Factory output declines for 10th straight month
Manufacturing output fell for the 10th consecutive month in September, data from the Philippine Statistics Authority (PSA) showed.
Based on volume produced, the volume of...
Colfinancial bullish despite weak trader sentiment
Online stock brokerage firm Colfinancial.com remains optimistic amid a continuing increase in client base at an average of about 3,000 active accounts, despite the...
Cap on lending rates sought
The Bangko Sentral ng Pilipinas (BSP) should look into putting a cap in lending rates and other fees lending and financing companies charge on...
Office market see another record year
The office property market is on track to another record-setting year despite a challenging period for the information technology business process management (IT-BPM) and...
Outsourcing to gain from trade war
Property consultant Colliers International said the Philippines is set to gain from the ongoing US-China trade war using its expertise in the outsourced service...
PH firm leads IPO revival in SE Asia
The Philippines is back on the regional capital market’s map for revitalized shares sale of companies as it marked the biggest initial public offering...
More RRR cuts in the offing
Another 100 basis point reduction in banks’ reserve requirement ratio (RRR) will take effect by November as the Bangko Sentral ng Pilipinas (BSP) works...
Int’l investors drive AllHome’s P15B IPO
Allocation for international and institutional investors in AllHome Corp.’s P14.9-billion initial public offering (IPO) was three times oversubscribed, according to Gerry Valenciano, PNB Capital...
Big Boss to spend P10B for new cement plants
Big Boss Cement Inc. (BBCI) looks to spend P10 billion for two cement plants in Pampanga and Zamboanga.
Gilbert Cruz, BBCI president, said the company...
P18B township to rise in Cavite
Megaworld Corp. and unit Global-Estate Resorts, Inc. (GERI) are jointly developing the 251-hectare Arden Botanical Estate at the boundary of Trece Martires City and...
