Inflation Eases to a 10-Month Low in January 2019
The Philippine Statistics Authority said that inflation dropped to a 10-month low at 4.4% in January 2019. Are we on our way to 2 to 4 percent this 2019?
P8.40 Tariff on Imported Cement: Good for Local Cement Companies?
The Department of Trade and Industry implemented a 4% increase or PHP 8.40 tariff on imported cement. Will this positively impact local cement producers?
Equilyst Analytics Pledges 3% of Net Income to Caritas Tarlac
Equilyst Analytics, Inc. pledges 3 percent of net income from its EquiPicks service from July 12, 2018 to December 14, 2018 to Caritas Tarlac.
Top Stock Picks: Relaunched with a Bigger Mission and a Clearer Vision
We have relaunched the Top Stock Picks with your dreams in mind. We will help you make your dreams happen by investing in the Philippine stock market.
PLDT Records P34.1B Revenues From Its Cloud and IT Services
PLDT Incorporated published record revenues of 34.1 billion pesos computed from the enterprise sector of the company, resulted from the demand for cloud services and information technology services. It mentioned yesterday that its revenues from last year grew by 11%.
Federal Reserve to Set Interest Rate Hikes for 2018
The first meeting of the US Federal Reserve under the leadership of Jerome Powell will possibly end on Wednesday along with a report that the Fed will continue with its modest hikes in interest rates. Way back 2017, policymakers of the Fed forecast three rate hikes for this year, just as in 2017.
FNI Subsidiary Renews Nickel Export Contract With Chinese Company
Global Ferronickel Holdings, Inc. (FNI) has signed a supply contract with a Chinese firm to export 1.5 million wet metric tons (WMT) of nickel ore. FNI said that Platinum Group Metal Corporation (PGMC) signed a contract with Guangdong Century Tsingshan Nickel Industry Co., Ltd.
PLDT Expects Growth in Return Income to P24 Billion for 2018
PLDT Inc. has set a ₱23-24 billion earnings goal for 2018, aiming to sustain the positive momentum from 2017, driven by elevated EBITDA impact.
JFC Bought Additional 45% of Smashburger
Jollibee Foods buys 45% more of Smashburger Master LLC, raising Bee Good! Inc.’s ownership to 85% in a successful $100M deal.
Earnings of LT Group Inc. (LTG) Increased by 15%
Lucio Tan’s LT Group Inc. (LTG) saw a 15% rise in net income to 10.83B PHP, driven by strong growth in its tobacco and banking sectors.