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Sugar industry told to prepare for negative impact of tariff reduction under AFTA 27 Aug 2013 | 03:17 pm
Labor Secretary Rosalinda Baldoz has urged all sugar industry stakeholders to work together in finding solutions to mitigate the negative impact likely to be felt when tariff on imported sugar is redu...
Billabong brand value collapses, posts giant loss 27 Aug 2013 | 02:21 pm
Billabong reported a $769 million annual loss Tuesday that reflects a collapse in the value of its once hot surf and street fashion brands.
PSEi slumps by 4.35% on Tuesday 27 Aug 2013 | 02:09 pm
Local stocks fell by nearly 4 percent on Tuesday, giving up most of its gains for the year, as investors dumped equities in anticipation of the tapering of easy money by the US Federal Reserve.
Stock Market Table as of August 27, 2013 27 Aug 2013 | 02:00 pm
(As of Aug. 28, 2013) 52-WK 52-WK STOCKS OPEN HIGH LOW CLOSE VOLUME HIGH LOW BANKS 105.5 62.5 Asia United Bank Corporation 69 69 62.5 63 681,680 99 58.9 BDO Unibank, Inc. 76.35 76.35 70.45 72 5,958,01...
Dollar sags in Asia on Syrian tension 27 Aug 2013 | 12:43 pm
The dollar edged down against the safe-haven yen in Asia on Tuesday due to concerns over a possible US military action against Syria.
Asia stocks fall as Syria jitters escalate 27 Aug 2013 | 11:13 am
Asian stock markets fell Tuesday, dented by fears the U.S. government is gearing up for a redoubled confrontation with Syria.
Tobacco giant welcomes Thai court cigarette warning order 27 Aug 2013 | 05:48 am
Tobacco giant Philip Morris on Monday praised a Thai court decision to suspend government plans that would have forced cigarette companies to slap bigger graphic warnings on packets.
PH rated ‘most improved’ Asean nation by US firms 27 Aug 2013 | 02:43 am
The Philippines has emerged as the “most improved” nation among members of the Association of Southeast Asian Nations (Asean) with American firms expressing increased satisfaction over the stability o...
Asian stocks rise as Fed taper fears wane 26 Aug 2013 | 08:41 pm
Asian markets made modest gains Monday as speculation eased over whether the US Federal Reserve will begin an early tapering of its massive stimulus program.
BSP lists measures to counter volatility 26 Aug 2013 | 04:37 pm
The Bangko Sentral ng Pilipinas (BSP) has identified contingency measures that could be deployed to counter spikes in financial markets that may undermine the stability of the real economy.
