Powered by: Motilal Oswal

News

Datamatics Global Services moves up on inaugurating new delivery centre in Philippines Datamatics Global Services is currently trading at Rs. 655.00, up by 3.90 points or 0.60% from its previous closing of Rs. 651.10 on the BSE. The scrip opened at Rs. 646.00 and has touched a high and low of Rs. 667.55 and Rs. 646.00 respectively. So far 4077 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 775.00 on 12-Jan-2024 and a 52 week low of Rs. 455.00 on 04-Jun-2024. Last one week high and low of the scri...
Datamatics Global Services moves up on inaugurating new delivery centre in Philippines
Datamatics Global Services moves up on inaugurating new delivery centre in Philippines
Source: Accord Fintech
2024-12-20 10:36:59 am
Wardwizard Innovations moves up on dispatching Customized Electric Three-Wheeler to Philippines Wardwizard Innovations & Mobility is currently trading at Rs. 43.17, up by 0.63 points or 1.48% from its previous closing of Rs. 42.54 on the BSE. The scrip opened at Rs. 44.10 and has touched a high and low of Rs. 45.94 and Rs. 42.70 respectively. So far 284567 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 86.50 on 15-Jan-2024 and a 52 week low of Rs. 39.90 on 23-Oct-2024. Last one week high and low of th...
Wardwizard Innovations moves up on dispatching Customized Electric Three-Wheeler to Philippines
Wardwizard Innovations moves up on dispatching Customized Electric Three-Wheeler to Philippines
Source: Accord Fintech
2024-11-13 11:28:21 am
Philippines Corn Imports Surge as Tariffs Drop by 80% by Amit Gupta, Kedia Advisory The Philippines is experiencing a sharp increase in corn imports, projected at 1.5 million tons for 2024/25 due to lowered tariffs. Recent government initiatives have reduced in-quota tariffs from 35% to 5% and out-of-quota tariffs from 50% to 15%, making imported corn more affordable. This tariff reduction primarily benefits the livestock and poultry sectors, which are significant consumers of corn feed. However, domestic corn production remains constrained by factors like pest infestations ...
Philippines Corn Imports Surge as Tariffs Drop by 80% by Amit Gupta, Kedia Advisory
Philippines Corn Imports Surge as Tariffs Drop by 80% by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-11 12:09:57 pm
Philippines to allocate $875 for military modernisation plan in 2025 The Philippines will allocate 50 billion pesos ($875 million) to fund the modernisation program of the Armed Forces of the Philippines (AFP) in 2025, a member of the House of Representatives said on Sunday.  In the 2025 national budget, the sum of 50 billion pesos in capital outlays has been earmarked to be used exclusively to support the funding requirements of the AFP's ongoing modernisation projects, reports Xinhua news agency, quoting Representative Johnny Pimentel. "T...
Philippines to allocate $875 for military modernisation plan in 2025
Philippines to allocate $875 for military modernisation plan in 2025
Source: IANS
2024-08-18 04:59:10 pm
Philippines central bank cuts rate after nearly four years Interest rates on the overnight deposit and lending facilities were accordingly adjusted to 5.75 per cent and 6.75 per cent, respectively, the bank said in a press note, Xinhua news agency reported. It was the first rate cut since November 2020. Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona told mediapersons that the country's headline inflation is projected to trend downward to within the government's 2-4 per cent target range despite uptick in July. "The risk...
Philippines central bank cuts rate after nearly four years
Philippines central bank cuts rate after nearly four years
Source: IANS
2024-08-15 05:02:12 pm
Philippines manufacturing growth slows in June 2024 The performance of manufacturing production in the Philippines sustained its growth in June 2024, the Philippine Statistics Authority (PSA) said Wednesday.  Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.2 per cent and 2.5 per cent in June, respectively. The PSA said the VaPI rose at a slowed annual rate of 2.2 per cent in June 2024 from a yearly increase o...
Philippines manufacturing growth slows in June 2024
Philippines manufacturing growth slows in June 2024
Source: IANS
2024-08-07 12:42:12 pm
Philippines submits $108.8 billion budget for 2025 The Philippines' Department of Budget and Management (DBM) on Monday submitted the proposed 2025 budget or national expenditure program (NEP) to the House of Representatives for scrutiny.  Budget Secretary Amenah Pangandaman said the proposed 2025 budget has a layout of 6.352 trillion pesos (roughly $108.8 billion), equivalent to 22 per cent of the gross domestic product and 10.1 per cent higher than the 2024 national budget, Xinhua news agency reported. In crafting the propose...
Philippines submits $108.8 billion budget for 2025
Philippines submits $108.8 billion budget for 2025
Source: IANS
2024-07-29 03:50:38 pm
Adani Ports & SEZ eyes significant expansion into the Philippines Adani Ports and Special Economic Zone (APSEZ) is planning to invest significantly in the Philippines, and is looking at Bataan for its port development plan, the Philippines government has said. Bataan is a province on the Philippine island of Luzon. According to a statement from the Philippines Presidential Office, APSEZ is planning to invest owing to the "stability in regulation and business environment" under the President Ferdinand R Marcos Jr administration. “You...
Adani Ports & SEZ eyes significant expansion into the Philippines
Adani Ports & SEZ eyes significant expansion into the Philippines
Source: IANS
2024-05-04 02:08:39 pm
India allows some rice shipments to Philippines, other importing countries India will allow exports of non-basmati white rice to a clutch of countries such as the Philippines - one of the world's biggest importers of the grain - a government order said on Wednesday.India, the world's biggest rice exporter, in July banned overseas shipments of non-basmati white rice and later imposed a 20% tax on parboiled rice cargoes to keep a lid on local prices and ensure sufficient supplies in the domestic market.But New Delhi said it would still consider requests for supplies o...
India allows some rice shipments to Philippines, other importing countries
India allows some rice shipments to Philippines, other importing countries
Source: Reuters
2023-10-19 09:38:49 am
Philippines take gold, China settle for bronze in Asiad men`s basketball The Philippines defeated Jordan 70-60 in the final of the men's basketball tournament, while China thrashed Chinese Taipei 101-73 in the bronze medal match at the Hangzhou Asian Games.It was the Philippines' fifth Asiad title, and their first since 1962. Justin Brownlee scored Gilas' team-high 20 points and Angelo Kouame and Scottie Thompson added 14 and 11 respectively, reports Xinhua.On Jordan's boxscore, Rondae Jefferson scored a game-high 24 points and Fadi Mustafa added 13. Jordan's fron...
Philippines take gold, China settle for bronze in Asiad men`s basketball
Philippines take gold, China settle for bronze in Asiad men`s basketball
Source: IANS
2023-10-07 12:54:28 pm