Recent Posts

Asian bond yields rise mirror bright prospects

Bond yields in most emerging East Asian markets rose between June 1 and August 15 to reflect improving growth prospects in both emerging East Asia and globally, according to the Asian Development Bank’s (ADB) latest Asia Bond Monitor.

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MB keeps inflation targets for 2 years

Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) maintained its 2017-18 inflation projection but slightly hiked the 2019 figure given the developments in oil prices and weakness of the peso, among others.

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PSE retains 30 benchmark scrips

By Riza Lozada  The Philippine Stock Exchange index (PSEi) composed of 30 blue chips will not see any changes based on the review covering the trading period from July 2016 to June 2017, the PSE said. 

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BoI steps up drive to inform investors

The Board of Investments (BOI), the industry and investment promotion arm of the Department of Trade & Industry (DTI), has pursued its campaign to raise the awareness level of its stakeholders on the latest government investment policies, regulations, and procedures as it conducts the third BOI Investment Awareness Seminar To Strengthen The Investors and Stakeholders (BOI ASSIST) recently at the …

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Chelsea backs Marina order on imported vessels

Listed Chelsea Logistics Holdings Corp. (CLC) expressed its support to regulator Maritime Industry Authority’s (MARINA) Circular 2017-04 or the Rules on Importation of Passenger Ships, which was issued by the MARINA Board last July 13 that seeks to assure the seaworthiness of local vessels. 

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Financial agencies team up to spur debt market

By Riza Lozada  The Bangko Sentral ng Pilipinas (BSP), the Department of Finance (DOF), the Securities and Exchange Commission (SEC), and the Bureau of the Treasury (BTr) launched a joint initiative to spur the development of the domestic debt market. 

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Teachers back approval of tax reform bill

The Philippine Public School Teachers Association (PPSTA) has backed the proposed Tax Reform for Acceleration and Inclusion Act (TRAIN), which it considered as a “beneficial” tool that will uplift not only the economic status of teachers but also their dignity and morale as well. 

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Chelsea profit surged 93% to P400M in H1

By Riza Lozada Listed domestic liner operator Chelsea Logistics Holdings Corp. (CLC) sailed through the first half of the year with a 93-percent surge in earnings, as it realized the full benefit of deploying vessels acquired in late 2016 and those previously drydocked as well as recognized its share in the earnings of 2GO Group, Inc. 

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