As the outlook on the country’s economy continues to be bright while interest rates remain thin, Filipinos are now able and willing to spend more this year, benefiting food manufacturers, retailers and mall operators.
The steep rise and fall of BW Resources Corp.’s stock prices may now be a thing of the past, but 10 years after the charging of the culprits, the biggest stock scandal in the country remains a telling reminder of the importance of good corporate governance.
The seemingly endless deluge of mostly dreary economic figures such as growing unemployment and weak manufacturing output from across Europe reinforced the view that the road to the region’s recovery remains long and winding.
For dividend-oriented stock investors, the rest of 2012 has a lot of promise as many analysts project stable, if not higher, payouts from listed companies.
MANILA, Philippines—The Philippine trust industry has hit the P2-trillion mark in assets under management as some of the wealth created by one of Southeast Asia’s fastest-growing economies find their way into higher-yielding financial instruments. It’s a fee-based business involving assets that have become nearly as large as the consolidated lending portfolio of the country’s commercial [...]
