BREAKING NEWS TOP NEWS

PHL poised to reap gains from global recovery

PHILIPPINE STAR/EDD GUMBAN THE Philippines is among key Southeast Asian nations best positioned to take advantage of the growing demand for electronics as the global economy recovers from the pandemic, Moody’s Analytics said. In its report “Factory Southeast Asia: Global Manufacturing’s Next Frontier,” the think tank said Southeast Asia has gained attention as a global […]

BREAKING NEWS TOP NEWS

Metro Pacific core income falls 34%

METRO PACIFIC Investments Corp. (MPIC) said on Wednesday that its core net income last year had declined 34% to P10.2 billion as the global health crisis slowed down economic activities and reduced business operations. “MPIC’s consolidated core net income for 2020 declined 34% to P10.2 billion owing largely to the economic contraction brought about by […]

BREAKING NEWS TOP NEWS

SEC flags RGS World Marketing easy-money scheme

THE Securities and Exchange Commission (SEC) issued an advisory against investing in another unauthorized group, RGS World Marketing Corp., which also operates under the names RGS Online Shop, RGS Online Marketing, and RGS Online Foundation. The groups are said to be headed by Rodolfo Garcia Salarda, Jr., Henje Noble Cuadra, and Engie Esteves. RGS Online […]

BREAKING NEWS TOP NEWS

Term deposit yields end mixed

YIELDS ON THE central bank’s term deposits ended mixed on Wednesday, with the two-week papers’ rate seeing an increase, amid the government’s ongoing sale of retail Treasury bonds (RTBs). Demand for the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) reached P700.754 billion on Wednesday, beating the P600-billion program. It was also bigger than […]