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Analysts on banks’ stocks: Aggressive purchase and hold at current levels

By Carmina Angelica V. Olano THE GROWTH of banking stocks during the quarter accelerated, an uptrend which analysts attribute to lenders’ impressive corporate earnings. For this year, they also signaled an “overweight” on the sector, amid favorable interest rate environment and sustained strong economic fundamentals. The Philippine Stock Exchange index (PSEi) breached the 8,500 level […] The post Analysts on banks’ stocks: Aggressive purchase and hold at current levels appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineFeb 28th, 2018

Analysts on banks’ stocks: Aggressive purchase and hold at current levels (4th Quarter Banking Report 2017)

By Carmina Angelica V. Olano THE GROWTH of banking stocks during the quarter accelerated, an uptrend which analysts attribute to lenders’ impressive corporate earnings. For this year, they also signalled an “overweight” on the sector, amid favourable interest rate environment and sustained strong economic fundamentals. The Philippine Stock Exchange index (PSEi) breached the 8,500 level […] The post Analysts on banks’ stocks: Aggressive purchase and hold at current levels (4th Quarter Banking Report 2017) appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 28th, 2018

DOC VOLLEYBALL: A Battle of Generations

At long last, perhaps the most anticipated finals match in PVL history has been set. Showing dominance and proving why they are the defending champions despite some minor stumbles, the Creamline Cool Smashers barged their way into the Finals uncontested by dispatching a gritty dark horse in the Petro Gazz Angels. On the other hand, proving that their modern approach to the sport can trump experienced veterans, the Ateneo-Motolite Lady Eagles are proving to be one of the most formidable collegiate teams in the country under the helm of a new head coach. While old and new fans of the Ateneo community will be torn between cheering for the former Queen Eagles Alyssa Valdez, Jia Morado and Fille Cainglet-Cayetano and the current Queen Eagles in Bea De Leon, Maddie Madayag and Ponggay Gaston, it is also of particular interest how Creamline head coach Tai Bundit will defend his trophy from his Ateneo successor Oliver Almadro. While Bundit has laid the foundation for a modern approach to the sport during his stint in Ateneo, Almadro on the other hand has taken it a step further in terms of intricacies in attack strategy. The dream finals match couldn’t be more interesting from a technical point of view as it is an arms race of volleyball modernization stemming from similar schools of thought. Creamline Cool Smashers: The OG New School Ever since coach Tai Bundit took the reins for the Ateneo Lady Eagles, the local volleyball scene has been introduced to numerous innovations that inarguably helped ALE seize a pair of crowns in the UAAP. Modern strategies such as the Setter-Open-Middle rotation, libero getting second ball when setter digs, fast pin plays, to name a few. For a good couple of years, the advancements brought about by Bundit have been a bane even for perennial champion coaches in the collegiate scene. As expected, most teams followed suit in order to adapt and challenge the new system introduced. Though the Bundit riddle has been challenged and conquered in the collegiate scene, Tai’s system still holds an iron grip in the professional scene despite everyone else following suit and that is primarily because of his connection with long time apprentices Alyssa Valdez and Jia Morado coupled with supplementation of astounding players in Jema Galanza, Kyla Atienza and Melissa Gohing to name a few. Despite a surprising upset to start of their PVL Open Conference journey, the Creamline Cool Smashers continued to defy odds in exerting dominance given a handicapped line-up for the most part of the season. Regardless of key players like Michele Gumabao, Risa Sato, and Pau Soriano missing action for a number of games, the trio of Valdez, Morado and Galanza have been sufficient in holding off the competition as shown by the team’s performance in serve, passing, setting, and attack – skill departments that are highly influenced by the aforementioned trio. On the other hand, the absences of Sato, Gumabao and Soriano have definitely influenced their sub-par blocking performance since these three players have the major responsibility of setting up the net defense. It is of no surprise that in order to compensate the block, the Cool Smashers have intensified their serving to at least disrupt opponents' attack strategy. Coupled with exceptional floor defense by Atienza in transition, Morado had little difficulties in setting up counter attacks throughout the tournament.   