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AUTHORS
Ramon Royandoyan
Ramon Royandoyan
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BSP sees bank lending returning to growth path in Q3
by Ramon Royandoyan - June 14, 2021 - 5:47pm
Bank lending would likely return to growth mode in the third quarter, with hopes pinned on further easing of pandemic restrictions and mass vaccinations to ease lingering risk aversion among lenders and bo...
Converge joins 2 global stock market indices
by Ramon Royandoyan - June 14, 2021 - 10:41am
Listed broadband services provider Converge ICT Solutions Inc. joined two indices in London’s Financial Times Stock Exchange (FTSE), a move seen helping the company grow its clout among international...
Energy chief wants government control of Philippines' power grids
by Ramon Royandoyan - June 10, 2021 - 6:43pm
Energy Secretary Alfonso Cusi wants the government to control the country’s power grid system, as he accused the private sector-led management of delaying projects meant to stop the perennial problem of energy...
Huge 'low base' lift boosts job-generating FDIs in March
by Ramon Royandoyan - June 10, 2021 - 1:05pm
Foreign direct investments to the Philippines posted a headline-grabbing growth in March, thanks to a huge lift from base effects that will likely fade in the next months.
Pandemic made Manila a less liveable city in 2021 — report
by Ramon Royandoyan - June 9, 2021 - 6:32pm
The coronavirus pandemic that stretched Manila’s dilapidated healthcare system to the limit made the Philippine capital a less liveable city this year.
Bucking regional slump, PSEi finishes near 7,000-level
by Ramon Royandoyan - June 9, 2021 - 3:29pm
Philippine equities bucked a regional downturn on Wednesday to close near the 7,000-level, as foreign investors bet anew on local stocks despite a slew of bad economic news in the previous day.
'Low base' boost brings factory output back to growth path in April
by Ramon Royandoyan - June 8, 2021 - 6:12pm
Manufacturing output finally returned to the positive territory for the first time in over a year in April, thanks to so-called “low-base effects” that hardly tell a convincing improvement in...
Franchise debacle widens ABS-CBN's net loss in 2020
by Ramon Royandoyan - June 8, 2021 - 3:49pm
It was a year of heartbreak for ABS-CBN Corp. in 2020 after a bitter battle with the government for its license and a pandemic-induced recession drove the embattled media company to a massive loss.
World Bank turns gloomier as Philippines' virus fight returns to square one
by Ramon Royandoyan - June 8, 2021 - 1:39pm
The World Bank slashed anew its growth forecast for the Philippines, as emerging signs of recovery seen in previous months dissipate in the face of fresh coronavirus lockdowns.
Lopez Holdings swings to loss after power, media units underperformed
by Ramon Royandoyan - June 7, 2021 - 4:17pm
Lopez Holdings Corp. sank into the red in 2020 after its media and power businesses posted lackluster earnings in the past pandemic year.
Luzon power plants asked to explain more frequent shutdowns
by Ramon Royandoyan - June 7, 2021 - 1:15pm
Energy regulators are asking power generation companies in Luzon to explain why unplanned plant shutdowns that prompted rotational blackouts in some parts of the main island have been more and more frequent rec...
BIR files tax evasion raps against Rico's Lechon founder, 5 others
by Ramon Royandoyan - June 4, 2021 - 5:12pm
Taxmen are going after the founder of Rico’s Lechon for his alleged failure to pay the correct taxes.
Inflation steadies anew in May but supply woes persist
by Ramon Royandoyan - June 4, 2021 - 9:36am
Inflation remained steady for the third straight month in May, a welcome reprieve to consumers amid a pandemic-induced economic slump.
Easing pandemic curbs drive local shares to near 3-month high
by Ramon Royandoyan - June 2, 2021 - 5:32pm
Philippine shares rallied to their best finish in nearly 3 months on Wednesday, as the market cheers a further easing of pandemic restrictions.
Retail investors dominate PSE as lingering pandemic reshapes stock market
by Ramon Royandoyan - June 2, 2021 - 1:55pm
Retail trading is on the rise on the Philippine Stock Exchange, with the pandemic further boosting the number of online accounts in what could be a clear sign of investors' shift on trading format.
Noodle giant Monde Nissin opens lower on debut
by Ramon Royandoyan - June 1, 2021 - 1:59pm
Philippine instant noodle giant Monde Nissin opened lower as it debuted on the country's stock market Tuesday after raising more than $1 billion in a record-breaking initial public offering in the Southeast Asian...
High power bills, fuel costs likely pushed up inflation to 4.8% in May — BSP
by Ramon Royandoyan - May 31, 2021 - 1:44pm
Rallying oil prices and power rates likely pushed up inflation in May, putting it beyond government target for fifth straight month, the Bangko Sentral ng Pilipinas reported Monday.
P54.6B for military, police pension raises questions on 'Bayanihan 3' priorities
by Ramon Royandoyan - May 31, 2021 - 12:38pm
It’s a “liability” that must be met, lawmakers said, but observers argued it puts into question whether the cash-strapped government would spend on the right priorities amid the pand...
Despite online shopping boom, pandemic reverses Filipinas' success in e-commerce space
by Ramon Royandoyan - May 27, 2021 - 7:17pm
Filipina entrepreneurs in the local e-commerce space suffered more from the pandemic fallout than their male counterparts, reinforcing observations that the health crisis is disproportionately hurting women.
Moody's unit turns gloomy on Philippines' struggle to exit pandemic
by Ramon Royandoyan - May 24, 2021 - 2:18pm
A sluggish vaccination program and a “decentralized” healthcare system is delaying the Philippines’ economic comeback, with growth prospects for this year turning bleaker as the country struggles...
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