COL Revenues Up 6%

Online stockbroker CitisecOnline (PSE: COL) has reported total revenues of PhP490 million for 2010, up 6% from 2009, driven by the doubling of both its customer base to 15,510 and customer assets to PhP12 billion. The company has also approved a 40-centavo cash dividend per share during its Annual Stockholders’ meeting held March 31. The […]
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2010 BOP Surplus Reaches $14.4B

The balance of payments (BOP) surplus stood at $7.9 billion in the fourth quarter of 2010, a nearly fourfold increment over the $2 billion surplus registered in the comparable quarter a year ago, according to the Bangko Sentral ng Pilipinas (BSP). The appreciable improvement in the external payments position was due to the robust net […]
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Foreign Portfolio Investments Reach $740M in February

Transactions during February 2011 resulted in a net inflow of $534 million, nearly thrice the $193 million net inflow in January due to lower outflows ($935 million in February 2011 against $1.3 billion in January 2011), according to the Bangko Sentral ng Pilipinas (BSP). The net inflow also represented almost four times the $139 million […]
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Pinoys Still “At Home Sa Jollibee”

Jollibee (PSE: JFC) recently reported strong net income and improved profit margins for the fourth quarter and for the whole of 2010. For someone as inexpert in the technicalities and financial complexities of the stock market as I, there is just one “layman’s” explanation for this: Pinoys are still at home with Jollibee… really. Let […]
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PH Exports Up 33.7% in 2010

For 2010, the Philippines joined Indonesia as the two strongest performers in East and Southeast Asia in terms of export growth.
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