Author Archives: hhelivu

WASHINGTON, D.C.: The Federal Reserve’s policy setting committee meets this week at a turbulent time: one day after voters head to the polls in the deeply uncertain United States presidential election. But the body pointedly keeps itself out of politics, and analysts expect the policy-setting Federal Open Markets Committee (FOMC) will do little to rock theContinue reading “Fed on hold amid tense US polls”

Alfredo M. Yao is the chairman of the 12-man board of Macay Holdings Inc. (MHI), according to the website of the Philippine Stock Exchange (PSE). The regular directors, led by Antonio I. Panajon, who is also MHI president, are Armando M. Yao, Jeffrey S. Yao, Carolyn S. Yao, Mary Grace S. Yao, Roberto A. Atendido,Continue reading “Chua is a director of Meralco”

With a looming deadline set by President Rodrigo Duterte, the Pangilinan-PLDT strengthened its presence in the home broadband market and is continuing to increase network capacity for further planned expansion. The listed telco said in a statement over the weekend its home broadband service already reached 46 percent of the total cities and municipalities inContinue reading “PLDT home broadband service expands market”

The Philippine peso-US dollar exchange rate is likely to stay within the P48:$1 level this month as imports continue to decline, according to analysts. Union Bank of the Philippines chief economist Ruben Carlo Asuncion is forecasting the local currency to range at P48.20 to P48.50 to a dollar in November. “Local data releases likely toContinue reading “Peso seen remaining at P48:$1 territory”

Philippine headline inflation likely went up in October due to the increase in some food items and electricity rates, analysts polled by The Manila Times said. Analysts forecast inflation to settle at 2.4 percent, slightly higher than the 2.3-percent consumer price growth in September this year and the 0.8 percent recorded in October 2019. The Bangko SentralContinue reading “Inflation likely up in October”

PH1 World Developers (“PH1 World”), an associate of MySpace Properties Inc., is about to unveil its first excessive-upward push rental task, My Enso Lofts (My Enso), with the promise to provide residents extra out of each unit by using providing extra area at no more value. Artist’s theory of My Ensō Lofts.Located in Timog Avenue,Continue reading “PH1 World brings extra condo space to QC”

A sovereign credit rating is a qualitative evaluation of the threat that a rustic will not be capable of pay its debts when due. Ordinarily, that assessment has very little to do with social or political coverage, and focuses on sensible monetary attributes along with the u . S . A .’s profits, how nicelyContinue reading “A sovereign credit”

And whether he likes it or now not, that rankings advice has a big effect on the government’s potential to fund its activities. Neither China nor Russia, one at a time or combined, will make up for the go with the flow of debt funding in government securities from the relaxation of the arena (particularlyContinue reading “And whether he likes”

At a few point Duterte’s unwell-tempered curmudgeon act is going to lose its enchantment and begin to have consequences with tangible prices. The usa’s credit rating may be one of these expenses, which became exactly what S&P changed into looking to factor out. In a feel, the attention Duterte attracts has already had results; thanksContinue reading “At a few point Duterte’s”

LAST week, Standard & Poor’s Global Ratings issued a much less than encouraging evaluation of the Philippines’ sovereign credit score status, announcing that while there was no motive to lessen the u . S .’s ‘BBB’ long-term score and ‘solid’ outlook, there was little chance of an upgrade in the subsequent two years. President RodrigoContinue reading “LAST week, Standard”