Artificial intelligence will be a friend, not a foe, to the electronics manufacturing industry in the Philippines and elsewhere in Asia that's enjoying an AI-backed boom, according to the think tank Oxford Economics. "Of global semiconductor production capacity and supplies of key materials, 75...
Tensions in the Middle East is threatening to stop the stock market bull in its tracks although the low September inflation may continue to boost investor sentiment as it may lead to lower interest rates and higher consumer spending. Philstocks Financial Research Manager Japhet Tantiangco said...
BRP Andres Bonifacio (Photo: Philippine Navy) The Philippine Navy (PN) deployed patrol ship BRP Andres (PS17) to Muara, Brunei Darussalam for the “Maritime Training Activity (MTA) Seagull” scheduled from Oct. 7 to 11. Vice Adm. Toribio Adaci Jr., PN Flag Officer in Command, led the send-off...
Downward Philippine inflation in the near term would be slightly offset by the new law imposing 12-percent value added tax (VAT) on digital services, Singapore-based United Overseas Bank (UOB) said. In an Oct. 4 report, UOB senior economist Julia Goh and economist Loke Siew Ting noted that there is...
The drop in Philippine inflation reflects weaker demand as consumers' pockets hurt by high prices and interest rates dry up, according to Deutsche Bank Research. Citing the over four-year low headline rate, Deutsche Bank's economist for the Philippines Junjie Huang said in an Oct. 4 report that "if...
DAVAO CITY – European raptor experts are now collaborating with the Philippine Eagle Foundation to boost its conservation efforts for the critically endangered national bird. Dr. Jayson Ibañez, PEF Director for Operations, said that Dr. Jan Hanel, Curator of Birds from Liberec Zoo in Czech...
(Photo courtesy of Bulacan Provincial Police Office) The Philippine National Police (PNP) said Friday, Oct. 4, that it has created a special investigation task group (SITG) to solve the killing of Bulacan provincial board member Ramilito Capistrano and his driver. In a statement, Central Luzon...
Tensions in the Middle East are threatening to stop the stock market bull in its tracks, although the low September inflation may continue to boost investor sentiment as it may lead to lower interest rates and higher consumer spending. Philstocks Financial Research Manager Japhet Tantiangco said...
The number of initial public offerings is expected to surge next year as the expected decline in interest rates increases the attractiveness of equities versus fixed-income securities. In an interview at the sidelines of the EJAP-AboitizPower Renewable Energy Forum, BDO Capital and Investment...
The Philippine Chamber of Commerce and Industry (PCCI) said that the imposition of value-added tax (VAT) on non-resident digital service providers creates a fairer competitive landscape for local businesses. In a statement, Enunina Mangio, PCCI president, said the recent signing of the VAT on...
As inflation slid to its lowest level in four years, the Philippines' chief economist is looking forward to more Filipinos lifted out of poverty. "With inflation dropping from its high levels last year and early this year, together with the continuing robust labor market, we expect poverty to...
The PSEi saw its gains peter out in late trades as investors exercise caution amid growing tensions in the Middle East. The main index shed 13.89 points or 0.19 percent to close at 7,388.92 with sectoral indices equally split. Volume rose to 1.01 billion shares worth P7.38 billion as gainers beat...
