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Salceda seeks to invigorate stock market with transaction cost cuts
The Philippines suffers from a stagnant equities market often ignored by wealth-chasing foreign investors mostly on account of cost considerations rather than on the quality of company stocks traded at the Philippine Stock Exchange (PSE).
“EO 39 a temporary construct vs. price manipulation”
The country’s leading economic minds on Tuesday said the price caps on the rice staple are temporary measures designed to combat cartelization, hoarding and other forms of price manipulation that serve the purposes of only a few vested interests.
Aug inflation accelerates to 5.3%; at higher end of BSP forecast
Sharper increases in the price of rice, vegetables, other food items, and non-alcoholic beverages drove inflation higher in August to 5.3 percent, snapping 6 months of deceleration, the Philippine Statistics Authority said Tuesday.
MIAC pushes as one in winning the P171B NAIA rehab contract
Aboitiz InfraCapital Inc., as part of the consortium known as the Manila International Airport Corp. (MIAC), brushed aside on Monday notions that it will bid for the Ninoy Aquino International Airport rehabilitation project only for its own account.
“Rice price ceilings do more harm than good”
Various groups on Sunday appealed for government to put in place a long-term solution instead of price ceilings on rice, saying such structures do more harm than good to consumers and farmers alike.
