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Bangko Sentral readies new bank lending rules

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The Bangko Sentral ng Pilipinas INQUIRER.net file photo

The Bangko Sentral ng Pilipinas will release new guidelines on credit-risk management, aiming to boost the accessibility of bank loans to small but viable businesses.

Posted: April 25th, 2014 in Editor's Pick,Headlines | Read More »

Gaming stocks gain, PSEi eases on profit-taking

Most local stocks eased Thursday on profit-taking but gaming stocks bucked the downturn as Hong Kong and the Philippines ended their 2010 hostage-taking row.

Posted: April 25th, 2014 in Editor's Pick,Headlines | Read More »

Cebu Pacific flew 3.74M passengers as of March

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Budget airline Cebu Pacific flew over 3.74 million passengers during the first quarter, an increase of 6 percent from the same period last year, the Gokongwei-led carrier said in a statement Thursday.

Posted: April 25th, 2014 in Editor's Pick,Headlines | Read More »

PH banks not ready for Asean integration

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Standard & Poor's Ratings Services upgraded its outlook Monday, June 10, 2013, for the US government's long-term debt but affirmed its credit rating for the country at AA+.  AP PHOTO/HENNY RAY ABRAMS

Standard & Poor’s said it believed that banks in the Philippines were not yet prepared for the tougher competition that would result from the integration of Southeast Asian economies.

Posted: April 24th, 2014 in Editor's Pick,Headlines | Read More »

Stocks down on profit-taking

After a four-day run-up, the local stock barometer took a breather Wednesday as investors reassessed recent gains.

Posted: April 24th, 2014 in Editor's Pick,Headlines | Read More »

DOTC, GMR-Megawide ink Mactan airport deal

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Mactan Cebu International Airport FILE PHOTO

The Department of Transportation and Communications on Tuesday signed the contract with the Filipino-Indian consortium that bagged the Mactan-Cebu International Airport public private partnership deal, paving the way for the construction of a brand new terminal by 2018.

Posted: April 23rd, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Positive sentiment lifts PH stocks

The local stock barometer retested the 6,800 level on Tuesday before paring gains, riding on strong sentiment from foreign investors.

Posted: April 23rd, 2014 in Editor's Pick,Headlines | Read More »

Stronger antipoverty drive urged

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The Asian Development Bank has urged member-countries to implement stronger antipoverty measures, noting that inequality in the region has been increasing as economies grow.

Posted: April 23rd, 2014 in Editor's Pick,Headlines | Read More »

BOP swings to deficit of $4.47B in Q1

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Photo by INQUIRER.net

The outflow of foreign currencies surpassed the inflow in the first quarter as portfolio investors dumped peso-denominated assets, along with other emerging-market assets, on reports that the US Federal Reserve would further taper its stimulus program.

Posted: April 22nd, 2014 in Editor's Pick,Headlines | Read More »

PSEi hits 9-month high

The local stock market rallied sharply Monday to breach the 6,700 level and finish at its strongest level for this year on rosy first-quarter local corporate outlook.

Posted: April 22nd, 2014 in Editor's Pick,Headlines | Read More »

BDO seen keen on bidding for Cocobank

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FILE PHOTO

The SM group-led Banco de Oro Unibank will consider an opportunity to bid for United Coconut Planters Bank when the government proceeds with a plan to privatize the bank.

Posted: April 20th, 2014 in Editor's Pick,Headlines | Read More »

Bataan freeport investment pledges up 1,302%

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Investment pledges generated by the Freeport Area of Bataan (FAB) in the first quarter surged by 1,302 percent amid greater investor interest in the former Bataan Export Zone.

Posted: April 20th, 2014 in Editor's Pick,Headlines | Read More »

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