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Philippine shares went up on the first trading day of the week, continuing a positive momentum the local stock market established last week. Philippine Stock Exchange index (PSEi) began the week on the green side with a 0.23-percent increase, or 14.55 points, settling above the 6,200-level toward 6,223.37. The wider…

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In line with the official listing of the country’s first Exchange Traded Fund (ETF) on Monday, the local bourse is now hoping that a lot of companies will immediately follow and also establish ETF soon. ETFs are like mutual funds except that it will be listed and traded in the…

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After basic shelter and a reliable supply of clean water, the most obvious critical infrastructure priority for the areas wrecked by last month’s Typhoon Yolanda is the restoration of electricity. Just days after the storm, once an initial assessment of the havoc the storm wreaked on the electrical grid was…

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The Bangko Sentral ng Pilipinas (BSP) may retain its key policy settings until the first six months of 2014, according to ING Financial Markets economist. Tim Condon, chief Asia economist at ING Financial Markets, said that the supply disruptions because of the impact of Super Typhoon Yolanda could cause an…


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These days Christopher Robert Park is always seen with a warm smile on his face. He has a hearty laugh and cracks jokes whenever the opportunity arises. Indeed, the hotel that he manages seemed to have imbibed this new vitality and energy infused by its new owners and the people…

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With no specific leads to set the trend in local stocks this week, investors may opt to consolidate amid the prolonged effect of Super Typhoon Yolanda and year-end groundwork. Freya Natividad, analyst at Papa Securities Inc., said that the market may consolidate next week as investors still search for proper…

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