Strong growth allows BSP to enforce stricter rules on ‘hot money’
The Bangko Sentral ng Pilipinas (BSP) said the robust growth of the economy had allowed it to become stricter against excessive foreign portfolio investments and help keep stability in the country’s financial markets.
Moral ascendancy … ugh!
The self-righteous senators have fallen from their pedestal.
PLDT sets lower capex for ’13
Philippine Long Distance Telephone Co. (PLDT) expects to spend less for expansion this year following the recent completion of its two-year network modernization program.
Petron raises $500M from sale of perpetual bonds
Petron Corp., the country’s largest oil refiner and distributor, has raised $500 million from the sale of perpetual bonds, thus reopening the international hybrid capital market for Philippine issuers.
Metro Manila 3rd top global BPO hub, survey says
Metro Manila climbed up a notch on a list of the world’s top outsourcing hubs in 2012, ranking just behind India’s Bangalore and Mumbai.
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