Business

Riza Lozada Trade chambers led by the American Chamber of Commerce in the Philippines have sought  a  long  term  roadmap  that  will  enable  the  Philippines  to  move  up  the  global  business  and  competitiveness  ladder particularly  with  the  advent  of  ASEAN  integration  and  forthcoming  foreign trade agreements (FTAs)  such  as  the  Trans  Pacific  Partnership  (TPP).

Riza Recio Asia-Pacific Economic Cooperation (APEC) member countries can emulate the Philippines initiative on credit surety fund that allows cooperatives to borrow 10 times of their minimum P100,000 contribution, Bangko Sentral Ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo said last Friday during the culminating event of the APEC Finance and Central Bank Deputies’ Meeting after the two-day discussion held in …

The bourse index surged to a fresh all-time high last Friday, its 19th record for this year, on the back of good earnings reports and tracking the uptrend in the United States market.

Listed International Container Terminal Services Inc. (ICTSI) reported a consolidated profit of $182 million, up six percent from the $172.4 million profit a year ago.

Jerry Maglunog Most rural banks (RBs) collapse due to mismanagement and cruel dynasty led by kin who run the bank, according to Sen. Sergio Osmena III, chairman of the Senate Committee on Banks and Financial Institutions.

Beijing — China announced a lower economic growth target for this year and promised to open more industries to foreign investors as it tries to make its slowing, state-dominated economy more productive.

Riza Lozada The Philippines does not plan to revise soon its existing rules on bank deposit secrecy, according to the Bangko Sentral Ng Pilipinas (BSP).

Riza Lozada The Mindanao grid is considered power deficient for the second straight month due to plant outages causing millions of pesos in business losses.

Mass housing leader 8990 Holdings Inc. seeks to raise up to ₱9 billion in fresh funds from a retail bond offering to further fund its expansion plans.

Volatilities in the global market remains a normal thing for now due to the looming interest rate normalization in the US on one hand and the implementation of the additional stimulus program in the euro zone and in Japan on the other.