The Daily Pulse: Navigating the Stock Market’s Wildest Moves
The stock market is a living, breathing entity—unpredictable, volatile, and constantly shifting in response to a myriad of factors. One day, it soars to record highs on the back of…
Fitch Ratings sees ‘larger investments’ by telcos in 2021
MANILA, Philippines — A credit rating agency is seeing local telecommunications companies infusing more investments next year amid “regulatory pressure and looming competition.” Fitch Ratings said in a statement Friday…
Foreign investments continued sharp downtrend in April
The amount of long-term equity investments entering the Philippines from abroad declined sharply in April, extending a downtrend experienced in the first quarter, which the central bank attributed to the…
BSP: PH’s long-term foreign investments continued sharp downtrend in April
MANILA, Philippines — The amount of long-term equity investments entering the Philippines from abroad declined sharply in April, extending a downtrend experienced in the first quarter, which the central bank…
Pandemic crimps inflow of long term investments into PH in Q1
MANILA, Philippines — The amount of long term equity investments entering the Philippines from abroad declined in the first quarter, punctuated by a sharp slowdown in March, which the central…
SEC padlocks 2 firms hawking “fraudulent” investments
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has issued an order to padlock Fast Track Worldwide Inc. and JOCALS688 Beauty and Wellness Products Trading Inc.,…
51 percent of German firms holding back investments in PH, but not because of COVID-19
More than half of German companies are holding back their investments in the Philippines because they find the economy too restrictive, data showed. This is according to a survey done…
Long term foreign investments in PH surged early this year before pandemic
Long term foreign investments in the Philippines surged in the first month of this year, but the central bank noted that this was before the government gave stay-at-home orders that…
PayMaya developer gets $120M local and international investments
MANILA, Philippines — One of the country’s leading financial technology platforms raised over P6 billion from local and international investors as the new coronavirus (COVID-19) pandemic bolsters demand for electronic…