Business

FPI transactions resulted in net outflow in October: BSP

PNA/BSP Press Release MANILA -- Registered investments for the month of October 2018 amounted to USD953 million, reflecting a 28.2 percent increase from the USD743 million figure in September. In contrast, this represented...

SSS collects over P6-B in Central Luzon

PNA/SSS Press Release SAN FERNANDO, Pampanga -- The Social Security System (SSS) collected PHP6.01 billion in members’ contributions under its Luzon Central 2 offices during the first nine months of 2018, up by...

GT Capital posts flat profit growth in Jan.-Sept.

By Leslie Gatpolintan/PNA MANILA -- Top management of GT Capital Holdings Inc. remains confident that it is on track to achieve single-digit profit growth this year, driven by strong growth of financial services,...

Monetary Board adjusts average inflation forecasts

By Joann Villanueva/PNA MANILA -- Average inflation forecasts for 2018-20 were raised after the Monetary Board (MB) took stock of more recent economic developments both here and abroad. The Bangko Sentral ng Pilipinas (BSP)...

Local markets up due partly to BSP rate hike

By Joann Villanueva/PNA MANILA -- Philippines’ main equities gauge rose for the second consecutive day ahead of Bangko Sentral ng Pilipinas’ (BSP) announcement on its latest policy rate decision, while the peso also...

DMCI order book up 8% to P28.5B

By PR/PNA MANILA -- D.M. Consunji, Inc. (DMCI), the construction arm of DMCI Holdings, Inc., signed P10.6 billion worth of new projects from January to September, raising its total order book by eight...
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