revision in US economic growth data.
THE Anti-Money Laundering Council (AMLC) is studying the economic effects of a prospective government decision to close down Philippine offshore gaming operators (POGOs), the central bank chief said on Tuesday.
AYALA-LED Bank of the Philippine Islands (BPI) secured on Tuesday a “BBB+” long-term and “A-2” short-term issuer credit ratings (ICR) with a stable outlook from S&P Global Ratings.
UNIONBANK of the Philippines, Inc. wants to issue up to P20 billion unsecured subordinated debt as well as to redeem voluntarily P7.2 billion worth of unsecured subordinated debt due 2025.
THE SECOND PACKAGE of the tax reform program will lift uncertainty over incentives and reverse the slump in foreign direct investment (FDI), a bank economist said Tuesday.
THE PHILIPPINES can be expected to be among Southeast Asian economies least affected by the escalating Sino-United States trade war due to “stronger fundamentals” -- thanks partly to robust construction activity -- and “more limited exposure to global trade,” according to a note of Australia-based BIS Oxford Economics.
THE ANTI-MONEY LAUNDERING COUNCIL (AMLC) has tweaked rules on administrative cases to cover casinos -- including their officers, directors and employees -- and introduced gradation of fines according to gravity of violation.
HONG KONG is one of the Philippines’ bigger investment and trading partners, but a recession there -- as warned last week -- will likely have limited direct impact on the latter’s economy, ranking state as well as private sector economists said in recent interviews.
THE COUNTRY’s external financial position turned around in July from the preceding month and a year ago, fueled by dollar inflows from the central bank’s foreign exchange operations and income from its investments abroad, the Bangko Sentral ng Pilipinas (BSP) said in a press release on Monday.
THE PESO depreciated on Thursday as fears of a global recession gripped financial markets following the inversion of the US Treasury yield curve.
YIELDS ON term deposits dropped further on Wednesday as demand increased after the policy rate cuts implemented by the central bank last week.
THE BANGKO SENTRAL ng Pilipinas (BSP) has received “below 10” applications from banks for adjustments of fees for transactions coursed through automated teller machines (ATM) after the moratorium on such tweaks was lifted last month, a senior official said on Wednesday.