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Archives

Landbank extends offer to by PDS stakes to March 15

MANILA — State-owned Land Bank of the Philippines (Landbank) extended anew the deadline set on its offer to buy out several …

Peso rises; local stocks fall as trading week ends

MANILA — With no major economic reports here or overseas either to inspire or sow gloom, local markets went their separate …

Diokno reiterates gov’t willingness to save Hanjin

MANILA — The Philippine government is determined to save bankrupt shipbuilding company Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) in view …

PNR asks for feasibility of Cabanatuan-Makati line

MANILA — The Philippine National Railways (PNR) has requested the National Economic and Development Authority (NEDA) for a feasibility study on …

BSP coordinating with Cebuana Lhuillier about data breach

MANILA — The Bangko Sentral ng Pilipinas (BSP) is coordinating with officials of Cebuana Lhuillier (CL) to prevent criminals from using …

Growth concerns, trade talks dampen investors’ sentiments

MANILA — China growth concerns coupled with a lack of positive developments in US-China trade talks, resulted in the sideways close …

Check all stress points in financial system: BSP exec

MANILA — A ranking Bangko Sentral ng Pilipinas (BSP) official on Monday highlighted the need to check all stress points in …

Local markets lose in midweek trading

MANILA — News concerning two major listed firms’ current woes hurt the Philippine Stock Exchange index (PSEi) Wednesday while the Philippine …

Peso higher, PSEi slides as trading week ends

MANILA — The Philippine peso ended Friday higher despite the drop in the Philippine Stock Exchange index (PSEi) due to jitters …

Local markets weaken over uncertainties overseas

MANILA — Investors’ wait-and-see stance pending the outcome of US-China trade talks ended the Philippine Stock Exchange index (PSEi) rally Tuesday …

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