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Argentina permitted to tap IMF bailout
The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»
PAL denies that it has started the groundwork to sell a minority stake to strategic investor
Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»
Investor interest in power gaining steam – Lotilla
Investor interest in the country’s power sector, particularly in the renewable energy space, continues to gain steam, according to the Department of Energy......»»
As a new investor, how should I pick stocks to invest in?
For 99% of people who ask this question, the best answer would probably be: “You don’t.” But that’s a very unsatisfying response to give someone who has come to the market with big eyes and bigger dreams, and it’s the kind of response that starts out true but could (at some point) cease being true and constructive as the investor gains understanding and skills......»»
FDI inflow registers 2-month high in January
The inflow of foreign direct investments soared by 89.9 percent to hit a two-month high in January, as easing inflation boosted investor confidence in the Philippines......»»
Ginebra needed confidence-boosting win vs Magnolia, says Cone
The huge, grind-it-out win over the Magnolia Hotshots on Sunday gave confidence back to Barangay Ginebra after suffering a drubbing against the Meralco Bolts last month......»»
Fitch sees Philippine economy growing by 6.4% in 2024
“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»
Remains of 2 Filipino seafarers still in cargo vessel — Cacdac
MANILA, Philippines — The remains of the two Filipino seafarers who died from the missile strike in the Gulf of Aden were left in the ill-fated carrier vessel True Confidence, Migrant Workers Officer-in-Charge Hans Leo Cacdac said on Friday. Cacdac, in a radio interview, said True Confidence caught fire after the deadly Houthi missile strike. “Yung labi.....»»
McLaren s Bustamante oozing with confidence ahead of F1 Academy season
Filipina racer Bianca Bustamante says her confidence is at an all-time high ahead of her second season in the F1 Academy with McLaren supporting her all the way this opening weekend at Jeddah, Saudi Arabia......»»
Pops inatake ng depresyon, nawalan ng confidence: Hirap akong kumanta
INATAKE rin ng matinding depresyon ang Original Concert Queen na si Pops Fernandez nang mawalan ng confidence sa pagiging singer. Yan ang naging rebelasyon ng singer-actress noong panahong nawala siya pansamantala sa mundo ng showbiz. Sa panayam ng “Fast Talk with Boy Abunda” kamakailan, inamin ni Pops na totoong nawalan siya ng kumpiyansa sa sarili.....»»
IMF hikes Philippines 2024 growth target
The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»
Race for global economic dominance sees striking turn of fortunes - ex-IMF official
The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday. The American economy defied forecasts in outperfo.....»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
Malaysian Chamber eyes Davao’s logistics hub potential
THE Malaysia Chamber of Commerce and Industries Philippines, Inc. (MCCI) foresees strong business confidence for investing in Davao City, positioning it as a potential world-class logistics hub competing with leading regions in Southeast Asia such as Singapore, Macau, and Kuala Lumpur in Malaysia......»»
Al-ag proposes to repeal ordinance requiring delivery riders biz permits
Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»
Philippines lodges strong protest with China over water cannon attack in disputed South China Sea
Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»
Philippines lodges strong protest with China over water cannon attack in disputed South China Sea
Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»
What would be the title of your autobiography as a PSE investor?
I’m going to share some of the (anonymized) responses that I received......»»
What’s the most unexpected plot twist you’ve experienced as an investor?
My most unexpected investing "plot twist"......»»
BPI readies issuance of dollar bonds
The Bank of the Philippine Islands is close to issuing its dollar-denominated bond sale, as it has started a series of fixed income investor meetings......»»