Indices Analysis

THE YEAR 2020 is when everything changed, when things ranging from how people shop, work, socialize, and study have been affected by the coronavirus disease 2019 (COVID-19) virus. The same goes with how ads are now made, what message they transmit to their customers, and how they incorporate this new, …

THE consortium involved in developing the country’s sole natural gas field will still proceed in applying for the project’s extension despite the imminent exit of its operator. Shell Philippines Exploration B.V. (SPEx) on late Wednesday said it was considering the sale of its 45% stake in the Malampaya gas-to-power project …

ABS-CBN Corp. announced Thursday the resignation of its chairman emeritus and director, Eugenio Gabriel “Gabby” L. Lopez III, more than three months after a House panel denied the television network’s application for a broadcast franchise. Mr. Lopez also stepped down as director of ABS-CBN Holdings Corp., Sky Vision Corp., Sky …

COUNTING on China as an anchor of strength has been a good tactic for traders of Asia’s emerging currencies. That link is losing traction as recovery paths from the coronavirus pandemic diverge. While China’s economy has bounced back from the coronavirus crisis, as shown by data such as retail sales …

S&P GLOBAL RATINGS expects the Philippine economy to shrink by 9.5% this year — the worst in Southeast Asia, due to the “stubbornly high” coronavirus disease 2019 (COVID-19) infections and low fiscal support. Read the full story.

Consumer confidence reached a record low in the third quarter, while business sentiment was at its most pessimistic in over 11 years due to worries over the pandemic-induced recession. — PHILIPPINE STAR/MICHAEL VARCAS CONFIDENCE among Filipino consumers fell to a record low in the third quarter, while businesses were at …

CONFIDENCE among Filipino consumers fell to a record low in the third quarter, while businesses were at their most pessimistic in over 11 years, as the pandemic took its toll on the economy, the latest surveys by the Bangko Sentral ng Pilipinas (BSP) showed. Read the full story.

The Philippines is projected to have the worst-performing economy in Southeast Asia this year, as coronavirus disease 2019 infections continue to rise. — PHILIPPINE STAR/MICHAEL VARCAS S&P GLOBAL RATINGS expects the Philippine economy to shrink by 9.5% this year — the worst in Southeast Asia, due to the “stubbornly high” …

INTERNET provider Converge ICT Solutions, Inc.’s initial public offering (IPO), which may raise up to P41.55 billion, has received the go signal from the Securities and Exchange Commission. (SEC). In a statement on Thursday, the corporate regulator said it approved the application of Converge ICT to raise funds through an …

Credit card issuers can no longer charge interest rates of more than 2% a month or a total of 24% a year on unpaid outstanding credit card balances starting Nov. 3, 2020, the central bank said. — REUTERS By Luz Wendy T. Noble, Reporter THE central bank approved an annual …