Makati—(PHStocks)—BDO Unibank Inc. (BDO) has forged partnerships with different Japan Regional Banks (JRBs) to support Japanese mid-tier companies and SMEs interested in operating in the Philippines. These partnerships were prompted by the memorandum of understanding sealed by BDO with the Japan Bank for International Cooperation (JBIC) in March, essentially promoting the development and strengthening of a […]
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Manila—(PHStocks)—Philippine stocks recovered Thursday, 1 August, lifted by indications that the US Federal Reserve will continue its monthly bond buying program. The mainboard Philippine Stock Exchange (PSE) index increased by 0.28% to 6,661.44. Except for the Property sector (-0.24%), all counters were up, led by the Mining and Oil index, which increased by 0.63%, followed […]
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Manila—(PHStocks)—Philippine stocks slipped slightly on Thursday, 25 July, as investors cash in on their gains. The Philippine Stock Exchange (PSE) index declined by just 0.06% or 4.05 points to close today’s trading at 6,800.11. Most counters marginally declined, except the Financials (+0.57%) and Industrial (+0.25%). The Property sector was the biggest loser, sliding by 0.46%. […]
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Manila—(PHStocks)—Philippine stocks jumped further on Wednesday, July 24, as investors remain optimistic of the country’s macroeconomic growth this year. With the confusion settling down regarding whether or not the US Federal Reserve will start scaling back its stimulus program, “hot money” is starting to flood the market again. The Philippine Stock Exchange (PSE) index went up by […]
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Manila—(PHStocks)—Philippine stocks declined Friday, 19 July, as investors cash in on their gains after a rally the previous day. The Philippine Stock Exchange (PSE) index kept its hold on the 6,600 level, closing the week at 6,621.02, up by 0.41%. Only the Mining and Oil (+0.57%) and Holding Firms (+0.06%) managed to eke out gains. […]
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Manila—(PHStocks)—Philippine stocks rally to 6400 level Thursday, 11 July, lifted by the International Monetary Fund’s (IMF) raising its outlook for the country’s economic growth. The benchmark Philippine Stock Exchange (PSE) index jumped by 1.57% or 99.18 points to close today’s trading at 6,407.36. All counters were back in the green, led by the Property sector, […]
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