Recent Posts

Most Filipinos still consider stock trading a big gamble

By Jerry Maglunog Stock trading is not well accepted among majority of the 100 million Filipinos, according to John Mangun, a leading authority in stock trading. “Most Filipinos view stock trading as gamble that’s why so many are not keen on it,” the stock trader said.

Read More »

ANA, UA deal offers low fares for SME execs

All Nippon Airways (ANA) and United Airlines through the Asia Joint Venture (JV) Simple program will provide a complimentary corporate travel program that aims to support small- and medium-sized enterprises (SMEs) based in Indonesia, the Philippines, Singapore, Taiwan, Thailand, and Vietnam when their employees travel on business.

Read More »

ATR Kim Eng named best broker

Maybank ATR Kim Eng Securities Inc. (MATRKE Securities) was again awarded the Philippines’ Best Broker by FinanceAsia in its Country Awards for Achievement 2015, an annual look at the best financial services firms in each country around the region.

Read More »

WB exec notes growth becomes more inclusive

The World Bank (WB) has noted that growth in the Philippines is becoming more inclusive. “The Philippines now has achieved macroeconomic stability. It has had high growth rates for quite a number of years and more recently, that’s the important point, it is starting to show the kind of growth which is more inclusive,” WB Philippines lead economist Rogier van …

Read More »

NCCA, GSIS deal paves way for Met restoration

By Riza Lozada The National Commission for Culture and the Arts (NCCA) took custody of the Manila Metropolitan Theater (Met) after the signing of a deed absolute sale with state pension fund Government Service Insurance System (GSIS).

Read More »

Banks prepare for yuan as next world currency

By Jerry Maglunog Yuan, the Chinese currency, is set to become a dominant tradable currency in the world like the US dollar and Philippine banks must be ready for this eventuality, Bankers’ Association of the Philippines (BAP) President Lorenzo Tan said.

Read More »

South Korea cuts key rate amid MERS backlash

Seoul, South Korea—South Korea’s central bank lowered its key interest rate to a historic low on Thursday, responding to a slump in exports and the prospect that the outbreak of the deadly MERS virus could slow the economy.

Read More »

US House rejects Obama on trade authority

Washington—The US House of Representatives sidetracked a high-profile White House-backed trade bill, a blow to a pending Asian trade deal and a humiliating defeat for President Barack Obama inflicted by members of his own party.

Read More »