With a full force line-up coming from the semis into the finals, the Creamline Cool Smashers are at their deadliest and all set to defend their crown. With few attack options on the right side as both middles rarely prove threatening with a slide attack, it is expected that the Creamline offense would still be heavy from the left pins care of Valdez and Galanza. The Lady Eagles would certainly load up their tallest players Madayag, De Leon, and Kat Tolentino to shut down the left pin. As such, the most crucial performance that could spell the difference in the finals series would be from opposite player Gumabao. Though Morado usually opts for combination x-plays in the middle to ease off some burden from the left, the Lady Eagles have proven disciplined enough with their block that combination plays rarely work against them. Should Gumabao exert significant threats from the right and if Bundit can develop her right back row attack in time, the Cool Smashers can circumvent one of Ateneo’s strongest suit which is their block and capitalize on their sub-par floor defense to eventually defend the crown. Ateneo-Motolite Lady Eagles: Paving Their Own Path Just when the future of the Ateneo Lady Eagles went uncertain with the exit of Bundit, Almadro’s takeover proved to be a major step in the right direction as witnessed in their remarkable performance for their first major tournament. For a team with a good mix of veterans and rookies, going toe to toe with top club teams in the country bids a bright future for the team as well as making them a significant contender in the upcoming collegiate league. The match-up against their predecessors, the Creamline Cool Smashers, is not just a treat for the fans but for volleyball analysts as well since it will be highly interesting how Almadro has brought about innovations to the framework established by his predecessor and how he will use it to his advantage. Right off the bat, the best change Almadro implemented upon his succession is relegating Kat Tolentino to the opposite position. The right wing couldn’t be a more perfect position for Tolentino since she can maximize her height and power advantage to rack in the points while minimizing burden on her weakness which is floor footwork and defense. While it’s true that we have seen some players shine in the opposite position in the past, Tolentino’s height, power, and ability to be a significant threat even from the back row makes her a cut above the rest. Almadro’s approach of having a tall, dominant, hitter from the right is a step to a modern approach employed even by top foreign teams. Another noticeable shift in Almadro’s system is the lack of reliance on combination x-plays. While some teams employ such strategy as a bread and butter on offense, the Lady Eagles have moved on from the outdated strategy and have only utilized such attack to break monotony. With a tall, dominant hitter from the right and deadly middles given a good pass, setter Deanna Wong is rarely forced to bunch up the attack in the middle in the hopes of confusing the block when she can separate the defense with fast sets to the pins. Almadro’s inclination towards safe and consistent pin play instead of fancy combination plays proves that he is taking the team to a more modernized approach. While the Ateneo-Motolite Lady Eagles have been stellar in both net defense and attack, a glaring limitation too hard not to notice in the sub-par passing and floor defense. No matter how threatening Madayag and De Leon are from the middle, inconsistent passing would severely limit their output and threat imposed from the middle. With Creamline notably deadly from the service line and having a full force line-up that can finally establish a decent wall on the net, it would be of utmost priority for the Lady Eagles to slow down the serve with high passes and consistent distribution of back row and pipe attacks. In a similar way, the Lady Eagles are pressed to be aggressive with the serve as the main advantage of Creamline is consistency in passing care of Gohing. Ateneo-Motolite cannot afford to be lax or careless with the serve as a good pass almost always converts for a point for Morado and company. Though the Lady Eagles have proven formidable with the block, Valdez is still expected to plow and muscle through with her attacks hence Almadro’s ability to quickly adjust the floor defense pattern would spell the outcome of the game for the Lady Eagles. Catch Game One of the PVL Open Conference Finals on December 5, Wednesday, 6 PM on LIGA, LIGA HD, iWant and via livestream......»»

Category: sportsSource:  abscbnRelated NewsDec 4th, 2018

NFA Council OKs additional 250,000 MT rice imports

THE policy-making body of the National Food Authority (NFA) has approved the additional importation of 250,000 metric tons (MT) of rice this year to beef up the agency’s current stock. Following a meeting on Tuesday, the council ordered the NFA to hold an open tender “immediately” for the importation of the additional rice stocks. NFA [...] The post NFA Council OKs additional 250,000 MT rice imports appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 6th, 2018

