MANILA, Philippines – The Philippines is back on the radar of global investors even in the midst of a global financial crisis as net foreign buying in the local stock market almost doubled in the first half of the year compared with the same period in 2009.
According to the Philippine Stock Exchange (PSE), net foreign buying stood at P15.8 billion as against P8.3 billion a year ago. Net foreign buying is the difference between total foreign buying and total foreign selling.
As foreign buying went up, stock market activity also enjoyed brisk business as average daily turnover for the period January to June this year grew 31.25 percent to P4.2 billion from P3.2 billion.
Stock prices, as tracked by the benchmark PSEi, went up 14.7 percent as of Aug. 17. The main composite index recorded its highest level in more than two years since the crisis when it closed at 3,525.81 points on Aug. 10.
PSE president and chief executive officer Val Suarez said the favorable economic backdrop and the positive outlook of investors on emerging economies such as the Philippines present bright prospects for the stock market. –Zinnia B. Dela Peña (The Philippine Star)
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
