PH Stocks Up on Japan’s Improving Nuclear Situation

The bellwether Philippine Stock Exchange index (PSEi) went up 0.26% or 9.83 points to 3,854.14 points on Tuesday, amid news of improving nuclear situation in Japan. The wider all-shares index likewise moved up by 0.34% to 2,888.96 points as investor confidence slowly rebound. The Property index led the gaining sectors with a 1.17% increase, followed […]
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PH Stocks Slightly Up 0.12%

The bellwether Philippine Stock Exchange index (PSEi) went up Monday, a slightly slow but positive market opening for the week as Japan appears to have some success in cooling the nuclear reactors over the weekend. The PSEi closed the trading day at 3,844.31 points, up 0.115% or 4.43 points from Friday, when local shares rebounded […]
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PHStocks Week in Review: All Shook Up

While the brunt of the damage of the March 11 earthquake in Japan, which caused a tsunami that wiped out a coastal area and a nuclear crisis ongoing up to this day, was absorbed by the country, the whole world has felt its ripples, although at least not physically. Markets have reacted, supply chains were […]
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Nickel Asia Ensures Stability of Shipments

Since the earthquake followed by tsunami hit Pacific Metals Co. Ltd’s (PAMCO) Hachinohe Plant in Japan last March 11, the plant has stopped operations due to power blackout and damages to the facilities. There we no human casualties. PAMCO is a 2.8% shareholder in Nickel Asia Corp. (PSE: NIKL). It also holds a 36% stake […]
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IMI Revenues Up 4%

Electronics manufacturing services (EMS) provider Integrated Micro-Electronics Inc. (PSE: IMI), and a member of the Ayala (PSE: AC) group of companies, recorded $412.3 million in consolidated revenues for the 12 months ended December 31, 2010. This represents a year-on-year growth of 4% due to the sustained strong performance of IMI’s China operations and incremental revenues […]
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OF Remittances Reach $18.8B in 2010

Cumulative remittances from overseas Filipinos (OF) coursed through banks were more robust than expected in 2010, rising 8.2% year-on-year to $18.8 billion, according to Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. The 2010 level slightly exceeded the BSP’s forecast of  $18.7 billion remittances, or an 8% year-on-year growth for the year. Remittances […]
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PH Economic Team Set to Attract More Japanese Investments

SOURCE: Manila Bulletin The Philippines has urged Japanese businessmen to take advantage of the country’s economic momentum by increasing investments and trade via the Philippine Japanese Economic Partnership Agreement and participation in the P127 billion various infrastructure development projects to be auctioned this year under the Public-Private Partnership (PPP) program. Read This Article Related Articles:PH […]
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