Traders work beneath an electronic ticker at the trading floor of the Philippine Stock Exchange in Bonifacio Global City .
The market is also seen to benefit from government’s plan to reduce banks’ reserve requirement since “not all funds could be accommodated in upcoming fiscal bond or corporate note issuances.” It is also bullish on LT Group after the firm’s tobacco delivered strong results on higher volumes and a favorable sales mix. “It is one of the cheapest conglomerates despite having one of the fastest growth rates,” Abacus said.
.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump ramps up battle vs Huawei | The Manila Times OnlineWASHINGTON, D.C.: Donald Trump stepped up his battle against Huawei Wednesday (Thursday in Manila), effectively barring the Chinese telecom giant from the US market and adding it to a blacklist restricting US sales to the firm amid an escalating trade war with Beijing. An executive order signed b
Source: TheManilaTimes - 🏆 2. / 92 Read more »
Environmental group asks DA, DOH to form ‘Vinegar Safety Committee’Alarmed with the possible health risks, environmental group EcoWaste Coalition asked the Department of Agriculture (DA) and the Department of Health (DoH) to form a “Vinegar Safety Committee” with reports that showed eight of the 10 vinegar brands sold in the market are “fake’’ as they are made from synthetic instead of natural sources.
Source: manilabulletin - 🏆 25. / 51 Read more »