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Cebu Pacific sees bump in ’14 passenger traffic

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FILE PHOTO

Cebu Pacific, the country’s biggest budget carrier, will get a lift in terms of passenger traffic this year with the acquisition of Tigerair Philippines and as it increases capacity to serve new routes, its top official said.

Posted: April 14th, 2014 in Latest Business Stories | Read More »

PH rice imports to hit 1.2M tons in 2014

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A 71-percent jump in the volume of rice imports to the Philippines, totaling 1.2 million metric tons in 2014, is expected to be a key driver of a recovery as well as a new high for global traffic this year, according to the Food and Agriculture Organization (FAO). Photo taken from agriculture-ph.com

A 71-percent jump in the volume of rice imports to the Philippines, totaling 1.2 million metric tons in 2014, is expected to be a key driver of a recovery as well as a new high for global traffic this year, according to the Food and Agriculture Organization (FAO).

Posted: April 14th, 2014 in Editor's Pick,Headlines | Read More »

Slow trading seen

Local stocks are seen to falter this shortened trading week ahead of a long holiday break in observance of the Holy Week.

Posted: April 14th, 2014 in Editor's Pick,Headlines | Read More »

BSP hints at further monetary tightening

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

Monetary conditions are likely to get tighter in the coming months as the central bank remains mindful of rising consumer prices and excess cash that could destabilize the domestic economy.

Posted: April 10th, 2014 in Editor's Pick,Headlines | Read More »

PH stocks seen to weaken

The local stock market is set to resume trading on Thursday after a national holiday on Wednesday.

Posted: April 10th, 2014 in Editor's Pick,Headlines | Read More »

Moody’s expects profit pressure on local banks

Profits of local banks may come under more pressure in the coming months as interest rates rise, bringing down the value of government securities that make up much of lenders’ assets.

Posted: April 9th, 2014 in Headlines | Read More »

Privatization revenues forecast to drop sharply

State revenues from the privatization of real estate and mining assets are expected to slow down sharply in the second half of President Aquino’s term with legal and operational issues keeping the government from unloading larger properties.

Posted: April 9th, 2014 in Headlines | Read More »

PDEX expects robust bond trade in ’14

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currencies-money

The Philippine Dealing and Exchange Corp. upgraded its full-year fundraising projections for the bond market, saying listings could rise by more than 10 percent in 2014, against earlier expectations of flat growth.

Posted: April 7th, 2014 in Latest Business Stories | Read More »

More mergers in rural banking sector seen

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Depositors are greeted by an iron grill gate and a notice announcing the closure of Rural Bank of San Fernando in San Fernando town, Cebu province. The Bangko Sentral ng Pilipinas expects more mergers in the rural banking sector as industry players take advantage of regulatory incentives, allowing them to time their moves to gain greater economies of scale.  TONEE DESPOJO/CEBU DAILY NEWS

The Bangko Sentral ng Pilipinas (BSP) expects more mergers in the rural banking sector as industry players take advantage of regulatory incentives, allowing them to time their moves to gain greater economies of scale.

Posted: April 7th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

PH stocks seen to trade higher

The local stock market is seen continuing to trade with an upward bias this week with 6,400 seen offering a strong support to bouts of profit-taking.

Posted: April 7th, 2014 in Headlines | Read More »

PH banks seen to emerge among Asia’s strongest

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The Central bank’s decision to fully implement the stricter Basel III capitalization rules last January would enable the country’s banks to leap ahead of their regional counterparts in terms of strength.

Posted: April 4th, 2014 in Headlines | Read More »

ADB raises growth forecast for PH

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The Asian Development Bank (ADB) has raised again its economic growth forecast for the Philippines for this year, expecting the country to grow by 6.4 percent on the back of improved investor sentiment. INQUIRER FILE PHOTO

The Asian Development Bank (ADB) has raised again its economic growth forecast for the Philippines for this year, expecting the country to remain one of the fastest-expanding markets in the region on the back of improved investor sentiment.

Posted: April 2nd, 2014 in Editor's Pick,Headlines,Photos & Videos | Read More »

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