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Oct. sees less jobs, but quality improves

2017-12-12 bworldonline
THE RANKS of jobless Filipinos grew in October, but job quality saw the biggest improvement in more than a decade, according to latest labor data which the government released on Tuesday. (4-0)

October trade gap biggest on record as imports outpace exports in growth

2017-12-12 bworldonline
FOREIGN SALES of Philippine goods grew for the 11th straight month last October, but the double-digit increase in merchandise imports drove the monthly trade gap to its biggest on record, the government reported yesterday. (4-0)

Factory output expansion slowest in nearly 6 years

2017-12-12 bworldonline
INDUSTRIAL PRODUCTION saw its biggest drop in almost six years in October, the Philippine Statistics Authority (PSA) reported yesterday. (4-0)

Tax reform watch weighs on investor sentiment

2017-12-12 bworldonline
ANY OPTIMISM over the Philippines’ credit rating upgrade on Monday by Fitch Ratings evaporated yesterday, as investors awaiting Congress’ ratification of tax reforms made the Philippine Stock Exchange index (PSEi) end three days of gains. (20-0)

Foreign investments surge 62% in September

2017-12-12 philstar
MANILA, Philippines — The Philippines continued to book higher foreign direct investments (FDIs) for the fifth straight month, surging 61.8 percent in September on the back of the country’s strong macroeconomic fundamentals and high growth prospects. (4-0)

FDIs steady year to date as September flows surge

2017-12-12 bworldonline
FOREIGN DIRECT INVESTMENTS (FDI) to the Philippines surged in September amid sustained optimism from offshore investors, with both intercompany lending and equity capital picking up from a year ago, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. (4-0)

FDI jumped 61.8% to $754 million in September

A 61.8-percent jump in net inflows of job-generating foreign direct investment (FDI) in September to $754 million narrowed the year-on-year decline in the nine-month tally, the latest Bangko Sentral ng Pilipinas (BSP) data released Monday showed. (14-0)

Yields on government securities steady ahead of Fed

2017-12-10 bworldonline
YIELDS on government securities (GS) traded in the secondary market were flat last week amid anticipation of a Federal Reserve rate hike, US tax reform developments and the government’s retail Treasury bond offer results. (4-0)

PSEi climbs to 8,300

The local stock barometer surged to the 8,300 level on Friday as investors took heart from the recent progress in US tax legislation. (14-0)

SE Asian builders to reap gains from $323-B spree

2017-12-07 bworldonline
With at least $323 billion in infrastructure spending in the pipeline in Southeast Asia and potentially more expected over the next few years, 2018 could well shape up as the year of builders’ stocks from Indonesia to the Philippines that have been the laggards in a broader market rally this year. (99-1)

Move over tech, South-east Asian builders come in 2018 focus

2017-12-07 themalaymailonline
Prime Minister Datuk Seri Najib Razak visits the KL-Singapore HSR Gallery at the Malaysia International Trade and Exhibition Centre in Kuala Lumpur October 17, 2017. ― Picture by Yusof Mat IsaSINGAPORE, Dec 7 — With at least US$323 billion (RM1.31 trillion) in infrastructure spending in the pipeline in South-east Asia and potentially more expected over the next few years, 2018 could well shape up as the year of builders’ stocks from Indonesia to the Philippines that have been the laggards in a broader market rally this year. (99-0)

Local stocks track regional downturn

The local stock barometer returned to the doldrums on Wednesday, tracking a regional slump partly caused by a rout in commodities. (18-0)

PSEi firms up at 8,100

The local stock barometer firmed up above the 8,100 level on Tuesday as investors scouted for bargains after a five-day selldown. (19-0)

BTr names top market makers

2017-12-04 philstar
MANILA, Philippines — The Bureau of the Treasury has named the 10 “market makers” under its Enhanced Government Securities Eligible Dealers (GSED) program as it rolled out the repurchase (repo) market for banks. (14-0)

Investors swarm P255-B RTB offer

2017-12-04 philstar
MANILA, Philippines — The government issued yesterday P255.4 billion worth of retail Treasury bonds (RTBs) at a fixed rate of 4.625 percent, the Bureau of the Treasury (BTr) said. (11-0)