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A service for FOREX trading professionals · Tuesday, May 6, 2025 · 810,044,566 Articles · 3+ Million Readers
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Philippines FOREX Trading Newswire

  • Published on 15:49 GMT

    Loan demand lifts AUB Q1 profit to P3.1B

    Asia United Bank Corp. (AUB) MANILA, Philippines – The earnings of Asia United Bank (AUB) surged by 34 percent in the first quarter to P3.1 billion, owing to its lending activities and digital partnerships. According to AUB, its net interest income climbed …

    Source: Inquirer - Neutral
  • Published on 14:03 GMT

    Moody’s cuts India’s 2025 growth forecast to 6.3% amid US trade uncertainty, tensions with Pakistan

    Global ratings agency Moody’s on Tuesday cut India’s economic growth estimate for the current fiscal year to 6.3%, down from 6.7% in 2024, citing trade uncertainties driven by the United States and heightened geopolitical tension with Pakistan, …

    Source: Scroll.in - Center-left
  • Published on 18:57 GMT

    Capital A Targets $200 Million Through Hong Kong Listing Amid Strategic Overhaul

    (MENAFN- The Arabian Post) Capital A Berhad, the parent company of budget airline AirAsia, is preparing for a secondary listing on the Hong Kong Stock Exchange, aiming to raise at least $200 million. This move is part of a broader strategy to access deeper …

    Source: MENAFN - Indeterminate
  • Published on May 2, 2025

    The looming trade war: What US tariffs mean for the Philippines

    THE LATEST World Economic Outlook from the IMF paints a sobering picture of the global economy. Growth projections have been revised downward, with global growth expected to drop to 2.8% in 2025, around half-a-percentage point decline. This is largely …

    Source: Business World - Pending
  • Published on May 5, 2025

    Borrowings dip 31% to P745 billion

    MANILA, Philippines — The government ended the first quarter borrowing 31 percent less at P745 billion, with local obligations reduced on the back of better tax collections. Data from the Bureau of the Treasury showed total borrowings in January to March …

    Source: Philstar - Pending
  • Published on May 5, 2025

    OceanaGold, BSP extend gold purchase agreement

    LISTED OCEANAGOLD (Philippines), Inc. (OGP) has renewed its gold-buying agreement with the Bangko Sentral ng Pilipinas (BSP) for another three years. Under the agreement, which was renewed in March and will run until March 2028, OGP is required to offer …

    Source: Business World - Pending
  • Published on May 5, 2025

    Inside CBN’s transformation under Cardoso: rebuilding investor confidence

    When Olayemi Cardoso delivered his first major address as Governor of the Central Bank of Nigeria (CBN) on November 25, 2023, he struck a determined tone, assuring investors and the business community that the country’s economy would soon witness …

    Source: Business Day - Neutral
  • Published on May 5, 2025

    ICTSI 1Q2025 net income grew 14% to US$239.54M; recurring net income up 25%

    Enrique K. Razon Jr., ICTSI Chairman and President said: "I am pleased to report a strong start to the financial year with ICTSI delivering increase in revenues of 17 percent to US$745.42 million and setting another record high net income of US$239.54 …

    Source: American Journal of Transportation - Neutral
  • Published on Apr 30, 2025

    Remittance to GDP ratio highest for Cambodia, Philippines in Asean

    Cambodia and the Philippines are the top remittance recipient countries in the Asean region by share of their national incomes (GDP), according to the latest paper published by the Economic and Social Commission for Asia and the Pacific (ESCAP). Both …

    Source: Khmer Times - Gov't Propaganda
  • Published on May 5, 2025

    Cement industry still faces challenges but Concreat aims to turn around in 3 years

    DMCI Holdings and Concreat Chairman Isidro A. ConsunjiConsunji-led Concreat Holdings Philippines (CHP) , the former Cemex Holdings Philippines Inc., expects 2025 to remain a challenging year for the local cement industry but is hopeful of a recovery in the …

    Source: Manila Bulletin - Pro-Government
  • Published on May 4, 2025

    Peso to sustain 'outperformance' amid US dollar weakness—MUFG

    FOR MONDAY The Philippine peso is seen likely maintaining its relative strength against the United States (US) dollar for the rest of this year until early next year, as the greenback struggles amid US economic policy uncertainty, according to Japanese …

    Source: Manila Bulletin - Pro-Government
  • Published on May 4, 2025

    Loans, trading gains boost BankCom's Q1 earnings

    Bank of Commerce (BankCom), an affiliate of diversified conglomerate San Miguel Corporation, reported a 13 percent growth in net income to ₱866.79 million in the first quarter of 2025.  In a disclosure to the Philippine Stock Exchange, the bank said it …

    Source: Manila Bulletin - Pro-Government
  • Published on May 4, 2025

    Remembering EBE

    A loving husband to Lydia, his wife of 66 years, father to four children – Stephanie, John, Alan and Arbel (deceased), a grandfather to 11 grandchildren, and even a great-grandfather to five grandkids, Edgardo Espiritu, or EBE, peacefully passed away last …

    Source: Philstar - Pending
  • Published on May 3, 2025

    BankCom Q1 net income rises by 13%

    MANILA, Philippines — Bank of Commerce (BankCom), the banking arm of conglomerate San Miguel Corp., booked a 13-percent rise in its first-quarter net income to P866.8 million on gains from loans, trading and foreign exchange. In a regulatory filing on …

    Source: Inquirer - Neutral
  • Published on May 2, 2025

    Ruling and Opposition Parties Alike Call for Consumption Tax Cuts; All Proposals Fail to Identify Sources of Funding

    The Yomiuri Shimbun Prime Minister Shigeru Ishiba answers questions from reporters after expressing his disapproval of a consumption tax cut in Manila, Wednesday. By Ryosuke Okada and Takafumi Yamasaki / Yomiuri Shimbun Staff Writers 1:00 JST, May 3, …

    Source: The Japan News - Neutral
  • Published on May 1, 2025

    Can BRICS really replace the USD?

    Homepage > News > Finance > Can BRICS really replace the USD? At CoinGeek, we closely follow the movements of the BRICS alliance. In the past few years, we’ve covered how countries within BRICS have developed and launched digital currencies, vowed …

    Source: Coingeek - Neutral
  • Published on May 1, 2025

    Timeline for April 2025

    Japan’s response to President Trump’s tariffs and the opening of the Osaka Expo were among the country’s leading stories in April 2025. 1 The Bank of Japan publishes its March Tankan (Short-Term Economic Survey of Enterprises in Japan), which shows its …

    Source: Nippon - Neutral
  • Published on Apr 30, 2025

    Peso rallies back to 55:$1 on weakening greenback

    STOCK PHOTO MANILA, Philippines — The Philippine peso appreciated to the 55-level for the first time in over seven months on Wednesday, as the greenback continued to be vulnerable to shocks emanating from US President Donald Trump’s erratic trade war. The …

    Source: Inquirer - Neutral
  • Published on Apr 26, 2025

    BDO CEO Nestor Tan Warns of Economic Uncertainty Amid Global Challenges

    Share Post Viber icon Viber Email Nestor V. Tan President and CEO BDO Unibank Inc. Manila, Philippines – BDO Unibank Inc. President and CEO Nestor V. Tan has urged the Philippine banking sector to brace for potential headwinds, cautioning that global …

    Source: Asian Journal - Pending

06 days 08:56:25

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