Q1 foreign investment pledges fall 36.2%
Incoming foreign-led projects approved by the country’s seven investment promotion agencies (IPAs) slid 36.2 percent to P29.4 billion in the first quarter, the tail end of which was marked by…
First quarter investment pledges fall to 2-yr low of P29.4B
The number of foreign-led projects approved by the government’s seven investment promotion agencies (IPAs) fell by 36.2 percent to P29.4 billion in the first quarter of 2020, not helped by…
World shares fall as Hong Kong, US-China tensions weigh
BANGKOK — Shares fell Friday in Europe and Asia as investors awaited a news conference about China by President Donald Trump later in the day. A man and a woman…
Asia shares fall as US-China tensions douse rally on Wall Street
BANGKOK — Shares fell Friday in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions. A man walks past an electronic stock board showing Japan’s Nikkei…
PLDT latest to fall victim to increased cyberattacks during pandemic
Telco giant PLDT Inc. was the latest to fall victim to hackers, underscoring the real threat of cyberattacks as the COVID-19 pandemic sweeps the globe. For more than an hour…
Treasury raises P24B from T-bills as rates continue to fall
The Bureau of the Treasury on Monday (May 25) raised P24 billion or a fifth more than its P20-billion T-bills offering as rates continued to decline across the board. The…
Asian shares fall on US friction with China, Hong Kong fears
A man stands in front of an electronic stock board showing Japan’s Nikkei 225 index as a track goes by at a securities firm in Tokyo Friday, May 22, 2020.…
Recession-hit Japan’s exports, imports fall due to pandemic
TOKYO — Recession-hit Japan’s exports plunged nearly 22% in April, the country’s worst drop in more than a decade as the coronavirus pandemic slammed global demand. People wearing face masks…
T-bill rates fall across the board
T-bill rates further fell across the board on Monday (May 11), allowing the Bureau of the Treasury to sell P22 billion in short-dated government securities. The Treasury awarded P5 billion…
After a 31% profit fall in Q1, D&L expects worst is over
After being caught offguard by the Luzon-wide lockdown starting mid-March, the worst may be over for food and chemical product manufacturer D&L Industries, although it may take some time for…