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As stocks rise, so does anxiety: Time to get out?

In this Thursday, Aug. 21, 2014, file photo, trader Edward McCarthy, left, works on the floor of the New York Stock Exchange. As stocks continue to rise, investors are wondering if it’s time to sell. AP

Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee. If only you had done that in the crashes that began in 2000 and 2008, you might be a lot richer.

Posted: August 30th, 2014 in Latest Business Stories | Read More »

Gov’t nearly balanced budget as it spent less in July

The Department of Trade and Industry has stepped up its monitoring efforts amid speculations that prices of basic necessities and prime commodities have spiked as a result of the continued congestion at the port of Manila. INQUIRER FILE PHOTO

The government failed to sustain the rise in spending in July, fueling concerns over the state’s ability to boost growth amid climbing interest rates and rising consumer prices.

Posted: August 30th, 2014 in Headlines,Latest Business Stories,Money | Read More »

PH ranked 5th biggest in Asean as of end-2013

By
GDP growth

The Philippines emerged as the fifth biggest economy among the 10-member states of the Association of Southeast Nations in 2013, based on the country’s gross domestic product (GDP) at current prices which stood at $269 billion, data from the Asean showed.

Posted: August 30th, 2014 in Headlines,Latest Business Stories | Read More »

SM property arm turns over 2,500 units

SCREENGRAB from www.smdc.com

SM Development Corp. (SMDC), the residential development arm of developer SM Prime Holdings, Inc., has turned over more than 2,500 units in two condominium developments in Makati and Mandaluyong.

Posted: August 30th, 2014 in Headlines,Latest Business Stories | Read More »

5 firms vie for P4-B PPP deal

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Screengrab from www.sanmiguel.com.ph

Five groups, including San Miguel Corp. and Ayala Land Inc., will vie for the P4-billion public private partnership project near the Food Terminal Inc. compound in southern Metro Manila, a government official said Friday.

Posted: August 30th, 2014 in Headlines,Latest Business Stories | Read More »

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