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Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Cosco ventures into RE with P552 million investment

Cosco Capital Inc. of retail tycoon Lucio Co has formalized its renewable energy venture with a P552-million investment for a majority stake in a company that operates a hydropower plant in Oriental Mindoro......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

What to consider when investing in condos in 2024

The Philippine property sector, marked by its perpetual dynamism, anticipates a propitious run in 2024. This buoyant outlook is primary driven by the real estate industry’s resilience even in the face of economic downturns......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

NTC blocking unlicensed investment apps

The National Telecommunications Commission has ordered the blocking of access to the website and app of foreign exchange platform MiTrade, accused by the Securities and Exchange Commission of offering investment opportunities without the necessary license......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Cebu weather: Pagasa forecasts slightly to moderate conditions

CEBU CITY, Philippines – Cebu weather is forecasted to be a continuation of slight to moderate conditions with potential heat index concerns in Metro Cebu and the rest of the province the weather bureau based in Mactan said. In its issued weather outlook on May 18, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).....»»

Category: newsSource:  inquirerRelated News10 hr. 35 min. ago

Cebu temperatures to hit 40°C as scorching weather persists

CEBU CITY, Philippines – The searing heatwave continues in Metro Cebu and the rest of the province as temperatures are expected to soar and the maximum heat index is projected to peak at 40 degrees Celsius on Saturday, April 27. This forecast comes from the 24-hour weather outlook and extended forecast released by the Philippine.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

Banks see higher loan demand in Q2

Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

BSP keeps policy rates anew

By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to the outlook........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Business confidence improves in Q2 – BSP

Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

KATRIBU on the impact of Maharlika Investment Fund on the Moro and Indigenous Peoples

A speech delivered by Beverly Longid, KATRIBU National Convenor, during the Maharlika Investment Fund forum organized by the First Quarter Storm (FQS) Movement......»»

Category: lifestyleSource:  abscbnRelated NewsMar 26th, 2024

Government raises IPAs project approval threshold to P15 billion

The government has increased the investment capital threshold assigned to investment promotion agencies (IPAs) to P15 billion in a bid to promote the ease of doing business......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

LGUs, 6th ID unite to ensure security of investment hubs

The Army’s 6th Infantry Division and local government units are to expand cooperation in securing the surrender of more local terrorists to sustain the peace spreading around now in potential investment destinations in provinces under its jurisdiction......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

[ANALYSIS] A soft and range-bound stock market that has not lost its luster

Whatever your investment intentions are, stick to companies within the investment areas that both have short-term and long-term potential.....»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2024

Jayda proud na ibinandera ang 1st investment ngayong 2024: ‘My own condo unit!’

SUPER proud ang Kapamilya singer-actress na si Jayda Avanzado sa kanyang milestone ngayong nagsisimula pa lang ang taong 2024. Sa Instagram, masaya niyang ibinandera ang ibinili niyang condominium unit kalakip ang ilang selfies habang hawak-hawak ang susi ng kanyang bagong titirhan. “Starting the year with some fulfillment: my first big girl purchase & investment of.....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

Foreign investment pledges plummet in Q1

Investment pledges from foreign firms approved by investment promotion agencies plunged by nearly 64 percent from January to March compared to last year’s level amid a stubbornly high inflation and steep borrowing costs......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

PLDT completes P2 billion investment in Radius

PLDT Inc. has placed a P2 billion investment in a unit of a sister company, marking another expansion for the telco leader working on solidifying its industry dominance......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024

SM Prime marks 30th anniversary with record-breaking income, PHP 100 billion investment for 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime Holdings Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a P100 billion investment......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024