Business of Football - Philippines highlights football s growth in the country

MANILA -  The recent success of The Azkals, with their Asian Cup qualification, and their FIFA ranking at its highest at 111, has given football a renewed confidence, and a positive outlook in terms of the growth of the sport in the Philippines.   Football is now tipped to become the fastest growing sport in the country, with the largest potential for success commercially, and in terms of on-pitch success.  The sport which is currently number 3 in the Philippines in terms of popularity and participation, after basketball and boxing, is said to be still further behind compared to other sports, such as volleyball, billiards, etc., in terms of TV coverage. These were among the insights and trends gathered from top-notch executives of organizations such as AFC, PFF, PFL, LaLiga, Dentsu X, SMG Insight, Globe Telecom, RSportz, Toby Sports and Manila Times, at the ‘Business of Football - Philippines’, organized by MMC Sportz.  The sold-out event was attended by more than 185 local and foreign delegates on 18 May 2018 at the New World Makati Hotel.   MMC Sports CEO Eric Gottschalk says, “Research in this market, shows that TV is still the number one platform here in the Philippines, and is the number one medium that advertisers are looking for, to spend their budgets on.  We also learned that live TV coverage actually stimulates stadium attendance, and not vice versa.  If there’s more football on TV, we will see more fans in the stadium.  Currently football is not ranked among the top 100 TV programmers in the Philippines and is only number 3 sport in terms of participation and popularity after basketball and boxing.  Football needs media in order to drive commercial revenues for the clubs.”   “Now is also the perfect time to get involved in football since sponsorship and advertising opportunities are currently very affordable compared for example to basketball, but this is predicted to change within the next 6-12 months, as values are expected to increase sharply.  Football also needs to create more idols and heroes to attract more media coverage overall, other than just covering game scores. Each team has a unique story which just needs to be told,” says Gottschalk. Following the presentation about the Philippines Football League (PFL) it was agreed that the PFL now fills the lack of regular created football content as the leagues matches (87 in 2018/19 season) contribute year-round stories to keep football in the news. In the past, the main talking points were around the Azkals which only play very few home matches each year.      Public education about the game of football is also needed on all levels as many people in the Philippines are still not aware about the rules or aware of programs available like coaching academies, amateur competitions, or how and where to follow the professional league.  Ten thousand (10,000) qualified grassroots coaches are also needed to satisfy the local demand and to trigger strong football development and growths. Investors on the other hand are looking for consistency and credibility of the football product but with the PFL in the second season and foreign sponsors expected to invest in the Philippines, local brands should consider to follow suit.  On the sports retail side, only 1.5% of current retail sales are attributed to football, while basketball enjoys a healthy 46% market share. As a result, only limited line items and stocks are available in stores and entry level boots and replica jerseys are too high priced to be affordable for the average consumer. The national player registration program, MY PFF, has been launched with the objective to collect vital statistics and data about the football community which is urgently needed to support the youth football development strategy of the PFF and to develop a players pathway.  As FIFA has mandated to register the estimated 1.5 million players in the Philippines, the PFF has urged organizers and players to already register online as by next month only registered players will be allowed to participate in sanctioned events. The “Business of Football – Philippines” conference also announced 36 career opportunities related to sports and football, including positions in marketing, legal, competition management and coaching, with all these listing being available online with MMC Sportz or for direct inquiries with the PFF. In his closing remarks, MMC Sportz CEO Eric M. Gottschalk stated that “More importantly, Don’t Break the 12th Man! It is important that all stakeholders don’t forget to engage with the fans. The fans are the most important aspect of the development of football in the Philippines – if there are no fans of football then there is no media, no spectators, no players, no games, no business. Everyone is required to ensure we keep the fans (football consumers) engaged year-long and the first step would be to get the media behind the game. There is a strong football - community out there already and hopefully, we the TV broadcasters will take another look at football and give them at least some consideration on the program schedule.  I believe today’s conference was a great success.  We brought the football community together, stimulated thinking, exchanged ideas and transferred a lot of knowledge. Now it is up to the football stakeholders to continue the progress.  From our end (and with the approval of the PFF) we will stage the 2nd edition of BOF early 2019 and hopefully we will be able to report on some of the changes initiated today.”    Speakers who shared their insights include LaLiga Managing Director for South East Asia, Japan, Korean and Australia Ivan Codina, AFC Head of MA Services Domeka Garamendi, SMG Insight Managing Director Frank Saez, Azkals Team Manager Dan Palami, Globe Director for OIC, Citizenship and Advocacy Marketing Miguel Bermundo, PFL CEO Lazarus Xavier, PFF General Secretary Atty. Edwin Gastanes, Ignite Sports Group Managing Director Michael Reyes,  Asian Replica Designs Founder & Owner Jonathan Mallinson, Quorum Group President & COO Jose Claudio, Jr., Mediapro Asia Director of Sales and Sponsorship Salauddin Sinnakandu, and MMC Sportz Marketing CEO Eric Gottschalk.  Organized by MMC Sportz Asia, the event was sanctioned by the Asia Football Confederation (AFC) and the Philippines Football Federation (PFF), and sponsored by La Liga, Dentsu X, SMG Insight, RSportz, Globe Telecom, Toby’s Sports, Manila Times and Platinumlist. - RELEASE  .....»»

