Thursday, June 13, 2013

INQUIRER: PH stocks plunge 6.8%

PHILSTAR: Markets plunge as foreign funds exit Phl.

MLA STANDARD: Stock market nosedives on lower growth forecast

MANILA TIMES: Stocks fall nearly 7% on profit-taking

ABS-CBN: PSEi in worst slump since 2008

INTERAKSYON TV5: Stocks in record dive, peso slumps; BSP scrambles to calm markets

GMA NEWS: PHL shares fall nearly 7% as foreign funds flee emerging markets

BUSINESSWORLD: Dive steepest in nearly five years

BUSINESSMIRROR: Local stocks in biggest single-day drop in 5 mos.
ANC: Shares saw its worst one-day loss since 2008, as the Philippine Stock Exchange index nosedived 6.75% on Thursday due to investors pulling out their funds and eyeing the improving US economy. The PSEi sank to 6,114.08 Thursday, losing 6.75% or 442.57 points from Tuesday's finish. This is  the lowest level since it closed at 6,092.53 on January 23 this year.
ANC: MILF
- An MILF official told ABS-CBN News Cotabato Wednesday that they are not very much happy on the status of the peace negotiations with the Aquino administration right now.
EMIL JURADO: The NSO has said that unemployment worsened to 7.5% in April. This translates to 3.09M Filipinos unemployed. The underemployed now number 7.25M Filipinos. So what does a resurgent economy mean for people who don't even have food on the table? In the last few days, a number of not-so-good things happened in the economic front. First came the decrease of exports, then the increasing OUTFLOW of foreign direct investments because of a reported rebound of the US economy. The peso weakened, resulting in big losses in the stock market.
TRIBUNE: Investments lack, slowing trade fuel 7.5% jobless rate
The figure puts the total of jobless Filipinos at 3.068 million during the month. The dismal employment data was accompanied by a NEDA report that exports contracted by 12.8 percent in April to $4 billion from $4.6 billion a year ago. The BSP also released data the other day that foreign direct investments (FDI) posted a net outflow of $78 million in March which means more investments flew out rather than infused into the country.
tuwid na daan on a rampage!
utilities going up, gas prices and tuition fees up, worsening unemployment, FDI's down, peso plunging, taiwanese tourist pulling out, worsening abu sayaf and npa problems, election hocus pcos, luisita hocus pocus, and pnoy on a travel binge to improve relations with poorer op with aung suu kyi.... waaaaaa!!!
ABSNEWS:
Foreign direct investments reached 1.3 billion dollars in the 1st quarter, 8.5 PERCENT LOWER than the SAME period a year ago, according to the Bangko Sentral ng Pilipinas. "The decline in cumulative FDI was due mainly to lower net equity capital investments in the first quarter of the year," BSP said.

Wednesday, May 22, 2013

Dzmm:
SWS: Mga nagugutom na pamilyang Pinoy, pumalo na sa 3.9-M
ANC: SWS POLL: Hunger again on the rise
- The March 19-22 poll put the number of respondents who said they experienced having nothing to eat at 19.2%, equivalent to an estimated 3.9 million families, and up from December's 16.3%.
ANC: Former Comelec Commissioner Gus Lagman turns the tables not just on erstwhile boss, Chairman Sixto Brillantes, but the rest of his former colleagues in the poll body. Lagman reveals, Comelec officials are getting intelligence funds amounting to P1M each.