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PH economy seen to grow by 6.5 percent in 2022

Warren de Guzman, ABS-CBN News
Posted at Dec 10 02:33 PM

The Philippine economy could grow by 6.5 percent in 2022 and is also likely to go back to its pre-pandemic level in the fourth quarter, Japanese financial services group Nomura said Friday. Read more »

PH on Nomura list of 'troubled 10' emerging markets

Warren de Guzman, ABS-CBN News
Posted at Aug 27 02:25 PM

The Philippines is on Nomura’s "troubled 10" list of emerging markets that are vulnerable to economic changes in the US and China. Read more »

PH seen remaining a laggard in ASEAN as window for new fiscal stimulus closes

Warren de Guzman, ABS-CBN News
Updated as of Jul 05 06:16 PM

 Japanese investment bank Nomura said on Monday it expects the Philippines to continue to lag behind its neighbors in terms of economic recovery after missing its window for additional fiscal spending to offset the effects of the COVID-19 pandemic. Read more »

Nomura sees remittances growing 5.1 percent this year

ABS-CBN News
Posted at May 18 04:30 PM

Remittances from overseas Filipinos may grow 5.1 percent this year after declining 0.8 percent in 2020, according to international financial services company Nomura.    Read more »

Japanese firms explore quantum cryptography to make stock trading secure

Kyodo News
Updated as of Dec 21 06:11 PM

A group of Japanese firms said Monday it has launched the country's first study into quantum cryptography in a bid to enhance the security of stock trading. Read more »

Nomura sees PH 'growth disappointment' in 2021, new rate cuts

ABS-CBN News
Posted at Dec 08 10:07 PM

Philippine economic growth next year will likely disappoint because of limited fiscal support, and this will lead the Bangko Sentral ng Pilipinas to cut rates, global financial services firm Nomura said on Tuesday.  Read more »

BDO completes takeover of BDO Nomura from Japanese partner

ABS-CBN News
Posted at Nov 26 04:23 PM

BDO Unibank on Tuesday said it completed the takeover of BDO Nomura, after Japanese financial services giant Nomura exited their stock brokerage partnership. Read more »

BDO seeks to consolidate brokerage business

ABS-CBN News
Posted at Jun 23 04:49 PM

BDO Unibank on Tuesday said it would acquire its Japanese partner’s stake in BDO Nomura Securities to consolidate its brokerage businesses.  Read more »

Philippines needs 'sizable' new COVID-19 budget fast: Nomura

ABS-CBN News
Updated as of May 11 10:38 AM

The Philippines needs to deploy a "sizable" supplementary budget fast to counter the economic fallout from the COVID-19 pandemic, an analyst said Monday. Read more »

THE DAY IN PHOTOS: March 20, 2020

ABS-CBN News
Posted at Mar 21 03:30 AM

Here are the big stories today in photos. Read more »

Japan lights Olympic flame

Issei Kato, Reuters
Posted at Mar 20 02:23 PM

Three-time Olympic gold medalists Tadahiro Nomura and Saori Yoshida pose after lighting the Olympic flame at the Olympic cauldron as Tokyo 2020 Olympics president Yoshiro Mori (left) watches during a ceremony at Japan Air Self-Defense Force Matsushima Base in Higashi-Matsushima, Miyagi prefecture on Friday.  Read more »

Bangko Sentral seen to pause rate cuts for 'extended period'

ABS-CBN News
Updated as of Oct 25 03:32 PM

The BSP slashed the overnight borrowing rate by a total 75 basis points, bringing it to 4 percent. The last of 3 25-point cuts was announced last Sept. 26. Read more »

More Japanese brands crop up in Philippines as tourism grows

Jamaine Punzalan, ABS-CBN News
Posted at Aug 03 07:53 AM

The growing number of Filipino tourists to Japan is stoking demand for more Japanese brands and products, and investors are responding. Coming soon: Japan's "smart toilets" and earthquake dampers in BGC. Read more »

Tax reforms likely to remain high on Duterte agenda: analyst

ABS-CBN News
Posted at Jul 22 02:03 PM

Euben Paracuelles of Nomura Securities believes passing the second tax reform package is the "appropriate path" to take to fund the massive infrastructure push. Read more »

Duterte must 'iron out' second tranche of tax reform for investors: analyst

ABS-CBN News
Updated as of Jul 22 11:07 AM

President Rodrigo Duterte should "iron out" the measure that aims to lower corporate income tax and to rationalize incentives as the market expects update on tax reforms, an analyst said Monday. Read more »

Nomura: Another interest rate cut possible if inflation further cools

ABS-CBN News
Updated as of May 31 01:07 PM

The Bangko Sentral ng Pilipinas may cut benchmark interest rates again in June if inflation eases further, an economist from Nomura Securities said Friday.    Read more »

Japanese quake-dampening tech to be used in BGC development

ABS-CBN News
Posted at Apr 29 10:37 AM

Following the earthquake which shook Metro Manila and parts of Luzon last April 22, Federal Land said its new development will use the latest Japanese technology for minimizing the shaking that tall buildings endure during earthquakes.  Read more »

Economic growth to bounce back in first quarter: Nomura

ABS-CBN News
Updated as of Apr 29 10:39 AM

The inflation outlook this year is looking “fairly good,” estimated to settle in the mid-point of the government’s 2 to 4 percent target range, as risks from oil remains “modest,” Nomura Securities chief Asean economist Euben Paracuelles told ANC.    Read more »

First quarter GDP growth likely at 6.5 percent: Nomura

ABS-CBN News
Updated as of Apr 15 11:51 AM

Passing the P3.7 trillion nation budget this month “shouldn’t cost too much damage” as the government could find ways to grow with off-budget type of projects, Nomura Southeast Asia senior economist Euben Paracuelles said.  Read more »

Easing inflation gives BSP room for rate hike pause: Nomura

ABS-CBN News
Updated as of Feb 04 10:58 AM

Stable food and oil prices and a strong peso helped inflation to ease further from 5.1 percent in December, Nomura Southeast Asia economist Euben Paracuelles said. Read more »