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THE GROWTH of banking stocks during the quarter accelerated, an uptrend which analysts attribute to lenders’ impressive corporate earnings. For this year, they also signalled an “overweight” on the sector, amid favourable interest rate environment and sustained strong economic fundamentals. (17-0)
THE GROWTH of banking stocks during the quarter accelerated, an uptrend which analysts attribute to lenders’ impressive corporate earnings. For this year, they also signaled an “overweight” on the sector, amid favorable interest rate environment and sustained strong economic fundamentals. (17-0)
SHARE PRICES closed higher on Tuesday, just short of the 8,600 level, after a dip in US bond yields fueled investor confidence in the equities markets. (17-0)
At first there were bureaucracies, endless subsidies, and new taxes; second were price hikes due to the new taxes; third, monetary control measures to minimize price hikes; and fourth, investment funds react to these monetary controls, especially regarding the exchange and interest rates. (1-0)
PHILIPPINE EQUITIES are unlikely to return to bear territory for some time despite volatility in global markets, with the country’s long-term economic growth prospects remaining intact against a backdrop of normalizing interest rates and mounting inflation pressure, stock market analysts said on Tuesday. (5-0)
AFTER days of flirting with the 9,000 level, the Philippine Stock Exchange index (PSEi) finally broke past this mark to reach its eighth record high for 2018, fueled by optimism on the positive economic figures released this week. (5-0)
AS CONSUMERS take on the burden of higher sales taxes, there is lingering uncertainty over the impact of the tax reform program on consumption — a key growth engine of the economy. (6-0)
SPIRITS ARE HIGH following Philippine stocks’ stellar run in 2017, with the tax reform program and sustained strong economic momentum stoking bullish sentiment for the new year. (5-0)
MANILA, Philippines — The National Privacy Commission (NPC) is investigating the possible personal data breach sustained by COL Financial Group Inc., the leading online stock brokerage firm.
MAU Dizon, a marketing officer in one of the largest Philippine banks, is among millions of Filipino taxpayers who stand to benefit from President Rodrigo R. Duterte’s tax reform plan that aims to return to consumers P860 billion ($17 billion) over five years. (9-0)
Employees load up shopping carts at a supermarket in Paranaque city, Manila October 31, 2016. — Reuters picMANILA, Oct 11 — Mau Dizon, a marketing officer in one of the largest Philippine banks, is among millions of Filipino taxpayers who stand to benefit from President Rodrigo Duterte’s tax reform plan that aims to return to consumers 860 billion pesos (US$17 billion or RM70.9 billion) over five years. (9-0)
SM PRIME Holdings, Inc. is set to open its first mall in the Cagayan Valley region on Thursday, completing its target of adding five shopping malls to its portfolio for 2017. (11-0)
THE PHILIPPINE Stock Exchange index (PSEi) rocketed to another record high on Monday, stopping less than six points short of the 8,300 mark as investors continued to ride optimism over the economy’s growth prospects and strength of the bourse’s counterparts abroad.
COL founder and chair Edward Lee (center) with COL vice chair Alexander Yu (left) and president Conrado Bate (right).
MANILA, Philippines - Daiwa Securities Group Inc., Japan’s second largest brokerage company after Nomura Securities, has acquired a 14.9-percent stake in businessman Edward Lee’s COL Financial Group Inc., the top online brokerage company in the country.