Investor Strategy
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6Marikina River dredging to help prevent floods
The Department of Public Works and Highways on Friday said it had started dredging the Marikina River to expand its capacity in...
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Stocks inch up over news of COVID-19 vaccine arrival
Local shares closed the week on a high note after the government announced that the country’s coronavirus disease 2019 (COVID-19) vaccines are...
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Hot money posts net inflow of $97.92-M in January
Foreign portfolio investment (FPI) posted a net inflow of $97.92 million in January, as overall sentiment improved due to the swearing in...
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China Bank 2020 net profit up 19.8% led by net interest income
China Banking Corp. said it booked a 19.8% increase in net profit in 2020, with the low-interest environment driving solid growth in...
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DBP backs legislation amending bank charter
The Development Bank of the Philippines (DBP) said it supports the passage of a measure that will improve its ability to finance...
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BPI merger with savings unit effective by 2022
The Bank of the Philippine Islands (BPI) said it expects to complete its all-share merger with thrift unit BPI Family Savings Bank...
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Peso strengthens on imminent arrival of vaccines
The peso closed stronger on Friday, receiving a boost from the government’s announcement of the first vaccines due to arrive in the...
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Lack of online offering costs Primark £1.6bn in lost lockdown sales
The owner of Primark said yesterday that the latest lockdown would cost the chain £1.6 billion in lost sales, but it...
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Network Rail chairman predicts 10% reduction in train need post pandemic
Around 10% fewer train services should run once the country opens up again, compared to the pre-pandemic timetable, the chairman of...
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Extension of stamp duty holiday ‘could help 300,000 sales’
About 300,000 property purchases in England could benefit from the three-month extension in the stamp duty holiday the chancellor will formally...