Category: sportsSource:  abscbnRelated NewsMay 22nd, 2018

Brazil to lose share of sugar market as mills see no profit

SAO PAULO — Brazil will lose a significant share of the global sugar trade to competitors in the current season as price levels make it unprofitable for most mills to produce the sweetener, consultants and millers said on Friday. Analysts are forecasting a reduction in sugar production in Brazil’s center-south in 2018-2019 of up to […] The post Brazil to lose share of sugar market as mills see no profit appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 29th, 2018

Federer overpowers Dimitrov to win 97th career title

By Mike Corder, Associated Press ROTTERDAM, Netherlands (AP) — Roger Federer came to the ABN AMRO World Tournament aiming to secure a return to the top of the world rankings. He achieved that goal Friday. On Sunday, he put an exclamation point on a remarkable week by winning the tournament for good measure. Federer overpowered an ailing Grigor Dimitrov 6-2, 6-2 in less than an hour to win his 97th career title. "What a week it's been. Absolutely amazing," Federer said. "The goal was to make the semis and I won the tournament so of course I'm incredibly excited and so, so happy." The 36-year-old Swiss extended his domination over the player once dubbed "Baby Fed" for the similarities in their playing style, registering his seventh victory in as many meetings. Federer's third title at the Rotterdam tournament comes a day before he officially returns to the top of the rankings, more than five years after he was last world No. 1. He will become the oldest person to hold the No. 1 position when the rankings are updated on Monday. It's been more than five years since Federer was last No. 1, and 14 years since he first reached the top spot. Federer, who has 20 Grand Slams to his name, said his next target is 100 career titles. He moved a step closer Sunday. Federer said ahead of the final that the more aggressive player would win and Dimitrov started the strongest, winning his first game to love as he slammed powerful forehands and backhands past Federer. But the Swiss great quickly started matching Dimitrov's groundstrokes and converted his first break point in the fifth game. Federer broke Dimitrov again to go up 5-2 and then served out the set. Federer kept the pressure on Dimitrov in the second set, breaking the Bulgarian in the first game and continuing to dominate on his way to victory in just 55 minutes. Federer won a massive 82 percent of points on his service compared to 55 percent for Dimitrov. After his strong start, the Bulgarian appeared to be struggling physically, but said afterward that he simply wasn't good enough. Tournament director Richard Krajicek said Dimitrov was ill Saturday night and was short on energy on court. "Against Roger in the current situation he is in you can't play any less than 100 percent," Dimitrov said......»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2018

Japan mulls more aggressive military stance as North Korean threat looms – CNN News

