ADB cuts PH growth forecast to 6%
The Asian Development Bank cuts its growth forecast for the Philippines for this year from 6.3 percent to six percent. In its three previous reports, the Asian Development Outlook, estimated this year?s growth at 6.3 per cent, lower than the official growth target of 6.8 to 7.8 percent. Next year?s...
PSE in no rush to appeal SEC?s deal-breaking ruling
AS THE Philippine Stock Exchange weighs options on its takeover bid for Philippine Dealing System Holdings Corp. Group (PDS Group), the bourse chief lamented how corporate regulators had spun a deal-breaking ruling into what is perceived as an ?unfair? attack against the PSE?s competence to run a...
