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.
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.
By Amy R. Remo
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.
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.
By Miguel R. Camus
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.