Stock index down despite foreign buying
January 8, 2019
The main stock index ended lower despite foreign buying stretching to its fourth straight session on Tuesday. The Philippine Stock Exchange index finished 85.54 points lower to 7,702.12. In the broader market, there were 118 decliners, 69 gainers and 44
Philippines issues 10-year US dollar Global Bonds
January 8, 2019
The Philippines returned to the international capital markets by offering $1.5 billion of 10-year Global Bonds, the Bureau of the Treasury said Tuesday. The bond issuance is the first sovereign US dollar bond issuance in 2019. Proceeds will be for
PAL expects deal with potential investor by first half of 2019
January 8, 2019
Philippine Airlines (PAL) on Tuesday said it expects to forge a deal with a strategic investor by first half of 2019 as it expands routes in Asia starting this summer. “We’re targeting first half of the year. We’re talking to
BSP urges public to check banknotes to see if these are genuine
January 8, 2019
The Bangko Sentral ng Pilipinas (BSP) in a statement on Tuesday advises the public to carefully check their Philippine banknotes for identifiable security features to see if they are genuine. On February 13 2018, the Navotas City police arrested two
Cusi urges outlets to follow implementation of fuel excise tax
January 8, 2019
Energy Secretary Alfonso Cusi stressed the urgency for all petroleum retail outlets to follow implementing guidelines on the second tranche of fuel excise tax, or face closure. “The Secretary has been very clear – cooperate, don’t violate. We have been
Bank lending decelerates in November
January 8, 2019
Preliminary data show that outstanding loans of commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas (BSP), grew at a slower rate of 16.8 percent in November, from 18.1 percent in October. Growth in bank
Meralco announces overall power rates in January decreases
January 8, 2019
The Manila Electric Company (Meralco) announced Tuesday overall electricity rates decreased to P9.8385 per kWh in January from December’s P10.1803 per kWh. The downward adjustment of P0.3418 per kWh will mean a decrease of around P68 in the total bill of a
Stock index loses steam but closes higher
January 7, 2019
Stocks gave up its early gains but the key index managed to finish higher on Monday. The Philippine Stock Exchange index, which was up by as much as 130 points in early trading, finished 26.55 points higher to 7,787.66 points.
Latest Videos
- GEORGE SOROS BLASTED THE U S FOR SUPPORTING ISRAEL ON NOT WORKING WITH HAMAS
- WIKILEAKS REVELATIONS SHOW U S ‘IGNORED’ TORTURE FROM THE WAR IN IRAQ
- THE ROOTS OF THE ISRAEL PALESTINE CONFLICT
- TUCKER CARLSON QUESTIONS U.S SUPPORT FOR ISRAEL WAR
- RFK Jr TO RUN FOR PRESIDENT AS INDEPENDENT, DECLARING INDEPENDENCE FROM THE TWO POLITICAL PARTIES
- JAPANESE VIROLOGIST SAYS OMICRON MAY HAVE BEEN MANUFACTURED
- JAPANESE VIEW & FILIPINO BEAUTY
