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Mail this(UPDATE) Shares close 0.8 percent higher
Sep 02, 2008 | Money Topstories RSS Feed
MANILA, Philippines -- Share prices closed 0.8 percent higher on Tuesday, lifted by the drop in world oil prices, dealers said. The composite index gained 21.73 points to 2,708.25. The all-share index rose 0.56 percent to 1,671.85 points.
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Mail thisPhilippine corporate profits fall  PSE study
Sep 02, 2008 | Money Topstories RSS Feed
MANILA, Philippines -- Soaring inflation contributed to a 4.3-percent fall in profits at listed Philippine firms over the three months to March, a stock exchange study said Tuesday.
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Mail thisMalaysian Islamic lender eyes expansion to RP, Australia
Sep 02, 2008 | Money Topstories RSS Feed
KUALA LUMPUR, Malaysia -- Malaysian lender AmIslamic Bank may tap Indonesia's sharia retail market and expand into Australia and the Philippines as it seeks growth in non-traditional Islamic markets, its chief said on Tuesday.
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Mail thisPeso slips to P46.60 : $1, central bank steps in -- traders
Sep 02, 2008 | Money Topstories RSS Feed
SINGAPORE -- (UPDATE) The Bangko Sentral ng Pilipinas, the countrys central bank was selling dollars in the currency market to try to support the weakening peso, traders said Tuesday.
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Mail thisTreating consumers like idiots
Sep 02, 2008 | Money Topstories RSS Feed
This refers to the story titled, Meralco to start P1.5-B refund in January. (Philippine Daily Inquirer, 8/19/08) Despite the order for Manila Electric Co. (Meralco) to refund meter deposits, consumers are still being treated like idiots.
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