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Most South-east Asia stocks gain, Philippines drops to six-month low

5h themalaymailonline
Philippine shares are the region's only losers, retreating 1 per cent. — AFP picSINGAPORE, March 21 — Most South-east Asian stock markets recovered today ahead of the US Federal Reserve's rate decision and outlook, while the Philippines extended its losses to hit the lowest in more than six months. (10-0)

Spooked investors dump stocks; PSE index at lowest for the year

The local stock market officially entered the correction phase on Tuesday, with the index losing over 10 percent of its value from the recent peak, as an overnight bloodbath in Wall Street unnerved investors. (21-0)

BDO chief reelected for 3rd term as BAP president

18h bworldonline
THE BANKERS Association of the Philippines (BAP) reelected its current president Nestor V. Tan for another term. (5-0)

BDO president re-elected as head of BAP

2018-03-20 bworldonline
The Bankers Association of the Philippines (BAP) re-elected its current president Nestor V. Tan for another term. (5-0)

South-east Asia stocks fall on looming worries of US-China trade spat

2018-03-15 themalaymailonline
Philippine shares hit a more than three-month low on broad-based losses. — Reuters picSINGAPORE, March 15 — Most South-east Asian stock markets lost ground today, tracking Wall Street overnight, as trade war fears intensified on reports U.S. President Donald Trump would seek fresh tariffs on imports from China. (10-0)

Batad’s ‘pinayt,’ ‘inasinan,’ ‘alamang’–‘bagoong’ gets spotlight in Doreen Gamboa Fernandez Food Writing Award for 2017

Is this the Bagoong of the Mountains?” That title was certainly enough to make the judges curious, but the writing also turned out to be more than enough to bag first place for essay in the Doreen Gamboa Fernandez Food Writing Award (DGF) for 2017. (5-0)

SE Asia stocks fall ahead of US inflation data

2018-03-13 themalaymailonline
The Singapore index rose slightly, helped by gains in Capitaland Mall Trust and DBS Group Holdings Ltd, which were up 0.5 per cent and 0.9 per cent, respectively. — AFP picSINGAPORE, March 13 — Most South-east Asian stock markets fell today, in line with Asian peers, as investors worried that a higher-than-expected US inflation print would hasten the (10-0)

Mandated lending concerns

2018-03-08 bworldonline
Nestor V. Tan, BDO Unibank, Inc. president, gave a very incisive talk to the FINEX general membership recently on the state of the banking industry in the Philippines. He discussed the need for balance in the approach to the regulation of the industry which has seen a major shift in priorities. Prior to the global financial crisis, regulations encouraged economic growth over stability. The present state has shifted towards the other extreme, with the need to ensure stability taking precedence over growth. (5-0)

South-east Asia stocks rise on hopes of exemptions in US tariff plan

2018-03-08 themalaymailonline
The Edit: These are the cars in the running for World Car of the Year 2018 (18-0)

12 richest Pinoys have P2.9 trillion

With an estimated net worth of $20 billion, SM founder Henry Sy Sr. remains the richest among the tycoons from the Philippines who made it to Forbes magazine’s latest annual list of the wealthiest people on the planet. (76-0)

Henry Sy, 11 other tycoons from PH, among the world’s richest

A dozen tycoons from the Philippines, Henry Sy Sr. who founded the storied SM group, are among the wealthiest people on the planet, based on Forbes magazines’ 2018 list of billionaires. (44-0)

RCBC upsizes MTN program to $2 billion to raise more capital

2018-03-05 bworldonline
In a disclosure to the local bourse on Monday, the Yuchengco-led RCBC said it has expanded its medium-term program to $2 billion from the previous $1 billion, as approved by its board on Jan. 29. (5-0)

South-east stocks fall as trade war fears dampen global risk appetite

2018-03-05 themalaymailonline
Philippine stocks are down 1pc, pulled down by index heavyweights — File picSINGAPORE, March 5 — Most South-east Asian stock markets fell today, following weakness in Asian and global shares, after US President Donald Trump's pledge last week to impose tariffs on steel and aluminium imports sparked fears of a possible trade war. (10-0)

South-east Asia stocks subdued, US rate hike fears prompt risk aversion

2018-03-01 themalaymailonline
Singapore shares fell as much as 1 per cent to their lowest in more than a week. — Reuters picSINGAPORE, March 1 — South-east Asian stock markets were subdued today as Wall Street's slide overnight and revived fears of a rise in US interest rates dented risk appetite. (17-0)

SM group 2017 profit rises by 6%

The country’s largest conglomerate SM Investments Corp. grew its net profit last year by 6 percent to P32.9 billion on higher earnings from its property and banking businesses. (22-0)