By Doris C. Dumlao
MANILA, Philippines—The local stock index dipped following a three-day run-up, with investors pocketing gains as the index neared a key barrier at 7,300 level. The main-share Philippine Stock Exchange index gave up 6.17 points or 0.08 percent to close at 7,269.49, weighed down by profit-taking on holding firms and property counters. Turnover amounted to P7.9 […]
Asian stock markets mostly fell Thursday after the US Federal Reserve increased its estimate for the level of the central bank’s benchmark interest rate by the end of 2015, surprising investors who expected a slower pace of rate hikes.
By Bong Lozada
Talking to foreign businessmen on Wednesday, the chief of the Philippine National Police assured investors they are in a safe and secure industrial sector.
By Tessa Prieto-Valdes
A country’s urban landscape can be an indicator of how its economy is faring. The metal cranes that are atop buildings and other properties under construction are a sign of growth. The influx of multinational companies to a commercial business district is another positive sign.
By Ben O. de Vera
The massive investments needed to make potable water accessible to every Filipino would pour in only if the government grants investors generous perks, makes financing more accessible, as well as ensures a stable regulatory environment, experts said on Monday.