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PH seen to sustain rise in FDIs

The Philippines is expected to attract more foreign investors, particularly those who are willing to stay for the long haul, as the local economy continues to grow despite challenges abroad.

Posted: April 17th, 2014 in Headlines | Read More »

Women power

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In line with a recent Grant Thornton study, which showed that Filipino women are getting more influential in boardroom, Ayala-led Bank of the Philippine Islands has brought onboard two more women to its board of directors. This makes five out of BPI’s 15 board members women—more than the comparative representation in the boardroom of other big banks in the country.

Posted: April 16th, 2014 in Headlines | Read More »

Growth in OFW remittances slowed to 5.6% in February

Growth in remittances from migrant workers slowed to an 11-month low in February despite the sustained demand for Filipino labor in developed countries, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.

Posted: April 16th, 2014 in Headlines | Read More »

PH banks taking out less loans from BSP

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Loans from the central bank’s rediscounting facility continued to shrink at the end of March of this year because of the cheap cash now circulating in the local financial system.

Posted: April 12th, 2014 in Headlines | Read More »

Forex reserves dip slightly to $78.8B

The country’s foreign exchange reserves remained at comfortable levels despite a slight dip in the month of March as a result of government withdrawals for debt payments and revaluation adjustments of gold and other currency holdings.

Posted: April 8th, 2014 in Headlines | Read More »

Rise in consumer prices eased in March

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BSP Governor Amando M. Tetangco Jr.: Room to keep rates low is ‘narrower’. INQUIRER FILE PHOTO

The rate of rise in consumer prices decelerated for the second straight month due to the slower-than-usual increase in fuel, power and commodity prices, according to government data released Friday.

Posted: April 5th, 2014 in Editor's Pick,Headlines | Read More »

PH banks extended more dollar loans in 2013

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Dollar loans extended by the country’s banks rose by more than a fifth at the end of last year, driven by strong demand for financing because of a booming local economy.

Posted: March 31st, 2014 in Editor's Pick,Headlines | Read More »

Further monetary tightening by BSP seen up ahead

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After raising the reserve requirement on banks last week, the Bangko Sentral ng Pilipinas is seen adopting more monetary tightening measures to address excess liquidity and rising inflationary pressures.

Posted: March 31st, 2014 in Headlines | Read More »

Mergers made PH banks stronger

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The country’s banking industry continued to consolidate last year amid mergers that result in stronger institutions as well as the exit of weak players, contributing to the overall strength of the financial system.

Posted: March 31st, 2014 in Headlines | Read More »

BSP: Consumers more upbeat in Q1

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FILE PHOTO

Filipino consumers turned less pessimistic in the first three months of the year as higher paying jobs became more available while favorable weather across the country resulted in bountiful harvests.

Posted: March 29th, 2014 in Editor's Pick,Featured Gallery,Headlines | Read More »

BSP’s Tetangco to head int’l settlement bank’s council

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BSP Governor Amando M. Tetangco Jr.: Room to keep rates low is ‘narrower’. INQUIRER FILE PHOTO

Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. has been appointed to an influential post that helps set the direction of international financial sector regulations.

Posted: March 28th, 2014 in Latest Business Stories | Read More »

PSEi drops as BSP’s monetary tightening looms

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PSE index as of March 27, 2014, 3:40 PM. Screengrab from http://www.pse.com.ph

The local stock barometer slipped on Thursday ahead of a keenly awaited meeting by the local central bank, which has indicated a bias to shift to a monetary tightening cycle.

Posted: March 27th, 2014 in Latest Business Stories | Read More »

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  • Lifestyle

  • Pro visual artists, lensmen to judge Pagcor’s photo contest
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  • Clams and garlic, softshell crab risotto–not your usual seafood fare for Holy Week
  • Moist, extra-tender blueberry muffins
  • Entertainment

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  • Business

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  • PH presses bid to keep rice import controls
  • PSEi continues to gain
  • Number of retrenched workers rose by 42% in ’13
  • Technology

  • DOF: Tagaytay, QC best at handling funds
  • Smart phone apps and sites perfect for the Holy Week
  • Tech company: Change passwords or suffer ‘Heartbleed’
  • Filling the digital talent gap
  • SSS to shut down website for Holy Week
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • Syria most dangerous country for journalists, PH 3rd—watchdog
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  • UC Irvine cultural night to dramatize clash of values in immigrant family
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