Tag: this
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Philippines’ current account deficit seen to further narrow this year
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THE PHILIPPINES’ current account deficit is seen narrowing further this year amid a more positive global outlook, Fitch Solutions’ unit BMI said. In a report dated June 25, BMI lowered its current account deficit forecast to 2.3% of gross domestic product (GDP) from 2.8% previously. This is narrower than last…
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BSP rate cuts unlikely this year — ANZ
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THERE IS NO ROOM for the Bangko Sentral ng Pilipinas (BSP) to cut rates this year as inflation may still potentially breach the target, ANZ Research said. “Rate cuts in Indonesia and the Philippines are also not on the table this year… In the Philippines, inflation though receding, is still…
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How DonBelle, BINI, and Adie are making this summer a season of awesome
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Phenomenal love team Donny Pangilingan and Belle Mariano, the nation’s girl group BINI, and singer-songwriter Adie are Gen Zs at the top of their game. It’s no surprise that they all said “yes” to Samsung to be its brand ambassadors as they enjoy back-to-back milestones this summer with the newly…
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Aboitiz InfraCapital budgets P26B for projects this year
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ABOITIZ InfraCapital, Inc. announced on Monday that it is setting aside P26 billion for its capital expenditure (capex) budget this year to fund the company’s economic estate development and other expansion projects. These funds will be used for the company’s economic estate development and other expansion projects, said Jose Emmanuel…
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PSE eyeing to finish PDS takeover this year
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THE Philippine Stock Exchange (PSE) said it is hoping to finalize the planned takeover of the Philippine Dealing System Holdings Corp. (PDS) within the year. “I hope it could be closed by this year. This is not complicated. We will only talk to a few shareholders,” PSE President and Chief…