PH Stocks Back in the Red
The Philippine Stock Exchange (PSE) Index (PSEi) ended Wednesday 0.72% or 28.66 points lower at 3,931.64. The Industrial, Property, and
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Markets
PH GS Rates Down 20BPS
Philippine government securities (GS) rates ended lower by 20 basis points on some bargain hunting. The 5 years closed at 5.85%,
Read MoreForeign Investments in PH Stocks and Securities Reached $4.6B in 2010
Transactions in foreign portfolio investments for the year 2010 yielded a net inflow of $4.6 billion, almost 12 times the
Read MorePH GS Rates Up 10bps
Philippine government securities (GS) rates traded 5-10bps higher again on risk aversion due to concerns in the European region. The
Read MoreOFW Remittances Reached $1.6B in November
Remittances from overseas Filipino workers (OFWs) coursed through banks surged by 10.5% year-on-year to reach $1.6 billion in November 2010,
Read MoreEDC Completes US$ Bond Offering
The Energy Development Corp. (PSE: EDC) successfully launched its maiden $300 million 10-year bond issuance. The Notes due 2021 were
Read MorePH GS Down 2bps
Philippine government securities (GS) rates ended slightly lower by 1-2bps last Thursday on some follow through buying. The 5 years
Read MoreFDIs Topped $1B in January-October
Net inflows of foreign direct investments (FDI) for the first ten months of 2010 reached $1.1 billion. Notwithstanding the favorable
Read MorePH GIR Level Reached $62.1B in December
Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed that the country’s gross international reserves (GIR) as of end-December
Read MoreBSP Rediscounts Rates for January 2011
The Bangko Sentral ng Pilipinas (BSP) has announced the rediscount rates applicable on loan availments by banking institutions for the
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