Stock index ends week at new all-time high
October 13, 2017
The Philippine Stock Exchange index ended at a new record for the fourth time in a week as it closed 45.13 points higher to 8,447.94. But in the broader market, there were 106 decliners, 91 gainers and 45 issues unchanged.
PCC approves Qualcomm acquisition of Philippine electronics firm’s parent company
October 13, 2017
The Philippine Competition Commission (PCC) has approved Qualcomm River Holdings’ acquisition of shares in NXP Semiconductors, the government agency said in a statement on Friday. Qualcomm River is a subsidiary of Qualcomm, Inc., a leading manufacturer of chipsets and other
Rehabilitation of Agus-Pulangi among proposals to China for possible financing
October 13, 2017
Finance Secretary Carlos Dominguez III said Friday he and the other members of the President’s economic team had briefly discussed with Chinese officials the second basket of projects for possible ODA financing, which include the Agus plants. “We discussed also
Foreign portfolio investments yield net inflows in September: central bank
October 12, 2017
Registered foreign portfolio investments for September reached $1.30 billion, higher by 38.5 percent and 1.8 percent than the $936 million and $1.27 billion recorded in August and September last year, the Bangko Sentral ng Pilipinas said Thursday. This may be
(UPDATE) Stock index finishes at new all-time high
October 12, 2017
The Philippine Stock Exchange (PSE) index soared to a new record high on Thursday. The PSE index gained at 44.34 points to touch an all-time high of 8,402.81 from previous close of 8,358.47 on October 10. “The fact the record
Stock index ends at another all-time high
October 12, 2017
Philippine stocks finished at a new all-time record for the third time in four days, with the key index finishing above a key level on Thursday. The previous all-time high was 8, 398.04. on October 10 The Philippine Stock Exchange
Stocks retreat from record close
October 11, 2017
Stocks ended lower on Wednesday, ending two days of record setting finishes by the Philippine Stockj Exchange index. The index closed 39.87 points lower to 8,358.47. In the broader market, there were 97 decliners, 90 gainers and 56 shares unchanged.
DOF says JTI takeover of Mighty to raise ‘sin’ tax take by P40b in 2018
October 11, 2017
The government stands to gain almost P40 billion in additional revenues from the “sin” tax on tobacco products starting in 2018, following the move by Mighty Corp, to settle its tax liabilities and sell its assets to Japan Tobacco Inc.
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