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Bargain hunting, growth prospects lift PLDT stock

Bargain hunting, growth prospects lift PLDT stock
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Negative market sentiment drags down AC Energy stock

Negative market sentiment drags down AC Energy stock
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More Filipinos unemployed in January

More Filipinos unemployed in January
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Marissa Maem Ramos , Philippine Statistics Authority , Labor Force Survey , Marissa Mae , மரிசா மாெம் ராமோஸ் , பிலிப்பைன் புள்ளிவிவரங்கள் அதிகாரம் , தொழிலாளர் படை கணக்கெடுப்பு , மரிசா மே ,

4 million Filipinos still jobless in Jan.

Researcher
AROUND four million Filipinos remain jobless in January, as more reentered the labor force with the further easing of quarantine restrictions around the country, government labor data released on Tuesday showed.
Preliminary results of Philippine Statistics Authority’s (PSA) January 2021 round of the Labor Force Survey (LFS) showed around 3.953 million unemployed Filipinos, up from 3.813 million in October 2020 and 2.391 million in January 2020.
This put the unemployment rate at 8.7% in January, unchanged from October 2020 but higher than 5.3% in January 2020. The January 2021 reading was the highest among January LFS rounds since the government adopted new definitions for the survey in 2005.
The quality of jobs also weakened as the underemployment rate the proportion of those already working, but still looking for more work or longer working hours worsened to 16% from 14.4% in October and 14.8% in January 2020. This translates to 6.589 million unde ....

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Philippines' big banks lend less money in Q4

Researcher
THE COUNTRYâS biggest banks lent less to households and firms in the fourth quarter of 2020, as profits fell and soured loans increased amid the coronavirus pandemic.
The latest edition of
BusinessWorldâs quarterly banking report showed the aggregate loans of 46 universal and commercial banks (U/KBs) contracted by 3.96% year on year to P9.582 trillion in the fourth quarter, more than the 0.74% decline in the preceding quarter, as banks remained risk averse.
The latest reading was the largest since the fourth quarter of 2003 when loans lent by U/KBs went down by 4.17%. Moreover, this was only the second decline in almost 11 years following the slump in the previous quarter. ....

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