Japan is considering a further step away from its long-held pacifist stance with a proposal which would allow it, for the first time since World War II, to strike overseas targets. The proposal from the ruling Liberal Democratic Party (LDP) advocates adopting new measures to address missile threats from North Korea, including ramping up Japan's missile defense capabilities and, in a departure from its postwar constitution, developing the &'8220;capacity to counterattack enemy bases&'8221; in the event of a missile attack on the country. Hiroshi Imazu, chair of the Research Commission on Security for the LDP, and former Defense Minister Itsunori Onodera, submitted the proposal on missile defense to Prime Minister Shinzo Abe. Onodera, who led the panel, told press after the meeting that Japan's current systems might not be able to cope with a barrage of attacks. &'8220;There are limitations (of our) ballistic missile defense (BMD) if several missiles are fired,&'8221; he said. &'8220;Neutralizing an enemy base (and preventing the launch of) the second and third missiles is within the range of self-defense. It is not a preemptive strike,&'8221; he added. Anxiety in Japan follows a recent string of North Korean missile tests. Earlier this month, Pyongyang fired four intermediate-range ballistic missiles, three of which landed less than 200 nautical miles off the Japanese coast. Abe said that his government would seriously consider the proposal. &'8220;We assess that the threat (from North Korea) has advanced to a new stage, we take it seriously. This assessment is shared by the United States,&'8221; he said Thursday. &'8220;We intend to grasp today's proposal firmly.&'8221; Jeff Kingston, director of Asian studies at Temple University in Tokyo, told CNN Abe is in a &'8220;pretty good position&'8221; to push the changes through the Diet, Japan's parliament. &'8220;In many different ways Abe is pushing the envelope against postwar norms and values,&'8221; Kingston said. However, &'8220;recent (North Korean) tests put wind in his sails and given that he controls both houses of the Diet he's in a pretty good position.&'8221; Japan has not launched an attack on foreign soil since World War II. Currently, any Japanese counterattack on North Korea would need to come from US forces because Tokyo doesn't have all the equipment needed to carry out long-range strikes, analysts said. &'8220;They can bomb anyone landing on one of Japan's main islands&' but they can't strike Chinese or North Korean air bases or missile sites,&'8221; said Carl Schuster, a former director of operations at the US Pacific Command's Joint Intelligence Center. Schuster points out that Japanese warplanes don't carry the equipment necessary to suppress enemy air defenses. &'8220;They can defend. but they can't punch back,&'8221; he said. Renho Murata, the leader of the opposition Democratic Party of Japan, said she was concerned the new proposals indicated that &'8220;the cornerstones of the peaceful nation of Japan&'8221; were &'8220;falling down.&'8221; The politician, who is universally known in Japan by her given name, Renho, added that what constituted a &'8220;counterattack&'8221; would need to be carefully considered. The LDP proposal also suggests Japan ramp up its current defense systems, including the introduction of the US-developed THAAD and Aegis missile defense systems, and accelerate early warning satellite development. It also suggests that Japan's government clarify its legal ability to intercept threats to vessels operating in its 200 kilometer (124 mile) exclusive economic zone (EEZ). Japan mulls more aggressive military stance as North Korean threat looms By Euan McKirdy and Junko Ogura, CNN Updated 0235 GMT (1035 HKT) March 31, 2017 Now PlayingJapan prepares for&' Source: CNN Japan prepares for potential N. Korea attack 02:39 Story highlights Shift would enable targeting overseas 'enemy bases' in the event of a strike on Japan Proposed changes to Japan's military stance come on the heels of 2015 reinterpretation of pacifist constitution Tokyo (CNN)Japan is considering a further step away from its long-held pacifist stance with a proposal which would allow it, for the first time since World War II, to strike overseas targets. The proposal from the ruling Liberal Democratic Party (LDP) advocates adopting new measures to address missile threats from North Korea, including ramping up Japan's missile defense capabilities and, in a departure from its postwar constitution, developing the &'8220;capacity to counterattack enemy bases&'8221; in the event of a missile attack on the country. Hiroshi Imazu, chair of the Research Commission on Security for the LDP, and former Defense Minister Itsunori Onodera, submitted the proposal on missile defense to Prime Minister Shinzo Abe. Onodera, who led the panel, told press after the meeting that Japan's current systems might not be able to cope with a barrage of attacks. &'8220;There are limitations (of our) ballistic missile defense (BMD) if several missiles are fired,&'8221; he said. &'8220;Neutralizing an enemy base (and preventing the launch of) the second and third missiles is within the range of self-defense. It is not a preemptive strike,&'8221; he added. Anxiety in Japan follows a recent string of North Korean missile tests. Earlier this month, Pyongyang fired four intermediate-range ballistic missiles, three of which landed less than 200 nautical miles off the Japanese coast. Abe said that his government would seriously consider the proposal. &'8220;We assess that the threat (from North Korea) has advanced to a new stage, we take it seriously. This assessment is shared by the United States,&'8221; he said Thursday. &'8220;We intend to grasp today's proposal firmly.&'8221; Jeff Kingston, director of Asian studies at Temple University in Tokyo, told CNN [&'].....»»

Category: newsSource:  mindanaoexaminerRelated NewsMar 31st, 2017

Tech stocks dip, dividend payers rise as indexes tread water

NEW YORK — Technology stocks fell yesterday, but gains for utilities and other big dividend payers helped US indexes hold close to record levels......»»

Category: newsSource:  philstarRelated NewsDec 16th, 2016

Stock Market: Stocks to stay weak on US GDP, Fed hike worries

THE BELLWETHER index may trade within the 7,200 to 7,700 levels this week as investors watch out for international catalyts and local earning reports, analysts said......»»

Category: financeSource:  bworldonlineRelated NewsOct 30th, 2016

Stock Market: PHL stocks to trade sideways on US payrolls data

LOCAL STOCKS may trade sideways next week, with the main index to hover between 7,490 and 7,720 levels, as market movement may be dictated by external concerns such as the US jobs data, among others, analysts said......»»

