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Economy forecast to grow 5.2pct this year

Economy forecast to grow 5.2pct this year

14-Sep-2011 Intellasia | Inquirer.net | 7:01 AM

The Philippine domestic economy can grow at a faster pace in the second semester on the back of accelerating state spending, thereby hitting a full year growth of 5.2 [...]
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Court allows PAL to sue striking pilots for damages

14-Sep-2011 Intellasia | Manila Standard Today | 7:01 AM

The Court of Appeals has allowed Philippine Airlines to pursue P730 million in damages from the Airline Pilots Association of the Philippines and its former officers who [...]
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West Philippine Sea explorer opens on Philippine index

14-Sep-2011 Intellasia | Inquirer.net | 7:01 AM

An energy company exploring for oil in hotly disputed regions of the West Philippine Sea made a successful debut on the Philippine stock exchange on Monday, closing at seven [...]
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Palace urges belt tightening

14-Sep-2011 Intellasia | Philippine Star | 7:01 AM

Consumers have no choice but to tighten their belts in the wake of runaway increases in the prices of oil. This is what the Aquino administration has been doing, deputy [...]
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Philippine July exports down 1.7pct yr/yr

14-Sep-2011 Intellasia | Reuters | 7:01 AM

The Philippines’ statistics office on Tuesday released data on July exports: KEY DATA: Total exports July June May April March Feb yr/yr change ( percent) -1.7 -9.4 [...]
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July bank lending up 19.1pct

July bank lending up 19.1pct

14-Sep-2011 Intellasia | MB Manila Bulletin | 7:01 AM

Commercial banks’ outstanding loans grew by 19.1 percent year-on-year as of end-July to P2.567 trillion, higher compared to the 18.8 percent expansion in the previous [...]
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Philippine economy forecast to grow 5.2pct this year

Philippine economy forecast to grow 5.2pct this year

13-Sep-2011 Intellasia | Inquirer.net | 7:01 AM

The Philippine domestic economy can grow at a faster pace in the second semester on the back of accelerating state spending, thereby hitting a full year growth of 5.2 [...]
» More

Govt studying measures to cushion high oil prices Philippine Star

13-Sep-2011 Intellasia | The Philippine Star | 7:01 AM

Malacanang assured the public yesterday that it remains committed to easing the impact of spiralling fuel prices but ruled out taking drastic measures like lifting the value [...]
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CLSA upbeat on Philippine banks

13-Sep-2011 Intellasia | Inquirer.net | 7:01 AM

Regional Investment group CLSA Asia-Pacific is bullish on the Philippine banking industry, citing accelerating loan growth and “decent” stock valuations. A recent [...]
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Appeals court affirms PAL’s P730-M lawsuit vs striking pilots

13-Sep-2011 Intellasia | Inquirer.net | 7:01 AM

The Court of Appeals has given the go-signal for Philippine Airlines (PAL) to proceed with its P730 million damage suit against its former pilots who staged a labour strike [...]
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San Miguel considers delisting, $800 million share buyback

12-Sep-2011 Intellasia | San Francisco Chronicle | Bloomberg | 7:01 AM

San Miguel Corp., the Philippines’ biggest listed company, is considering buying back its traded shares to become a privately held corporation, saying disclosures have [...]
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Philippine boxer vies vice presidency role

Philippine boxer vies vice presidency role

12-Sep-2011 Intellasia | AFP | 7:01 AM

World boxing champion Manny Pacquiao has announced he wants to retire from the sport and run for vice president of the Philippines in five years’ time, local media [...]
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Credit upgrade possible in Q1 2012, investment report says

12-Sep-2011 Intellasia | Gmanews | 7:01 AM

The Aquino administration’s efforts to keep spending subdued and stay below its 2011 deficit cap may be rewarded with another international credit rating upgrade as [...]
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Philippines’ July bank loan growth at over 2 yr high

Philippines’ July bank loan growth at over 2 yr high

12-Sep-2011 Intellasia | Reuters | 7:01 AM

The Philippine central bank on Friday released data on lending by commercial banks in July: KEY DATA July June May April March February ( percent change on year earlier) [...]
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Ex-president Arroyo faces renewed plunder charges in Philippines

12-Sep-2011 Intellasia | Bloomberg | 7:01 AM

Former Philippines President Gloria Arroyo faces renewed charges that she skimmed $35 million from a 2007 contract given to a Chinese telecommunication company in the latest [...]
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