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While there is much cheering in the United states with Republican Donald Trump winning the recent polls there, China and member-states of the Association of Southeast Asian Nations (ASEAN) have reasons to be worried. Or be very, very worried. A research paper by Maybank Investment Banking Group (IBG) titled “Trump 2.0 Trade Policies:Turbulence Ahead” showed […]
The net income of Manila Electric Co. (Meralco) in the January-September period this year rose by 19% to P33.76 billion from the P28.40 billion logged in the same period last year. Meanwhile, Meralco’s consolidated core net income (CCNI) for the said period was recorded at P35.10 billion, increasing by 17% from the P30.02 billion recorded […]
The Philippine economy is forecast to grow at above 6% in 2024 and 2025, making it one of the fastest growing economies in the region. In his economic and market outlook released on Tuesday, BPI senior vice president and lead economist Emilio Neri Jr. said Philippine economic growth in terms of gross domestic product (GDP) […]
As expected, the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) reduced key rates by another 25 basis points (bps) on Wednesday, bringing to 6% the benchmark rate. This is the second reduction of key rates by the BSP this year following the 25 bps cut on August 15.The BSP cited better inflation for […]