Difference between revisions of "Cities of the Philippines"

*'''Fitch: Banks to ride PHL’s ‘robust’ growth'''

*Friday, July 5, 2019 12:32 am

:THE PHILIPPINES’ “fairly robust” economic growth — though below official target so far — can be expected to generate profit and expansion opportunities for banks in the country, Fitch Ratings said on Thursday, adding that liquidity conditions will likely ease further due to central bank steps to loosen monetary policy in step with much of the world.

:Elaine Koh, director for Financial Institutions at Fitch Ratings, said in an e-mailed response to questions that the global debt watcher’s 2019 Philippine projection of “6.2% is still a fairly robust GDP (gross domestic product) growth rate and we expect this to help sustain growth and profit opportunities for banks.” ........... [https://www.bworldonline.com/fitch-banks-to-ride-phls-robust-growth/<font size=4 color=green>Full Story»</font>]

*'''PSE: PH stock market is third top-performing in the region'''

*Thursday, July 4, 2019 7:20 pm

:The Philippine Stock Exchange was the third-best performing in Southeast Asia as of the first half of the year after posting a 7.1-percent gain on strong foreign buying.

:The main gauge Philippine Stock Exchange Index closed at 7,999.71 on June 28, while the broader All Shares index climbed 8.3 percent in the first six months of the year to 4,893.78 ........... [http://manilastandard.net/business/business-stocks/298744/pse-ph-stock-market-is-third-top-performing-in-the-region.html<font size=4 color=green>Full Story»</font>]