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08/02/2022

Local equities surged as optimism returned on the back of easing of alert levels in the Metro.

SHARES are seen to move sideways following the rebalancing of the index and the rise in oil prices, as well as anticipation of the start of the campaign period for this year’s national elections.

02/12/2021

“This is leading to a gradual improvement in domestic demand and widening improvement in manufacturing activity in the fourth quarter,”

THE PHILIPPINES is likely to grow by 5% this year, boosted by the stronger-than-expected rebound in the third quarter, according to S&P Global Ratings.

12/10/2021

The Philippine stock index staged a huge jump on Monday and settled above the 7,100 territory amid hopes on the improving pandemic situation in the country.

The Philippine stock index staged a huge jump on Monday and settled above the 7,100 territory amid hopes on the improving pandemic situation in the country.The 30-member Philippine...

21/07/2021

"The improving macroeconomic backdrop is seen to support a 25-percent growth in full-year corporate earnings, that will allow the main-share Philippine Stock Exchange index (PSEi) to climb to at least 7,400 to as high as 7,800 by year-end."

After a rough start this year, the Philippine economy is seen regaining lost ground and is likely to attain a full-year growth of 5-6 percent, in turn perking up corporate earnings and stock

16/06/2021

An economist forecasts further jump in the local bourse’s main index following S&P Global Ratings’ affirmation of its investment-grade rating of ‘BBB+’, with stable outlook, for the Philippines.

MANILA – An economist forecasts further jump in the local bourse’s main index following S&P Global Ratings’ affirmation of its investment-grade rating of ‘BBB+’, with stable outlook, for the Philippines.“There could still be some upside in the stock...

03/06/2021

Philippine shares jumped more than 3% on Wednesday, with sentiment across Asia lifted by a pick up in U.S. manufacturing, but the region's currencies came under pressure as the data boosted the dollar on rising bets for policy normalisation.

03/06/2021

It said 12 out of 17 collection districts exceeded their collection targets for the month: the ports of Batangas, Cagayan de Oro, Clark, Davao, Iloilo, Legaspi, Manila, San Fernando, Subic, Surigao, Tacloban, and the Manila International Container Port.

THE Bureau of Customs (BoC) exceeded its collection target in May by 6.6% after collecting P49.334 billion on the strength of a revised import valuation system, and improved volumes, the agency said in a statement Wednesday.

10/05/2021

Economists, however, see diverging prospects for the second quarter and the rest of the year amid uncertainty over the COVID-19 pandemic.

Philippine gross domestic product likely declined at a slower pace in the first three months of 2021 compared with the previous quarters, a BusinessWorld poll showed, as a renewed surge in coronavirus infections and a stricter lockdown imposed in Metro Manila and adjacent provinces dampened recovery.

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02/05/2021

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27/04/2021

Despite the ECQ and MECQ this 2021, The National Economic and Development Authority (NEDA) is sticking to the 6.5- to 7.5-percent growth target for the Philippine economy this year.

The National Economic and Development Authority (NEDA) is sticking to the 6.5- to 7.5-percent growth target for the Philippine economy this year. “We have a target of 6.5 to 7.5 percent this year and we are still early in the year I think to make changes. We have not yet seen the impact of the [.....

22/04/2021

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21/04/2021

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