The Bureau of Treasury (BTr) reaffirmed the statement of the Department of Finance (DoF) that it will temporarily halt offshore borrowing for the rest of the year, citing the very liquid domestic market and high confidence of investors to government securities (GS).National Treasurer Lea de…
As South-South trade continues to grow, more companies in developing countries will adapt and innovate with products and processes that are better suited to local needs.The 2013 Human Development Report ‘The Rise of the South’ recently released by the United Nations Development Program and sent…
Local share prices rebounded from two-day losses on expected consolidation and Wall Street overnight rally.The bellwether Philippine Stock Exchange index (PSEi) advanced 35.18 points to end 7,181.30 from Tuesday’s 7,146.12 finish.The broader All Shares index also increased 11.93 points to 4,473.62.“I think the market will…
Ayala Land Inc. (ALI), the real estate arm of Ayala Corp., booked a 30-percent increase in net income in the first quarter of 2013 propelled mainly by robust earnings of its real estate and hotels businesses.ALI said profit reached P2.76 billion from P2.13 billion recorded…
Cement demand growth slowed to 3.4 percent in the first quarter of 2013 as the sector was coming from a very high base with the record volumes registered last year, according to the Cement Manufacturers Association of the Philippines.Despite the slowdown, leading cement maker Holcim…
Commentaries
Zambian government risks ire,scraps key …
18-05-2013 AFP
LUSAKA, Zambia — A decision by Zambia’s president to sl...
Myanmar’s ‘old man’s land’ seeks new lea…
16-05-2013 AFP
Ywarthit, Myanmar — They call it “Old Man’s Land” — rav...
Where UNA failed
16-05-2013 Charlie V. Manalo
I should have written this article a long time ago only...
False prophets of doom
16-05-2013 Louie Logarta
Mindanao, according to not a few keen economic minds, i...
Stock Market
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Business
Recap only way for BSP to reco…
Former Finance official and a world-renowned economist for Global Source, a global think tank, …
Ex-finance chief to rate team …
Former Finance Secretary Margarito “Gary” Teves is set to give a sharp, no nonsense evaluation …
Metrobank income up 163% in 1s…
Metropolitan Bank and Trust Co. (Metrobank) reported unaudited consolidated net income of P11.4…
Local bourse at record high an…
Philippine stock market closed at a record high for the third straight day yesterday , its 31st…
ATI net income improves 13.1% …
Port operator and investor Asian Terminals Inc. (ATI) reported a net income of P396.1 million f…
ABS-CBN to raise P4B in new eq…
Capital International Private Equity Fund VI, L.P. and affiliated funds (CIPEF) agreed to subsc…
Spi Global lands in world’s to…
SPi Global, the Philippines’ most recognized business process outsourcing (BPO) company, has ag…
S&P forecasts higher GDP g…
A new report released yesterday claimed Standard & Poor’s (S&P) Ratings Services has ma…
Value chain beneficial for dev…
The development of value chain offers an opportunity for developing countries and their small a…
Study needed to declog NAIA
Department of Transportation and Communications (DoTC) Secretary Joseph Emilio Abaya declined t…
Sterling Bank introduces ShopN…
As bank depositors think about their security, Sterling Bank of Asia said it is not being left …
URC sales grow 14.8% in first …
Universal Robina Corp. (URC) reported a 14.8 percent sales growth for the first half of fiscal …
Globe postpaid subscriber base…
Led by its fully-customizable postpaid plans and the most competitive smartphone offers, Globe …
RP must ensure energy security…
The European Chamber of Commerce of the Philippines (ECCP) welcomes the country’s secondd credi…
Prepaid travel cards safer tha…
More than half of business and leisure travelers in the Philippines find it inconvenient to car…