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In November last year, Maybank Investment Banking Group (IBG) projected that the price of Monde Nissin shares listed at the Philippine Stock Exchange (PSEI) would reach P11 in the next 12 months. Last year in early November, the shares of Monde Nissin was hovering at around P8, which meant that an increase to P11 would […]
DTI RELEASES NOCHE BUENA PRODUCTS PRICE GUIDE The 2024 Noche Buena products price guide has been released by the Department of Trade and Industry (DTI), noting many of the essential items for the holidays have remained at their 2023 prices with some having price decreases. The DTI said on Nov. 17 that guide includes prices […]
SUGAR IMPORTS NOT NECESSARY UNTIL MID-2025 The Philippine government will not pursue sugar importation until the middle of next year, top officials of the Department of Agriculture (DA) and Sugar Regulatory Administration (SRA) announced on Nov. 10. This, as there is a steady domestic supply of both raw and refined sugar. “Given the current situation, […]
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 […]
FDI NET INFLOWS REACH $1.03 BILLION IN SEPTEMBER Foreign direct investment (FDI) net inflows to the Philippines reached $1.03 billion in September, data released by the Bangko Sentral ng Pilipinas (BSP) on Oct. 31 showed. September net inflows increased by over 92%, or $491.82 million higher from the previous month, up from the $533.95 million […]
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) […]
Robinsons Land gearing for sustained growth (Stock Watcher Video Series) Source link
The shares of International Container Terminal Services Inc. (ICTSI) is emerging as the best performer at the Philippine Stock Exchange (PSE) this year. This, as ICTSI shares increased by almost 100% over a 12-month period, or from P210 per share on October 19, 2023 to P409 per share on October 18, 2024. This translates to […]
PH ECONOMY SEEN GROWING UP TO 6.5% IN THIRD QUARTER Philippine economic growth in terms of gross domestic product (GDP) is forecast to grow within the 6% to 6.5% range in the third quarter of the year, Rizal Commercial Banking Corporation chief economist Michael Ricafort said. Philippine GDP growth settled at 6.3% in the second […]