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Long-term investment inflows weaken 2019-01-11 16:20:36In what could be an early indication of weakening long-term equity inflows, the central bank yesterday said only $461 million in foreign direct invest

LR lures private investors with 1.3-B common share 2019-01-11 16:18:22Preparing for the entry of a new strategic investor, gaming firm Leisure and Resorts World Corp. (LR) obtained on Friday an approval from shareholders

Jitters over Hanjin debt lead PH shares lower 2019-01-11 16:16:51Jitters over the $412-million debt owed by bankrupt Korean shipbuilder Hanjin to big Philippine banks soured sentiment at the stock market on Friday,

Singapore firm joins common telco tower plan 2019-01-11 16:14:32A Singapore-based firm on Friday became the second company that signified its formal interest to participate in the Department of Information and Comm

Phoenix, China firm to start LNG project in 2019-01-11 16:12:51In a statement, Phoenix said Tanglawan Philippines LNG Inc. intended to build the LNG facility in Batangas. The post Phoenix, China firm to start LNG

PSALM seeks offers for 2.1-ha Paco property 2019-01-11 16:10:52Power Sector Assets and Liabilities Management Corp. (PSALM) has called for offers for the negotiated sale of a 2.1-hectare property that hosted the M

Healthy demand for office space 2019-01-11 13:51:33The Philippine office property market is seen to maintain its growth trajectory this year, owing to a healthy demand from the offshore gaming sector,

Starting the year right 2019-01-11 13:48:46It has practically become a routine for many to draw up that quintessential list of resolutions to start the year right. The post Starting the year ri

Wilcon takes on the digital space 2019-01-11 13:41:37On Wednesday, Wilcon Depot launched its digital store in an effort to bring a more innovative and convenient shopping experience to customers. This fe

Rustic meets luxury in Tagaytay Highlands 2019-01-11 13:36:19Those looking for the charm and warmth of the rustic countryside while, at the same time, seeking to enjoy luxury living need not to look far. The pos

Investments for the millennial 2019-01-11 13:33:30One of the first pieces of advice that a newly-employed young urban professional will usually get is to save up—or at least exercise sound judgm

Local banks grapple with biggest default in PH 2019-01-10 17:00:51Five of the country’s largest banks are rushing to cover a combined loan exposure of $412 million The post Local banks grapple with biggest defa

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No evidence against Alok Verma, says ex-judge who 2019-01-11 22:58:00Justice A K Patnaik has been quoted as saying none of CVC's findings are his and that the PM-led panel which removed Verma as CBI chief made a hasty

FBI opened inquiry into whether Trump was secretly 2019-01-11 22:14:00Following President Trump's firing of James B. Comey as F.B.I. director, the bureau grew increasingly concerned about whether the president's action

Future Group bets big on food delivery business, 2019-01-11 15:46:00Affordability could be focus, with lunch and dinner meals priced as low as Rs 40

Infosys posts 30% drop in Q3 net profit, 2019-01-11 15:24:00The company, however, reported healthy top line growth in the quarter with revenues growing at 20.3 per cent on a YoY basis at Rs 21,400 crore while s

Infosys announces buyback of shares worth Rs 8,260 2019-01-11 14:52:00The firm also announced a special dividend of Rs 4 per share to shareholders that would result in a payout of around Rs 2,107 crore

Lok Sabha polls: Modi govt will bring back 2019-01-11 14:37:00The so-called mahagatbandhan wants a majboor sarkar, but the people of the country want a mazboot sarkar, which is possible only under the leadership

Govt revenue will take Rs 1-trillion hit due 2019-01-11 12:51:00Jaitley gave these numbers in his latest blog, titled "How the Poor and the Middle Class Benefitted Most from the Modi Government Policies?"

After WealthTrust buyout, digital platform space may see 2019-01-11 12:47:00Industry observers said the entry of new players with deep pockets and zero-fee structure is going to make it difficult for others to levy a charge

RBI Governor Shaktikanta Das meets NBFCs on liquidity 2019-01-11 12:43:00The NBFCs suggested that the RBI should reduce the minimum holding period to 3 months for loans having maturity of 2-5 years

ADB backs govt's basic income plan, but cautions 2019-01-11 12:38:00ADB warned that the loan waivers will scale up lending to over Rs 30,000 cr

Duracell & Energizer eyeing partnership or buyout of 2019-01-11 12:38:00The sources indicated that Eveready was expecting an enterprise valuation of around Rs 5,000 crore

Industry body steps in to ensure rough diamond 2019-01-11 12:32:00The diamond polishing industry has been reeling under falling demand, impact of the GST, and lack of working capital

Trading Economics

Philippines up to One Day Interbank Rate 2019-01-10 03:31:00Philippines up to One Day Interbank Rate was quoted at 5.09 percent on Wednesday January 9. Interbank Rate in Philippines averaged 8.39 percent from 1

