Day: September 10, 2021

FDI net inflows soar in June

DESPITE concerns about the Covid-19 Delta variant, net inflows of foreign direct investments (FDIs) soared to a five-month high in June, according to the Bangko Sentral ng Pilipinas (BSP). Central bank figures released on Friday showed that net inflows increased by 60.4 percent to $833 million in the sixth month of 2021 compared to $519 […]

92% of 2021 budget released – DBM

NINETY-TWO percent of the national budget for 2021 has already been transferred to government agencies, according to the Department of Budget and Management (DBM). DBM data showed that the government’s allotment release for the first eight months of this year reached P4.14 trillion, accounting for 92.1 percent of the P4.50-trillion budget. The current value is […]

Del Monte PH sees better 2022 earnings

DEL Monte Philippines Inc. (DMPI) reported a 33-percent better income of P1.3 billion in the first quarter of fiscal year 2022 ending July, driven by higher sales and lower costs. In a filing to the exchange by DMPI’s parent company, Del Monte Pacific Ltd. (DMPL), the company’s sales for the period rose by 16 percent […]

MREIT sets final IPO price at P16.10

MEGAWORLD Corp.’s real estate investment trust (REIT), MREIT Inc., has set the final price for its initial public offering (IPO) at P16.10 per share. The company on Friday said it will offer 844.3 million firm shares and up to 105.5 million option shares for its IPO. “The company has decided to price the deal at […]

Electronics to help drive PH growth

ELECTRONICS and health-related goods manufacturing, according to the National Economic and Development Authority (NEDA), would fuel Philippine economic growth in the future. NEDA Undersecretary Rosemarie Edillion said during the Laging Handa public briefing on Friday that the country’s electronics sector has shown resilience during the Covid-19 epidemic, boosting the country’s export performance. “The demand for […]

PH stocks end week in the green

THE local bourse finished the trading week back in the green and further climbed up the 6,900 territory on Friday. The bellwether Philippine Stock Exchange index gained 0.67 percent, or 46.49 points, to its intraday high of 6,970.51 while the broader All Shares added 0.51 percent or 22 points to close at 4,302.79. Christopher Mangun, […]

The American economy mid-2022

Teaser: An increasing number of economic indicators point to less growth than expected, including the United States, and the outlook is becoming more uncertain. THE changes that happen in the overall global economic picture currently happen fast and just within months. These changes represent very large shifts in expectations and data, covering for example, production […]

Kazia Therapeutics to Present at HC Wainwright 23rd Annual Global Investment Conference

SYDNEY, Sept. 11, 2021 /PRNewswire/ — Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA), an oncology-focused drug development company, is pleased to announce that CEO, Dr James Garner, will be presenting at the HC Wainwright 23rd Annual Global Investment Conference, to be held virtually from 13-15 September 2021. The HC Wainwright Annual Global Investment Conference is […]

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