Bangko Sentral tightens rules on pawnshops
Source: Inquirer.net
Manila :: Philippines | updated 2013-05-14 13:58:24 -0700 | business-news
PhilippinesBangko Sentral ng Pilipinas (BSP) has directed pawnshops to strictly implement identification requirements for customers to help ensure that items being pawned are not stolen goods or illicit covers for money laundering. The BSP said it has received reports that...
Cash visibility is top concern of firms doing business in PHL - survey
Source: GMA News
Asia :: Philippines | updated 2013-05-14 06:24:12 -0700 | business-news
In their Treasury Barometer 2013 survey, SunGard and Bank of America Merrill Lynch said improving visibility over projected cash inflows and outflows remain a top priority of firms here. When we looked at the problem in the Philippines, cash visibility...
PSEi record, remittances strengthen peso
Source: GMA News
Manila :: Philippines | updated 2013-05-14 05:22:07 -0700 | business-news
A dollar fetched P41.08 when trades closed on Tuesday, four centavos less than the P41.12 it got last Friday. Money changers and remittance centers sold their dollar holdings, which has accumulated on stronger inflows as it is enrollment season, a...
PH stock index breaches 7,300 for first time in history
Source: Inquirer.net
Manila :: Philippines | updated 2013-05-14 04:05:19 -0700 | business-news
Philippines Investors loaded up on stocks of big local companies on Tuesday in the aftermath of the country's mid-term elections, bringing the main index beyond the 7,300-mark for the first time. The main-share Philippine Stock Exchange racked up 51.08 points...
Decorate your living space with designer and unique Window film
Posted by: ashishvns
San Antonio :: Philippines | updated 2013-05-14 02:25:21 -0700 | business-news
Window film decorative is the perfect for any business and homes. The product is considered as a most effective & significant way to replace glass panels & window. It can be used for security as well as decorative purpose. Unique...
April coconut oil exports drop 14% to 55,800 MT — UCAP
Source: GMA News
Manila :: Philippines | updated 2013-05-14 01:01:14 -0700 | business-news
April shipments may be a base effect coming from higher exports in the first quarter of the year, according to an industry official. Yvonne Agustin, noting buyers in major markets may have already filled their needs in the meantime. This... ...
Invest in the Greatest Business in the World
Posted by: skooter
Cebu :: Philippines | updated 2013-05-14 00:13:27 -0700 | business-news
Skooter reports 05/14/13 The greatest business in the world…do you know what sort of business is that and why you should invest in it today? Well, it's a business that sees constant demand, involves huge sums of money, generates enormous...
Laguna Water taps DBP, JICA, USAID fund for P1.33-B loan
Source: GMA News
Manila :: Philippines | updated 2013-05-13 23:39:31 -0700 | business-news
23pm Laguna Water Corp. on Tuesday said it has signed an omnibus loan and security agreement for P1.33 billion with Development Bank of the Philippines (DBP) to partly cover its network modernization and expansion. Philippines in line with meeting the...
Phoenix hikes gas prices
Source: Inquirer.net
Manila :: Philippines | updated 2013-05-13 20:58:02 -0700 | business-news
PhilippinesIndependent oil firm Phoenix Petroleum Philippines increased prices of its petroleum products starting Tuesday at 6 a.m. Prices of premium and unleaded gasoline increased by P0.45 per liter, while diesel price increased by P0.60 per liter.
Security Bank posts P1.2B in Q1 earnings
Source: GMA News
Manila :: Philippines | updated 2013-05-13 20:39:27 -0700 | business-news
Revenues increased 31 percent to P3.1 billion, boosted by the 230-percent rise in fees and other income generating core activities. Service charges, fees and commissions improved by 60 percent, driven by capital markets, stock brokerage, deposits and loan fees.
GT Capital reports Q1 net income up 211% to P4B
Source: GMA News
Manila :: Philippines | updated 2013-05-14 01:45:05 -0700 | business-news
24am GT Capital Holdings Inc. on Tuesday reported its first quarter consolidated net income rose 211 percent to P4 billion from P1.3 billion a year earlier, boosted by higher revenues of core companies. Core net income, which excludes extraordinary items,...
PHL share prices open firm on 'successful' elections
Source: GMA News
Manila :: Philippines | updated 2013-05-13 19:57:52 -0700 | business-news
The main PSEi added 12.35 points or 0.17 percent to 7,274.49an intraday recordas of 10:36 a.m. Arlysa Narciso, analyst at AB Capital Securities Inc., also said the market moved on local factors, particularly the local elections...There were also indicators from...
Don't plumb the depths with this mining stock
Source: The Globe & Mail
Dado :: Philippines | updated 2013-05-13 12:27:20 -0700 | business-news
Hi Lou, I own some Northern Dynasty Minerals and would like your advice as to whether or not it is a wise idea to buy more in order to average down...Anna in Montreal Hey Anna, Thanks for the assignment and...
Pawnshops pressed on consumer measures
Source: Business World
Manila :: Philippines | updated 2013-05-13 10:06:57 -0700 | business-news
Pilipinas (BSP) has reminded pawnshops to implement rules on consumer protection as it noted a rise in violations. It has come to our attention that there are pawnshops which are not adhering to existing regulations on the acceptance of...
Long-tenored T-bonds eyed
Source: Business World
Manila :: Philippines | updated 2013-05-13 10:06:45 -0700 | business-news
Treasury bond (T-bond) auction next quarter in the face of robust appetite from investors for such debt papers, the National Treasurer said recently. We will likely offer long-tenored bonds next quarter, National Treasurer Rosalia V. de Leon said in...
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