PH debt down 0.5% in August to P17.56 trillion; Govt pays P516.34 billion in bonds
The country’s debt slightly declined as of end-August this year with the government fully repaying of its biggest local bond…
PSEi drops below 6,000 points; Corruption, US issues still plague investor sentiment
Still affected by worries on local corruption and the US economy and policies, the Philippine Stock Exchange index (PSEi) dropped…
Higher inflation seen in September
Inflation will likely settle at 2.1 percent in September, which is higher than the 1.5 percent recorded in August this…
Two ETFs worth HK$1.37 billion (P10.22 billion) listed at Hong Kong Stock Exchange; Gives Asian investors more options
Two new Exchange Traded Funds (ETFs) launched by E Fund Management (HK) Co., Ltd. worth HK$1.37 billion or P10.22 billion…
Gold price seen hitting record this year; Gains more than 40% in past 12 months
The price of gold is forecast to close at a record-high before the end of this year, as investors seek…
Flood control project scandal affects investors; PSEi ends below 6,100 points anew
The issue of anomalous flood control projects continue to affect investor sentiment, resulting in the negative close of the Philippine…
Trump issues order allowing American consortium’s getting control of US TikTok operations
President Donald Trump on Friday (Sept. 26 Manila times) signed an executive order allowing an American consortium to get control…
AMRO says PH govt must make policy shifts to make economy more resilient
The Philippine government must make policy shifts to make the economy more resilient, enabling it to withstand structural headwinds, according…
BPI unit Legazpi Savings Bank (LSB) opens branch-lite units in La Union, Benguet and Cagayan
Bank of the Philippine Islands (BPI) subsidiary Legazpi Savings Bank (LSB) opened three new branch-lite units in northern Luzon to…
Maybank: PH equities ‘undervalued’; But investor sentiment affected by political climate
Philippine equities remain “undervalued” or below their peers in Southeast Asia, according to a latest paper from Maybank Investment Banking…