News

Manila Water shareholders in for 'long game,' analyst says

ABS-CBN News
Posted at Mar 20 10:12 AM

Shares of the Ayala-led water concessionaire rebounded from Tuesday, up 2.39 percent to P25.70 in early trading. The main index was up 0.05 percent. Read more »

Century Properties rides on residential, office space growth

ABS-CBN News
Updated as of Mar 19 03:24 PM

The company plans to build 33,000 homes in the next 5 years with projected revenues at P57 billion. Read more »

Philippines gets 'positive' outlook from investment house

ABS-CBN News
Updated as of Mar 15 08:14 PM

The Philippines has a "more positive" outlook this year compared to 2018 due to stable economic growth, according to a fund manager who manages a $1.5 billion portfolio. Read more »

Philippines needs 'czar,' more infra for water: American Chamber

ABS-CBN News
Updated as of Mar 14 07:47 PM

There "water czar" should be a cabinet-level official tasked coordinate 32 government offices and come up with a "single voice," said Chris Ilagan, co-chairman of the American Chamber of Commerce of the Philippines. Read more »

European businessmen back proposals to liberalize retail

ABS-CBN News
Posted at Mar 13 05:17 PM

European businessmen on Wednesday backed economic managers' call to further liberalize several sectors of the economy to attract more foreign investment.  Read more »

Chinese leasing inquiries remain 'strong,' says property analyst

ABS-CBN News
Posted at Mar 11 10:42 AM

Leasing transactions in 2018 grew 40 percent from the previous year, with 125,000 square meters in "transacted" space, said JLL head of research and consultancy Janlo de los Reyes. Read more »

Peso strengthens as inflation cools, current account stabilizes: analyst

ABS-CBN News
Posted at Mar 06 11:33 AM

Cooling inflation and a stabilizing current account position is aiding the peso's recovery against the dollar, with the local currency expected to end the year at the P52 level, an analyst said Wednesday. Read more »

Cooling inflation 'positive all around,' says LBC Express CFO

ABS-CBN News
Posted at Mar 05 10:28 AM

LBC Express sees "considerable" growth opportunities, with plans to build up to 100 branches annually, Rey told The Briefing on ANC's Market Edge. Read more »

Dissecting Data: Hitting and missing economic targets

ABS-CBN News
Posted at Mar 01 10:16 AM

How did President Rodrigo Duterte's government fare against targets on growth, inflation and other key indicators in 2018? Warren de Guzman and ABS-CBN Data Analytics dig deeper into the numbers in this report. Read more »

Inflation likely at 4 to 4.2 percent in February: Security Bank

ABS-CBN News
Posted at Mar 01 10:00 AM

The consumer price index could settle within monetary authorities' 2 to 4 percent target range in the second quarter, said Security Bank chief economist Dan Roces. Read more »

S&P Global Platts: Coal industry to continue seeing growth in Southeast Asia

ABS-CBN News
Posted at Feb 28 03:01 AM

Despite uncertainties over the U.S.-China trade dispute and a rise in demand for renewable energy, S&P Global Platts sees coal to continue powering Southeast Asia.       Read more »

In digital shift, 'no one is immune' from disruption, says Accenture

ABS-CBN News
Posted at Feb 27 04:16 PM

From insurance, capital markets and utilities, Fortune 500 firms have realized that "no one is immune from disruption." Read more »

Vietnam meeting can build Trump-Kim ties further: analyst

ABS-CBN News
Posted at Feb 27 10:51 AM

US President Donald Trump and North Korean leader Kim Jong Un will meet for the second time in an attempt to address Pyongyang's nuclear weapons program. Read more »

BSP seen keeping eye on inflation before policy easing

ABS-CBN News
Updated as of Feb 26 10:42 AM

Monetary authorities are looking for more signs that they are "comfortable" with the pace of easing inflation, said former National Treasurer Omar Cruz. Read more »

7-Eleven plans 400 new stores, sees poll-driven sales bump

ABS-CBN News
Updated as of Feb 26 10:04 AM

Presidential elections, compared to mid-term polls, drive retail sales higher, the Philippine operator of 7-Eleven convenience stores said. Read more »

Moody's: Bangko Sentral, rice reform laws 'positive' for PH

ABS-CBN News
Updated as of Feb 25 03:53 PM

A law that imposes tariffs on rice imports in place of quotas will "diminish price volatility" in the staple grain, Moody's said in a research note. Read more »

Markets wary of possible 'face-saving' US-China deal

ABS-CBN News
Posted at Feb 25 12:39 PM

Financial markets are bracing for the outcome of talks between the US and China that are aimed at ending a trade war. Read more »

Wall Street outlook: It may be time for growth to run out of gas

Chuck Mikolajczak, Reuters
Updated as of Feb 25 12:19 PM

The S&P 500 has rallied nearly 18 percent since its Dec. 24 low. During that time the Russell 1000 Growth index has fared even better with a gain of almost 20 percent while the Russell 1000 Value index has lagged with a gain of about 17 percent. Read more »

Brexit uncertainty continues weigh on UK businesses: British Chamber

ABS-CBN News
Posted at Feb 20 06:38 PM

British businessmen want clarity on what will happen after the United Kingdom leaves the European Union.  Read more »

Interest rate pause aids property sector: Ortigas and Co

ABS-CBN News
Updated as of Feb 18 12:14 PM

Developers have to make sure that monthly amortizations are affordable, said Ortigas and Co chairman president and chief executive officer Jaime Ysmael. Read more »