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ALTHOUGH I am generally impressed by the work the BSP does to maintain important components of the Philippine economy, there are times when I have to wonder if their heads are really in the game, so to speak, because of the confusing statements they issue. For example, BSP Governor Amando…

THE MANILA TIMES BUSINESS FORUM

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China may see the inflow of more investment from Philippine companies such as Jollibee and the SM Group in the coming years as the retailers have been actively pursuing expansion plans in the world’s biggest market even as the two governments continue to try to “overcome difficulties,” China’s commercial envoy…

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THE benchmark Philippine Stock Exchange index (PSEi) rebounded on Thursday, climbing back to 7,100 points as investors cheered the initial releases of third-quarter corporate earnings results. After a volatile session which saw the main index slipping in and out of negative territory, the PSEi finished trade with a solid gain…

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IN order to help diversify its portfolio and benchmark on comparative investment classes, the Social Security System (SSS) is set to contract local fund managers. According to the SSS, three chosen fund managers will each handle a P1-billion investible fund allocated in a mix of equity and fixed income securities.…


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Gross revenues of key industries rose by 10.8 percent in the second quarter of 2014 from the 9.6 percent expansion in the same quarter a year earlier, the latest government data shows. In the October 2014 issue of the Quarterly Economic Indices (QEI) of the Philippines, the Philippine Statistics Authority…

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TRANSPORTATION regulations should facilitate convenient, safe, and reliable services to the public, not hamper them. This is the view of Secretary Joseph Emilio Abaya of the Department of Transportation and Communications (DOTC) in relation to the Land Transportation Franchising and Regulatory Board’s (LTFRB) recent anti-colorum efforts against vehicles operating through…

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Today's Breaking News

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TEHRAN – A top Iranian military chief warned on Sunday that the US will face “harsh consequences” if it intervenes in ally Syria over claims of chemical attacks, Fars news agency reported. “If the United States crosses this red line, there will be harsh consequences for the White House,”…

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Compared to other emerging markets, the Philippines is in a better position to cope with market volatilities, a senior bank official said. “There is really nothing in the minutes that the markets do not know yet. It is again the bond markets and the whole Emerging Asset class that are…

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The Metropolitan Manila Development Authority (MMDA) has intensified its campaign against motorists whose vehicles still use commemorative plates. MMDA Assistant General Manager for Operations Emerson Carlos said Sunday the agency has ordered its traffic enforcers to pull over vehicles with commemorative plates. He said the directive was issued following an advisory by…

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The Metropolitan Manila Development Authority (MMDA) will field 350 traffic enforcers and other personnel for Monday’s anti-pork barrel fund rally at Rizal Park in Manila. “We will be deploying 350 personnel that include traffic constables, medical personnel and those who will clean after the rally,” MMDA Assistant General for Operations Emerson Carlos said on…

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MUMBAI – Mumbai police arrested a fourth suspect Sunday over the gang-rape of a photographer, a crime that reignited anger about women’s safety in India following a similar attack last year. Police said they were still hunting for a fifth suspect after the gang allegedly raped the woman in…