Transactions on foreign investments registered with the BSP, through AABs, in October 2023 recorded net outflows of US$328 million resulting from the US$1.3 billion gross outflows and the gross inflows of US$954 million for the month. The recorded net outflows are smaller than the net outflows posted in September 2023 (US$698 million).
Cebu Pacific (PSE: CEB) generated total revenue of P23.3 billion for the third quarter of 2023, 39% higher year-on-year and 23% above same period in 2019. This was on the back of over 5.3 million passengers flown onboard 35,000 flights, which are 27% and 18% higher year-on-year, respectively. Seat load factor improved to 83.7%, 9.7 percentage points higher year-on-year.
– 𝗡𝗲𝘄 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲𝗿𝘀 𝗿𝗶𝘀𝗲 𝘁𝗼 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗹𝗲𝘃𝗲𝗹 𝗶𝗻 𝗲𝗶𝗴𝗵𝘁 𝗾𝘂𝗮𝗿𝘁𝗲𝗿𝘀 – 𝗖𝗼𝗻𝘃𝗲𝗿𝗴𝗲 𝗰𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗲𝘀 𝟮𝗠 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲𝗿 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 Leading fiber broadband
BDO Securities encourages investors to maintain a steadfast approach to their investment strategies and not be swayed by superstitions as the ‘Ghost Month’ approaches. An annual observance believed to bring bad luck, “Ghost Month” is often associated with cautious behaviors and superstitions that supposedly affect financial markets.
SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year.
