The Daily Manila Shimbun

 

Yellow Cab Pizza opening branches in Brunei, East Malaysia

March 21, 2017

Yellow Cab Pizza will be opening branches in Brunei and East Malaysia. Max’s Group, Inc. recently signed a development agreement with YTT Sdn Bhd to establish at least 10 Yellow Cab Pizza stores in Brunei and East Malaysia within five years, a

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Stocks lower, peso up nine centavos

March 20, 2017

Stocks closed lower on Monday, with decliners led by the property sector. The Philippine Stock Exchange closed 28.45 points lower to 7,316.57. The broader market saw 111 declines, 64 gainers while 59 issues were unchanged. Bucking the downtrend was Easy

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Stocks, peso end week higher

March 17, 2017

Stocks closed nearly one percent higher Friday, with the Philippine Stock Exchange gaining 66.42 points to 7, 345.02. The mining sub-index ended the week with slight gains after several days of declines due to the confirmation hearings of Gina Lopez

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Aboitiz Equity Ventures hikes capex to P77 billion in 2017

March 17, 2017

Aboitiz Equity Ventures (AEV), along with its business units is increasing investments by 83 percent this year as it targets to spend P76.7 billion in capital expenditures (capex) versus P42 billion spent last year. “We support government’s efforts to implement

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2016 balance of payments deficit at $420m, reversing $2.6b surplus in 2015: central bank

March 17, 2017

The central bank said Friday balance of payments position registered a deficit of $2.1 billion in the fourth quarter, reversing a surplus of $804 million during the same period last year. A current account deficit of $1 billion, or equivalent

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DMCI Holdings 2016 core profit flat at P12.1 billion

March 17, 2017

Diversified engineering conglomerate DMCI Holdings, Inc. recorded flat core net income growth in 2016 at P12.1 billion from P12.3 billion the previous year due to lower contributions from its real estate, nickel mining and water businesses. “The double digit growth

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Stocks, peso gain from US Fed stance

March 16, 2017

Stocks finished higher in line with the Southeast Asian region on Thursday as the US Federal Reserve said it will keep its accommodative policy “for some time”. The Philippine Stock Exchange closed 24.81 points higher to 7,278.60 despite a decline

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Foreign portfolio investments result in net outflows in February: central bank

March 16, 2017

Foreign portfolio investments transactions for February resulted in overall net outflows of US$409 million, a reversal from the net inflows recorded last month ($301 million) and a year ago ($58 million), the central bank said Thursday. Registered foreign portfolio investments

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