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PH needs to 'reduce taxes', 'settle policy' to benefit from investor exodus from China: Angara, Marcos

Katrina Domingo, ABS-CBN News
Posted at Apr 30 07:46 PM

The Philippines must "settle" its policies on businesses to tame uncertainties and attract coronavirus-worried investors who are exiting China to relocate to the Philippines, at least 2 senators said Thursday as the global pandemic continued to take a toll on the world economy. Read more »

Simple ways to grow your money while on lockdown

Moneymax.ph
Posted at Apr 17 06:53 PM

Many of the Philippines’ biggest corporations are now mapping out procedures to determine which of their employees can and cannot return to work when more businesses are allowed to operate. Read more »

Voyager Innovations raises $120 million additional funding for PayMaya expansions

ABS-CBN News
Posted at Apr 06 06:20 PM

Its stakeholders PLDT Inc, KRR, China's Tencent, IFC and IFC Emerging Asia Fund committed up to $120 million new investments in Voyager, operator of PayMaya, the groups said in a joint statement.  Read more »

Time to buy stocks again, market mavens say

Thyagaraju Adinarayan, Reuters
Posted at Mar 27 08:25 AM

BlackRock, Credit Suisse and some other big banks reckon it is time to get back into equities after markets rallied this week following massive government and central bank stimulus packages to fight fallout from the coronavirus crisis. Read more »

Philippines to ensure 24/7 energy supply, as lockdown seen to slow power projects

ABS-CBN News
Posted at Mar 19 10:05 AM

Some foreign contractors and workers were barred from traveling while delays in delivery of imported parts and equipment needed for energy facilities have been observed, Energy Secretary Alfonso Cusi said in a statement. Read more »

OPINION: And we are back to square one

Edmund S. Tayao
Posted at Mar 02 12:13 PM

We are back to the same approach we have been at from the very start, piecemeal or tingi reforms. This can be seen in many pending bills in Congress.  Read more »

'Don't panic': Philippines 'strong' in face of virus risk, says analyst

ABS-CBN News
Updated as of Feb 27 10:53 AM

Should the outbreak stretch to June, it could shave 50 basis points off gross domestic product growth due to slowdowns in exports, manufacturing and tourism, said ATR Asset Management head of equities Julian Tarrobago. Read more »

OPINION: If PDRs are unconstitutional, why did Duterte sign the law renewing GMA-7's franchise even though it has PDRs patterned after ABS-CBN’s?

Raissa Robles
Updated as of Feb 27 02:43 AM

When President Duterte approved GMA’s franchise, Jose Calida was the Sol Gen. Read more »

ABS-CBN franchise woes may have 'chilling effect' on investors — Sen. Pangilinan

ABS-CBN News
Posted at Feb 24 09:19 PM

Investors may become wary that other publicly listed corporations could "face a similar experience and lose billions," Sen. Francis Pangilinan said.  Read more »

Metro Pacific adds Los Baños Doctors to hospital stable

ABS-CBN News
Posted at Feb 20 11:25 AM

Metro Pacific Hospital Holdings, led by tycoon Manuel Pangilinan, invested P250 million in Los Baños Doctors Hospital and Medical Center, taking a 51-percent equity interest, MPIC told the stock exchange. Read more »

NEDA chief says ABS-CBN franchise issue may spook investors

Katrina Domingo, ABS-CBN News
Posted at Feb 19 08:39 PM

Socioeconomic Planning Sec. Ernesto Pernia on Wednesday said the possible shut down of ABS-CBN Corp. may "have some adverse effects on investments."  Read more »

Pangilinan's Metro Pacific partners with Dusit for tourism foray

ABS-CBN News
Posted at Feb 19 09:15 AM

The conglomerate led by tycoon Manuel Pangilinan said its unit, Metro Vantage Properties Inc, will design, develop and market 2 hotels in 3 condominiums in Batangas. Dusit Thani Philippines will oversee the hospitality and tourism side of the business, it said. Read more »

What are PDRs? Ex-stock exchange chief says it's like betting on a horse

ABS-CBN News
Updated as of Feb 12 10:16 AM

Philippine Depository Receipts or PDRs gives the holder the right to receive dividends from the issuer and the right to convert the PDRs to shares of stock, but only if he or she is qualified, said former PSE president and ACCRA Law senior partner Francis Lim. Read more »

Cyprus 'investment-for-passports' scheme a laundering risk - watchdog

Reuters
Posted at Feb 12 08:07 AM

ATHENS - A European money laundering watchdog has cautioned that a secretive investment-for-passports program run by Cyprus was vulnerable to money laundering and fraught with risk. Read more »

Investments for beginners: 4 tips for first-timers

Moneymax
Posted at Jan 31 04:13 PM

Before you start your investment, keep in mind these helpful tips for beginners like you. Read more »

Dv Boer owner admits delayed payout complaints

ABS-CBN News
Posted at Jan 31 12:13 AM

The owner of DV Boer farm admits complaints of delayed payments by some of their investors are true, but there is no assurance as to when the payouts would resume. Read more »

Diokno: FDIs in PH could reach record highs this year

Bruce Rodriguez, ABS-CBN News
Posted at Jan 25 12:55 AM

Foreign direct investments into the Philippines could revisit record highs in 2020, according to the country's central bank governor Benjamin Diokno on Friday. Read more »

Euro chamber urges PH government to honor sanctity of contracts

ABS-CBN News
Posted at Jan 21 05:18 PM

The European Chamber of Commerce of the Philippines (ECCP) says the Philippine government should honor the sanctity of contracts or risk losing more foreign investors. Read more »

Economic zones build disaster defenses, the military reservist way

Michelle Ong, ABS-CBN News
Updated as of Jan 17 03:01 PM

The PEZA has been "emphasizing" disaster preparedness in all 400 economic zones, even before Taal erupted last Jan. 12 Read more »

Climate crisis to reshape finance: BlackRock CEO

Andrew Ross Sorkin, The New York Times
Posted at Jan 15 08:41 AM

BlackRock is the world’s largest asset manager with nearly $7 trillion in investments, and this move will fundamentally shift its investing policy — and could reshape how corporate America does business and put pressure on other large money managers to follow suit. Read more »