MB Sets Expectations from External Audit
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Monetary Board (MB), in its meeting held on 27 February 2014 approved the guiding principles
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Author: PHStocks
PH Stocks Fall Further on Chinese Economy Slowdown
Manila—(PHStocks)—Philippine stocks extended their declines Friday, 14 March, on investor worries on China’s economic growth. The Philippine Stock Exchange index
Read MorePSE 2013 Net Income Up 35%
Makati—(PHStocks)—The Philippine Stock Exchange Inc. (PSE: PSE) has posted a net income of PhP844.8 million for 2013, up by 35.1 percent to
Read MorePSE Announces Cash Dividend
Manila—(PHStocks)—The Philippine Stock Exchange Inc. (PSE: PSE) has declared cash dividend equivalent to a total of PhP9.00 per share, broken down as follows:
Read MoreForeign Portfolio Flows Improve in February
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Registered investments for February 2014 reached $1.5 billion, reflecting a 16.7 percent growth from the $1.3
Read MoreFDI Up 20% to $3.9B in 2013
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Net foreign direct investment (FDI) inflows in 2013 rose to $3.9 billion from $3.2 billion in
Read More“Hot Money” Stood at a Net Outflow in February
For the third straight month in February, there was a net outflow in investments in local stocks, bonds and peso-denominated
Read MoreMoody’s: Sudden Stop of Inflows Won’t Hurt PH
The Philippines is strong enough to withstand even a “sudden stop” in foreign portfolio investments that may result from the
Read MoreGovernment Borrowings Down 42% in 2013
The government borrowed significantly less in 2013 than in the previous year, as the increase in tax collection helped trim
Read MoreDOF Out to Remove Cap on Foreign Investments
Department of Finance (DOF) Secretary Cesar Purisima is seeking to reduce the level of restrictions to foreign investments saying that
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