Category: Business
Improved market sentiment lifts PH equities, peso on sideways
The local bourse returned to the 6,200-mark, buoyed by better market sentiment while the peso slightly gained on Tuesday’s trading.’The PSEi (Philippine Stock Exchange index) gained today by 82.07 points, or 1.3 percent to close at 6,280.90, near two-…
Gov’t lists 2nd retail dollar bond
The Bureau of the Treasury (BTr) on Wednesday formally listed on the Philippine Dealing and Exchange Board, the second Retail Onshore Dollar Bonds (RDB 2). The BTr said the USD1.26 billion, 5.5-year-issued RDB 2 has a coupon rate of 5.75 percent per a…
MALAYSIA’S LEVEL OF INVESTMENT HAS IMPRESSED THE SRI LANKAN GOVERNMENT AND BUSINESS ORGANISATIONS: ZAMBRY
The Sri Lankan Government and business groups are highly impressed with the level of investments from Malaysia and will try to facilitate Malaysian investments with more consistent and investor-friendly policies, said Foreign Minister Datuk Seri Dr. Z…
DTI-Iloilo advises public to buy only from legitimate online sellers
The Department of Trade and Industry (DTI) has advised the public to purchase products only from legitimate online sellers who could immediately and properly address possible complaints, especially this holiday season which is the peak period for busi…
Australian ‘deal teams’ to bring investments to Southeast Asia
The Australian government’s plan to establish investment deal teams in Southeast Asia is a “revolutionary” move. Senior Trade and Investment Commissioner Christopher Lim of the Australian Embassy in Manila said their government generally encourages ov…
Balisacan: Further rate hike to hurt economy
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said further raising interest rates will hurt the Philippine economy.”If I were in the Monetary Board, I would say no [to policy rate hike]. Because we have been the most a…