Advertisements


Economic managers slash 2018 growth target

The Development Budget Coordination Committee (DBCC) yesterday slashed the Philippines’ economic growth target due to “new realities” in both the local and international landscape, including high domestic inflation, rising global oil prices, and tightening monetary policy in advanced economies......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

No more rate hikes possible in 2018

The Bangko Sentral ng Pilipinas may take a breather after raising interest rates by a total of 150 basis points in four consecutive rate-setting meetings since May to anchor rising inflationary expectations......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

Stocks, peso bounce back as inflation fears ease

The benchmark Philippine Stock Exchange index (PSEi) ended in positive territory yesterday, but volume was too low indicating that market investors are still risk averse and still waiting for inflation to stabilize......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

Higher fuel surcharge in air fares looms

Airline passengers could see even higher fares in the next two months should local airlines opt to increase the fuel surcharge......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

Finance chief raises concerns as global economy struggles

The Department of Finance (DOF) has raised its concern over several adverse developments in the global economy which could impede the growth of developing economies and lead the way to global recession......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

PSBank raising P8 billion via stock rights offer

Philippine Savings Bank is raising as much as P8 billion through the sale of shares to existing shareholders in the first quarter of next year......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

DoubleDragon, MyHealth ink deal for clinics at CityMalls

DoubleDragon’s CityMall Commercial Centers Inc. has partnered with MyHealth Clinics which will pave the way for the establishment of medical centers across Luzon, Visayas and Mindanao......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

Marina halts operations of 4 local shipping firms

The Maritime Industry Authority has issued a cease and desist order against four local ship operators due to minor shipping violations......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

Hyundai investing P1.2 billion to expand Philippine dealership

The official distributor of Hyundai vehicles in the country is investing P1.2 billion this year until 2020 to expand its dealership and grow its commercial vehicle business......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

ABS-CBN to stop mobile service by end-November 2018

ABS-CBN Corp.’s mobile service will see its five-year operations officially come to a close by the end of next month, the broadcast giant announced yesterday......»»

Source: Philstar PhilstarCategory: Finance10 hr. 8 min. ago Related News

Hans Brumann: The jeweler as an artist

HANS BRUMANN is a jeweler first and a visual artist second, but this is a pragmatic stance. “Jewelry making is my bread and butter, but I multitask now — everything that has to do with design, I love,” he told BusinessWorld. The post Hans Brumann: The jeweler as an artist appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News

BSP tightens standards for savings, loan associations

THE CENTRAL BANK is tightening rules covering non-stock savings and loan associations (NSSLAs) by capping service fees and requiring risk management protocols to enhance oversight. The post BSP tightens standards for savings, loan associations appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News

Quantifying the arts

ART HEALS, literature enriches vocabularies and our sense of empathy, and theater helps children develop their imagination and creativity. But these truths aren’t quantifiable — or not quantified yet — which makes it hard for the government to see the positive impact and contributions of art and culture to economic development. The post Quantifying the arts appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News

PSBank looks to raise P8 billion via stock rights offer in Q1 2019

PHILIPPINE SAVINGS Bank (PSBank) is set to raise approximately P8 billion through a stock rights offer (SRO) next quarter to support its growth. The post PSBank looks to raise P8 billion via stock rights offer in Q1 2019 appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News

Bring on the pain: strategists say go defensive in Southeast Asian stocks

SINGAPORE — With a little less than a quarter left of a year that’s already witnessed a trade war between the world’s two largest economies, higher oil prices and a still ongoing emerging-markets rout, what’s an investor in Southeast Asia to do? The post Bring on the pain: strategists say go defensive in Southeast Asian stocks appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News

Petron completes sale of P20-billion fixed-rate bonds

PETRON CORP. has completed the sale of the P20-billion second tranche of its peso-denominated fixed rate bonds last week, the listed oil refining and distribution company told the stock exchange on Tuesday. The post Petron completes sale of P20-billion fixed-rate bonds appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News

Nam June Paik and technology as a canvas

Nam June Paik and technology as a canvas The post Nam June Paik and technology as a canvas appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News

The politics of the barong Tagalog

WHO WEARS the barong Tagalog most often? Presidents and other political figures. Using the national men’s shirt as her metaphor and metonymy for politicians, artist Ninel Constantino unpacks the meanings and messages of the garment in her solo exhibition, Facade. The post The politics of the barong Tagalog appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News

Smart says proposed common tower policy violates its franchise

SMART Communications, Inc. said the proposed policy on common towers violates its legislative franchise, which gave PLDT, Inc.’s wireless unit the right to build its own telecommunications towers. The post Smart says proposed common tower policy violates its franchise appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News

DoubleDragon partners with Equicom for clinics at CityMalls

DOUBLEDRAGON Properties Corp. said it has partnered with the operator of MyHealth Clinics to open medical clinics in its community malls. The post DoubleDragon partners with Equicom for clinics at CityMalls appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance11 hr. 21 min. ago Related News