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Local stock index falters anew

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AFP FILE PHOTO

The local stock index slipped for a second straight session on Tuesday as investors continued to pocket gains after the market’s strong run-up.

Posted: March 4th, 2014 in Latest Business Stories | Read More »

BSP sees investors returning to PH soon

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

Monetary officials are confident that investors will return in droves as the country stands out in the region as one of the few economies that will remain healthy in the face of global uncertainty.

Posted: February 4th, 2014 in Editor's Pick,Headlines | Read More »

Undeterred by calamities, investors still drawn to PH

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Trade Secretary Gregory L. Domingo: More strategic level. INQUIRER FILE PHOTO

The Philippines managed to sustain strong investor confidence despite the calamities that struck the country late last year, according to Trade Secretary Gregory L. Domingo.

Posted: January 30th, 2014 in Latest Business Stories | Read More »

Give investors a break–lawmaker

DESTROYED houses brought by Supertyphoon “Yolanda” in Tolosa, Leyte  FILE PHOTO

A lawmaker on Saturday said the government should entice the private sector to invest in infrastructure and programs that promote resiliency by giving them incentives for undertaking such measures.

Posted: January 5th, 2014 in Latest Business Stories | Read More »

Groups dismayed over gov’t policy on incentives to foreign investors

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San Roque Power was invited by the government to invest in a hydropower plant in the late 1990s, and was provided with the incentive that all capital goods could be imported duty-and tax-free. The power firm filed for a refund in 2003 and was allowed to claim it. But in 2013, the Supreme Court overturned the decision of the CTA, explaining that San Roque Power was ineligible to claim the refunds “based on technicalities.” INQUIRER FILE PHOTO

Business groups on Tuesday expressed dismay over the government’s inconsistent policy with regards to incentives given to foreign investors in the country.

Posted: November 19th, 2013 in Latest Business Stories | Read More »

Stock market falters after 6-day run-up

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PSE index as of October 09, 2013, 03:46:00 PM

The local stock market ended a six-day run-up on Wednesday as investors weighed the risks of a US debt default as a result of the political stalemate that has held up passage of the US federal budget alongside concerns about weaker global economic prospects cited by the International Monetary Fund.

Posted: October 9th, 2013 in Latest Business Stories,Stocks | Read More »

Stocks down on profit-taking

Most local stocks slipped on Tuesday as investors locked up gains and observed caution over the fiscal debate in the United States.

Posted: September 24th, 2013 in Headlines | Read More »

Solid figures from China, Europe shore up markets

Investors chat in front of the stock price monitor at a private securities company in Shanghai, China, Wednesday, Aug. 21, 2013. Asian stock markets were choppy Wednesday as traders waited for hints from the U.S central bank about when it will begin to reduce its massive stimulus effort. AP

Solid economic figures out of China and Europe helped lift the mood in financial markets Thursday in a week when investors have been largely fretting over when the U.S. Federal Reserve will start to reduce its monetary stimulus.

Posted: August 22nd, 2013 in Latest Business Stories | Read More »

PCGG looking for few good investors to help reopen shuttered coco firm

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cocochem-logo

The Presidential Commission on Good Government (PCGG) is in talks with a possible foreign investor to revive the loss-making United Coconut Chemicals Inc. (Cocochem).

Posted: June 12th, 2013 in Latest Business Stories | Read More »

Slap on the wrist decision

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The first criminal conviction under the Securities Regulation Code (or Republic Act 8799), which was enacted in 2000, was a big letdown to investors, market participants and financial regulators.   In 2003, Asian Capital Equities Inc., a stock brokerage firm owned by Francisco Borromeo, collapsed due to mismanagement and failure to comply with regulatory standards. [...]

Posted: April 4th, 2013 in Columnists | Read More »

The Philippine story: ‘Sick man of Asia’ now transforming, revitalized, dynamic

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President Benigno Aquino III  Malacañang Photo Bureau(file)

President Benigno Aquino III has pitched to the international investor community the Philippine story of transformation from being a “sick man of Asia” into one dynamic country bucking a global economic downturn.

Posted: January 26th, 2013 in Featured Gallery,Headlines,Photos & Videos | Read More »

Nike 2nd quarter net income falls

This Dec. 16, 2012 photo shows a Nike shoe worn by a St. Louis Rams football player during the first quarter of an NFL football game between the St. Louis Rams and the Minnesota Vikings in St. Louis. Strong demand in North America helped Nike post second-quarter net income that beat expectations Thursday, Dec. 20, 2012, despite weaker sales in China and costs related to the sale of two brands. (AP Photo/Seth Perlman)

Strong demand in North America helped Nike post second-quarter net income that beat expectations, despite weaker sales in China and costs related to the sale of two brands.

Posted: December 21st, 2012 in Latest Business Stories | Read More »

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