Philippines’ Panda bonds rated ‘AAA’ by top Chinese credit rating agency
March 12, 2018
A major Chinese credit rating agency has given the Philippines’ planned issue of some RMB 1.46 billion-worth of “Panda bonds” its highest rating of ‘AAA’ with a stable outlook, citing the country’s “strong and consistent economic growth,” low level of
Consortium asks gov’t to speed up approval of P350b offer to expand NAIA
March 11, 2018
Seven of the country’s largest conglomerates want the government to speed up approval of its P350 billion offer to expand the Ninoy Aquino International Airport (NAIA). “The present approval process takes time, months to more than a year. The country
Stocks’ early gains fizzle out
March 9, 2018
Stocks ended the week lower on Friday after early gains dissipated. The Philippine Stock Exchange index finished at 8,372.51 points, down 9.34 points. In the broader market, there were 125 gainers, 82 decliners and 54 unchanged. Volume reached 2.57 billion
Train Law not cause of most commodity price increases: Dominguez
March 9, 2018
DAVAO CITY – Finance Secretary Carlos Dominquez III on Friday took exceptions to allegations that price increases early this year were triggered by the implementation of the Tax Reform for Acceleration for Inclusion (Train) Law. “The most part of the increases in
Stocks lower, peso at P52.03:$1
March 8, 2018
Stocks ended lower on Thursday, a day after breaking a series of declines. The Philippine Stock Exchange index closed at 8,381.85, down 22.84 points. In the broader market, there were 118 gainers, 85 decliners and 61 unchanged. Volume amounted to
PLDT 2017 net income down 33% to P13.4 billion
March 8, 2018
PLDT Inc. on Thursday reported a 33 percent drop in net income last year, mostly due to modernizing its network. Net income amounted to P13.4 billion last year from P20.16 billion in 2016. In the fourth quarter, PLDT reported a net loss of
February gross international reserves reach $80.6 billion
March 7, 2018
Foreign exchange reserves in February went down to $80.6 billion from the previous month’s $81.2 billion due to outflows from foreign exchange operations of the Bangko Sentral ng Pilipinas, debt payments by the national government and revaluation adjustments on the
PSE index ends five-day decline
March 7, 2018
The Philippine Stock Exchange index ended a five-day decline as it ended 44.47 percent higher to 8,404.19 on Wednesday. In the broader market, there were 113 decliners, 100 gainers and 48 shares unchanged. Volume reached 2.42 billion worth P8.63 billion
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
