MSME Empowerment Program Now in Dinagat Island Province

The Credit Surety Fund (CSF) Program of the Bangko Sentral ng Pilipinas (BSP) has made another considerable milestone in Dinagat Island Province after cooperatives, capital-short businessmen and micro small and medium enterprises (MSMEs) call for the establishment of the program in the province, the first in CARAGA Administrative Region. BSP Monetary Board Member V. Bruce […]
Continue reading…

 

PHStocks Exclusive: Top 50 Best Performing Stocks in April 2016

Manila—(PHStocks)—We have yet to see the real impact of the recent elections in our country’s stock market. Over the past few days, however, the Philippine Stock Exchange index has seen pretty strong finish owing to the relatively fast, credible and peaceful national elections on May 9. Market observers meanwhile expect the euphoria to taper in the next […]
Continue reading…

 

PSEi Climbs Back to 7,000

Manila—(PHStocks)—After yesterday’s selloff that saw the bellwether Philippine Stock Exchange (PSE) index dive to 6,966.21, local stocks recovered today, 18 December, buoyed by the positive performace in US stocks after the Federal Reserve announced that it will keep rates near zero for a “considerable time”. PSEi gained 0.91% or 63 points to close the session […]
Continue reading…

 

Lower-than-forecast GDP Growth Halts PH Stocks’ Rally

Manila—(PHStocks)—Philippine stocks retreated anew on Thursday, 27 November, as investors soured on the market after a lower-than-expected third-quarter GDP results. According to the Philippine Statistics Authority – National Statistical Coordination Board, the Philippine economy grew by 5.3% for the third quarter of this year from last year. This is lower than the 6.4 percent growth […]
Continue reading…