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Sustained government spending to ease calls for tax cuts
Sustained government spending to ease calls for tax cuts
By Lawrence Agcaoili | Over a year ago
Philippine Equity Partners Inc. (PEP), the research partner of Bank of America Merrill Lynch, believes calls for the Aquino...
Business
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SDA cut to tame capital inflows
March 16, 2013 - 12:00am
The latest cut on special deposit account rates (SDA) is targeted at taming capital inflows that continued to push the peso up and hence, another round of easing could not be discounted, analysts said.
Business
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Benign inflation gives BSP more room to keep rates at record lows
By Lawrence Agcaoili | September 11, 2010 - 12:00am
Economists and analysts are convinced that the benign inflation has given monetary authorities enough elbow room to keep its key policy rates at record lows at least until the end of the year.
Business
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Budget deficit seen to remain at P200 billion
By Des Ferriols | May 22, 2009 - 12:00am
MANILA, Philippines - Despite the revenue drop in April, analysts said the budget deficit of the Arroyo administration would remain at P200 billion this year although spending might have to slow down unless revenues...
Business
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Stocks end 1.21 percent lower on continued profit-taking
February 8, 2007 - 12:00am
Share prices closed 1.21 percent lower yesterday with investors taking profits after the market recently hit its highest level in nearly a decade, dealers said. They said such a correction was to be expected...
Business
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Bank merger, strong Q3 results propel stocks to new 9-year high
November 8, 2006 - 12:00am
Share prices rose to a fresh nine-year high yesterday, buoyed by robust third quarter corporate results and news of a major merger in the banking sector, dealers said. They said stocks climbed, led by Equitable...
Business
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Market drifts listlessly in cautious trading
April 20, 2006 - 12:00am
Share prices closed flat yesterday after a listless session marked by profit-taking in overbought stocks, dealers said. After opening higher following Wall Street’s rally overnight, activity eased off as investors...
Business
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Market climbs for fourth straight session on bargain hunting
September 22, 2005 - 12:00am
Share prices closed 1.33 percent higher yesterday, extending gains for a fourth straight session on the back of selective bargain hunting in the blue chips, dealers said. They said, however, that volume was thin...
Business
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RP stock market is best performer in Asia since January
By Zinnia B. Dela Peña | May 17, 2005 - 12:00am
Despite slowing from its peak performance in early March, the Philippine stock market remained the best performing bourse in Asia with the main index growing 9.2 percent in dollar terms. Based on stock prices as...
Business
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Jan inflation seen to rise to 3.1%
February 4, 2004 - 12:00am
Philippine consumer prices likely rose 3.1 percent in the year to January, a pace unchanged from a month earlier but faster than the 2.7-percent rise in the year through January 2003, according to a Reuters survey. Most...
Business
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