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Market cautious amid slow economic recovery outlook

Share prices are expected to move sideways this week with a downward bias as investors are starting to lose confidence on the quick recovery of the domestic economy......»»

Category: financeSource: thestandard thestandardJan 31st, 2021

Slow pace of COVID-19 jabs dims Philippine growth outlook

The still slow pace of COVID-19 vaccination in the country continues to dampen prospects for a strong economic recovery this year even as domestic activity is showing signs of a rebound......»»

Category: financeSource:  philstarRelated NewsJul 5th, 2021

Hot money outflow slows

More foreign portfolio investments or speculative funds were pulled out from the Philippines than what came in for the third straight month in April, but the withdrawal continues to slow down amid the improving global economic outlook and the rollout of COVID-19 vaccines, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2021

Market may drift lower over uncertain economic outlook

Share prices are expected to continue to drift lower amid uncertainties over the prospects of the economy because of the pandemic......»»

Category: financeSource:  thestandardRelated NewsMay 10th, 2021

Bond market gets boost from better global outlook

The domestic bond market grew in the fourth quarter of 2020 to P8.57 trillion amid an improving global economic outlook following progress in COVID-19 vaccines, according to the Asian Development Bank......»»

Category: newsSource:  philstarRelated NewsMar 28th, 2021

Expansion of labor market needed amid pandemic

The Philippines should conduct a rapid assessment of its overall employment situation and move toward expanding labor market programs as part of its economic recovery amid the pandemic......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2021

Market drops on profit taking; BDO, Converge lead decliners

The stock market fell Wednesday on profit taking after rallying the previous day, weighed down by lingering impact of the pandemic and prospects of a slow economic recovery......»»

Category: financeSource:  thestandardRelated NewsFeb 18th, 2021

Stocks down slightly; Metro Pacific climbs

The stock market fell slightly Wednesday on profit taking as many investors turned cautious on prospects of a shaky economic recovery......»»

Category: financeSource:  thestandardRelated NewsFeb 3rd, 2021

Asian traders cautious as vaccine hopes offset by virus surge

Hong Kong, China—Asian markets mostly rose Wednesday, November 18, 2020, but investors were shifting cautiously as they weighed hopes for a virus vaccine against surging infections around the world that threaten an already stuttering economic recovery. While the mood on trading floors remains broadly optimistic about the long-term outlook, analysts said the coronavirus will continue […] The post Asian traders cautious as vaccine hopes offset by virus surge appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsNov 18th, 2020

CEOs divided on revenue growth prospects amid hard times

The country's chief executives are divided on whether their company will see revenue growth in the next three years as the economic fallout from the coronavirus pandemic darkens their outlook for recovery, a new survey released Monday showed......»»

Category: newsSource:  philstarRelated NewsSep 14th, 2020

Sun Life sees U-shaped economic recovery for PH

The gradual resumption of economic activities here and overseas could support a U-shaped gross domestic product (GDP) recovery for the Philippines, according a Sun Life Philippines analyst. In a virtual market outlook briefing on Thursday, Sun Life Philippines Chief Investments Officer Michael Enriquez said the country’s economy could shrink by 2 to 2.5 percent this […].....»»

Category: newsSource:  manilatimes_netRelated NewsMay 30th, 2020

‘Delta variant poses risk to recovery’

The stricter lockdown measures aimed to slow the spread of the more infectious COVID Delta variant pose serious challenges to the economy and the labor market, a Department of Finance official said......»»

Category: financeSource:  philstarRelated NewsAug 12th, 2021

PSBank optimistic despite volatile, cautious market

The thrift banking arm of Metropolitan Bank & Trust Co. remains optimistic amid the volatile and cautious market as the country continues to struggle to contain the COVID-19 outbreak......»»

Category: financeSource:  philstarRelated NewsAug 8th, 2021

Stock market up again; ICTSI, DITO advance

Share prices rose for the third straight day Wednesday in step with the rest of Asia as optimism over the economic recovery and coronavirus vaccinations plays off against concerns about the fast-spreading Delta variant and China’s regulatory crackdown......»»

Category: financeSource:  thestandardRelated NewsAug 4th, 2021

Bank lending shrinks for 7th straight month

Loan disbursements by big banks shrank for the seventh straight month, although at a slower pace of two percent in June from four percent in May, as the spread of the COVID-19 Delta variant continued to temper outlook for economic recovery......»»

Category: newsSource:  philstarRelated NewsJul 30th, 2021

Analysts see volatile stock market trading

Trading at the Philippine Stock Exchange is expected to remain volatile this week due to the spread of the more infectious Delta variant of the coronavirus that could slow down global recovery......»»

Category: financeSource:  thestandardRelated NewsJul 26th, 2021

BDO Securities cautiously optimistic amid virus risks

Despite the improved pace of vaccination for COVID-19, BDO Securities still sees risks that may derail the local stock market’s recovery......»»

Category: financeSource:  philstarRelated NewsJul 23rd, 2021

‘Lack of fiscal support a drag on Philippines recovery’

The pace of economic recovery in the Philippines would be the slowest in Asia amid a lackluster fiscal response to the pandemic, with the threat of long-term scarring effects now more visible than ever, an international think tank said......»»

Category: financeSource:  philstarRelated NewsJul 22nd, 2021

ADB keeps Philippine growth outlook

Manila-based Asian Development Bank is keeping its economic growth outlook for the Philippines at 4.5 percent this year amid a sea of downgrades in Southeast Asia due to the resurgence of COVID-19 cases......»»

Category: financeSource:  philstarRelated NewsJul 20th, 2021

Local shares drop as Delta variant brings fresh threat to Philippines

The detection of highly contagious Covid-19 Delta variant in the Philippines sent local shares into a tailspin on Monday, amid growing unease among investors over the virus’ threat to economic recovery......»»

Category: financeSource:  philstarRelated NewsJul 19th, 2021

Shares drop as investors panic over Delta variant

The stock market sustained its decline yesterday as health authorities reported the first local coronavirus transmission of the dreaded Delta variant, further scaling back prospects of a speedy economic recovery......»»

Category: financeSource:  philstarRelated NewsJul 16th, 2021