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Global wealth soars to $263 trillion, as inequality swells–study

Wealthy family

Global wealth skyrocketed 8.3 percent over the past year to a record $263 trillion, but the distribution of the riches has also become increasingly unequal, a Credit Suisse report said Tuesday.

Posted: October 15th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

More women joining top management of PH firms

credit-suisse

More and more women are joining the top management of Philippine-based companies, according to the research arm of global financial services giant Credit Suisse Group.

Posted: October 2nd, 2014 in Latest Business Stories | Read More »

Biz Buzz: ‘Flimsy technicality’

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An emergency meeting will be convened in Malacañang—as early as Monday, we hear—to discuss the much-ballyhooed bidding for the right to build the 47-kilometer Cavite-Laguna Expressway (Calax) tollroad project using the public-private-partnership (PPP) framework.

Posted: June 16th, 2014 in Columnists,Inquirer Columns | Read More »

Credit Suisse lowers PH growth forecast for 2014

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Zurich-based financial group Credit Suisse has tempered its 2014 economic growth forecast for the Philippines on expectations of a “subdued” second quarter performance as suggested by disappointing export receipts in April.

Posted: June 13th, 2014 in Editor's Pick,Headlines | Read More »

FX intervention seen to strengthen peso

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The peso will likely strengthen against the dollar for the rest of the year—and into 2015—amid expectations that the Bangko Sentral ng Pilipinas (BSP) would accelerate its monetary policy tightening to slow the pace of price increases in the local economy.

Posted: May 26th, 2014 in Headlines | Read More »

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