Philippines Balance of Trade 2019-01-09 21:12:00Philippines recorded a trade deficit of 3901000 USD Thousand in November of 2018. Balance of Trade in Philippines averaged -361550.64 USD Thousand fro

Philippines Exports 2019-01-09 20:44:00Exports in Philippines increased to 6108053.63 USD Thousand in October from 6031171.49 USD Thousand in September of 2018. Exports in Philippines avera

Philippines Imports 2019-01-09 20:24:00Imports in Philippines decreased to 9649600 USD Thousand in November from 10320011.78 USD Thousand in October of 2018. Imports in Philippines averaged

Philippines GDP Growth Rate 2019-01-09 12:07:00The Gross Domestic Product (GDP) in Philippines expanded 1.40 percent in the third quarter of 2018 over the previous quarter. GDP Growth Rate in Phili

Philippines GDP Annual Growth Rate 2019-01-09 12:06:00The Gross Domestic Product (GDP) in Philippines expanded 6.10 percent in the third quarter of 2018 over the same quarter of the previous year. GDP Ann

Philippines Gold Reserves 2019-01-08 08:28:00Gold Reserves in Philippines remained unchanged at 197.90 Tonnes in the fourth quarter of 2018 from 197.90 Tonnes in the third quarter of 2018. Gold R

Philippines Foreign Exchange Reserves 2019-01-07 03:23:00Foreign Exchange Reserves in Philippines increased to 78460 USD Million in December from 75490 USD Million in November of 2018. Foreign Exchange Reser

Philippines - Credit Rating 2019-01-05 19:00:00Standard & Poor's credit rating for Philippines stands at BBB with positive outlook. Moody's credit rating for Philippines was last set at Baa2

Philippines Capacity Utilization 2019-01-05 05:01:00Capacity Utilization in Philippines decreased to 84.31 percent in November from 84.34 percent in October of 2018. Capacity Utilization in Philippines

Philippines Food Inflation 2019-01-04 05:55:00Cost of food in Philippines increased 6.70 percent in December of 2018 over the same month in the previous year. Food Inflation in Philippines average

Philippines Manufacturing Production 2019-01-03 21:23:00Industrial Production in Philippines increased 2.10 percent in November of 2018 over the same month in the previous year. Industrial Production in Phi

Reuters: Business News

GM bucks gloomy earnings forecast trend, shares jump 2019-01-11 16:17:03General Motors Co executives on Friday bucked gloomy forecasts for growth and sent the automaker's shares soaring, promising investors stronger 2019

Wall Street little changed as earnings season looms 2019-01-11 16:08:59Wall Street ended little changed on Friday as energy shares dropped and investors looked ahead to earnings season, which will kick off next week with

Corporate investors pile into electric vehicle startups 2019-01-11 16:03:16Corporate investors from outside the auto industry are placing increasing bets on electric vehicles, vying with automakers and suppliers to bankroll

Factbox: Corporate investments in EV startups 2019-01-11 16:02:54Corporations across a variety of industries - auto, energy, electronics, aerospace, telecom - have invested in startup companies engaged in various as

New Petrobras CEO pushes to oust board members: 2019-01-11 15:53:12The new chief executive of Brazil's Petroleo Brasileiro SA is pushing for the ouster of two of the state-controlled oil company's board members, th

Apple considered Samsung, MediaTek to supply 5G modems 2019-01-11 15:48:48Apple Inc considered tapping Samsung Electronics Co Ltd and MediaTek Inc along with existing vendor Intel Corp to supply 5G modem chips for 2019 i

Exclusive: Trafigura refuses to hand over emails in 2019-01-11 15:44:40Commodities trader Trafigura [TRAFGF.UL] has refused a judge's order to hand over the email archives of two former executives in Brazil who are facin

U.S. shutdown sends grain traders, farmers hunting for 2019-01-11 15:36:42When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, t

U.S. government shutdown may depress January job growth 2019-01-11 15:32:20A partial shutdown of the U.S. government could slash job growth by as much as 500,000 in January and lift the unemployment rate above 4.0 percent unl

Battered U.S. bank stocks may get a boost 2019-01-11 15:22:56After a miserable 2018, big U.S. bank stocks could be in for a lift if upcoming earnings releases show strong fourth-quarter loan growth helps to offs

Citigroup allows hedge fund ValueAct more access 2019-01-11 14:57:45Citigroup Inc will give ValueAct Capital more access to its books and board of directors, signaling that the bank and the activist hedge fund are dee

Square's payments chief joins Visa as head of 2019-01-11 14:13:02Visa Inc on Friday said https://usa.visa.com/visa-everywhere/blog.entry.html/2019/01/11/mary_kay_bowman_join-lrU0.html Mary Kay Bowman will join as h



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