Category: financeSource:  bworldonlineRelated NewsOct 9th, 2016

Philippine dollar reserves rise in November aided by strong peso |

The countrys dollar reserves rose slightly in November as the relative strength of the peso in the weeks following the central banks aggressive string of rate hikes pushed many dollar holders to liqui.....»»

Category: newsSource:  philippinetimesRelated NewsDec 8th, 2018

LDL levels below 10 mg/dl shown safe, effective

The maxim that lower is better for LDL cholesterol continues to hold true, event at jaw-droppingly low levels of less than 10mg/DL, in a new analysis of data from the FOURIER trial......»»

Category: newsSource:  philstarRelated NewsDec 1st, 2018

Philippines warned against China loan pledges

The Philippines must tread carefully in dealing with funding commitments from China for its infrastructure program especially now that the current account deficit is “already approaching unsustainable levels,” said London-based Capital Economics......»»

Category: financeSource:  philstarRelated NewsNov 23rd, 2018

BPI sees no more rate hikes in the offing

After jacking up key interest rates five times for a total 175 basis points this year, the Bangko Sentral ng Pilipinas (BSP) may keep its key interest rates steady through end-2019 as the country's inflation rate eases to targeted levels, according to a lead economist of the Bank of the Philippine Islands. In a press briefing yesterday, BPI's Emilio Neri Jr. said the inflation-targeting BSP, however, could have room to slash the reserve requirement of banks by as much as two percentage points if the country's inflation rate descends to the lower end of the target range of 2-4 percent. This could happen starting June 2019, he added. At 18 percent, the reserve requirement---or the ra...Keep on reading: BPI sees no more rate hikes in the offing.....»»

Category: newsSource:  inquirerRelated NewsNov 22nd, 2018

PH may fall into debt trap with China funds, says firm

Turning to China for financing President Duterte's infrastructure program may lead the government to make the same mistakes made by other Asian countries that have fallen not only into a debt but also corruption trap, London-based Capital Economics said on Thursday.   "By seeking closer ties and increased investment from China, President Duterte of the Philippines risks repeating the mistakes made by other countries in the region. With the current account deficit already approaching unsustainable levels and given the corruption problems associated with Chinese investment projects elsewhere in Asia, the Philippines would be better off shunning Chinese investment," Capital Econo...Keep on reading: PH may fall into debt trap with China funds, says firm.....»»

Category: newsSource:  inquirerRelated NewsNov 22nd, 2018

Stocks resume uptick on net foreign buying

The benchmark Philippine Stock Exchange index (PSEi) finished strong yesterday on foreign buying, analysts said......»»

Category: financeSource:  philstarRelated NewsNov 21st, 2018

2nd placer FEU embraces challenge to be on same level as NU in UAAP Cheerdance

It's clear that National University is the current superpower in the UAAP Cheerdance Competition even though it's only the second winningest school with five titles in the event. University of Santo Tomas and University of the Philippines hold the most titles in the competition with eight apiece but the Salinggawi Dance Troupe's hasn't won the gold since 2006 and the UP Pep Squad last won the trophy in 2012. NU has since taken the throne after the two original powers vacated their rule and the NU Pep Squad has owned the competition for five of the past six years. Far Eastern University, which won two titles in between the several reigns of UST and UP, is still considered as ...Keep on reading: 2nd placer FEU embraces challenge to be on same level as NU in UAAP Cheerdance.....»»

Category: newsSource:  inquirerRelated NewsNov 18th, 2018

With prices seen easing, BSP now has room to hold off rates — analysts

With soaring prices seen going down in the next months, the Bangko Sentral ng Pilipinas can now afford to leave its benchmark rates unchanged until next year, economists said......»»

Category: financeSource:  philstarRelated NewsNov 16th, 2018

BSP raises lending rate 25 bps higher

Beginning this Friday, it should be a little more expensive to purchase anything on credit or pay for services and goods even with cash given Thursday’s decision by the Bangko Sentral ng Pilipinas to hike the rate at which it borrows from or lends to banks by another 25 basis points. The decision brings the […].....»»

Category: newsSource:  tribuneRelated NewsNov 16th, 2018

Analysts’ Policy Rate Expectations for Nov. 15

THE CENTRAL BANK could still raise interest rates on Thursday, according to half of analysts asked by BusinessWorld last week, although others expect monetary authorities to hold fire as policy tightening so far may have helped arrest inflation’s momentum but at the same time dampened economic growth. Read the full story......»»

Category: financeSource:  bworldonlineRelated NewsNov 11th, 2018