LONDON, (PNA/Xinhua) — FTSE 100 Index, British benchmark stock market gauge, Tuesday increased by 0.56 percent, or 38.06 points, to 6,779.31, as geopolitical risk decreases. The driving force continued to be the…
Category: Business & Economy
LME base metal prices close mixed Tuesday
LONDON, (PNA/Xinhua) — The base metal prices on the London Metal Exchange (LME) closed mixed on Tuesday, with zinc and aluminum closing higher on signs U.S. demand will quicken. Aluminum and zinc…
Spain attracts more Belgian home buyers
BRUSSELS, (PNA/Xinhua) — More and more ×Belgians are buying a second home in Spain, the Belgian press reported Tuesday. In the first quarter 2014, 1,057 Spanish properties have already been sold to…
Spanish stock index Ibex 35 rises slightly Tuesday
MADRID, (PNA/Xinhua) — Spain’s benchmark stock market index Ibex 35 rose 0.32 percent on Tuesday to close at 10,387 points. Meanwhile, the Spanish risk premium stood at 142.90 points and Spain’s 10-year…
Mobile commerce showing great potential in PHL –-Globe Telecom
By Azer N. Parrocha MANILA, Aug. 19 (PNA) — Filipinos are slowly starting to be more open to mobile payments and the use of digital wallet, Globe Telecom Inc. said on Tuesday….
AUB posts 7.6% rise in net income in H1 ‘14
MANILA, Aug. 19 (PNA) — Higher loan growth along with interest income boosted Asia United Bank’s (AUB) net income in the first half of 2014. In a disclosure with the Philippine Stock…
PHL government to issue P140.4B 10-yr bond vis-à-vis debt swap, sale of new bond
By Joann Santiago MANILA, Aug 19 (PNA) — The Philippine government on Tuesday said it will issue a total of P140.39 billion worth of 10-year bond in line with its latest bond…
PSBank declares cash dividend
MANILA, Aug. 19 (PNA) — Philippine Savings Bank (PSBank) Tuesday announced the declaration of cash dividend pending the approval of the Bangko Sentral ng Pilipinas. In a disclosure with the Philippine Stock…
RDO 74 hits tax goal for July
ILOILO CITY, Aug. 19 (PNA) — The Revenue District Office 74 of the Bureau of Internal Revenue (BIR) has satisfactorily met its tax collection goal for the month of July by amassing…
Globe Telecom raises PHP 10-B from preferred shares
MANILA, Aug 18 (PNA) — Globe Telecom Inc., has raised PHP 10 billion from the sale of preferred shares in efforts to fund capital expenditures this year. The announcement was made available…
Century Properties increases revenue to Php 5.6-B in 1H 2014
MANILA, Aug 18 (PNA) — Publicly-listed firm Century Properties has increased its revenue in first semester of the year to Php 5.6 billion, 6.0 percent higher than last year’s same period revenue…
Oil companies to rollback diesel prices by 40 centavos per liter
By Juzel L. Danganan MANILA, Aug. 18 (PNA) — Pilipinas Shell Petroleum Corporation (PSPC), Petron Corporation, Chevron Philippines Incorporated (CPI) and PTT Philippines will rollback their diesel prices by 40 centavos per…
BIR surpasses July ’14 revenue goal
MANILA, Aug. 15 (PNA) — The Bureau of the Internal Revenue topped its P119.3 billion revenue goal for July 2014 after collecting P119.94 billion. In a statement Friday, the agency said its…
Vista Land H1 ’14 net income up 12% to P2.8B yoy
By Joann Santiago MANILA, Aug 14 (PNA) — Strong sales in the first half of the year resulted to the same trend for Vista Land’s net income in the first half of…
Sta. Lucia Land end-June ’14 net income rises 155%
MANILA, Aug 14 (PNA) — Higher revenues, partly boosted by rental revenues, resulted to the 155 percent increase in the net income of Sta. Lucia Land, Inc. (SLI) in the first six…