Cnn business news philippines 1 05 2019

Here are the top business news stories from CNN Philippines on January 5, 2019:

  1. Philippine stocks open higher on positive economic data: The Philippine Stock Exchange (PSE) index opened higher on Friday, January 4, 2019, driven by positive economic data and a rally in the country's peso against the US dollar. The PSE index rose 0.45% to 7,934.41 points.

Source: CNN Philippines, "Philippine stocks open higher on positive economic data"

  1. SM Investments to acquire 49% stake in BDO Unibank: SM Investments Corp., one of the Philippines' largest conglomerates, has agreed to acquire a 49% stake in BDO Unibank, the country's largest bank, for P54.8 billion (approximately $1.1 billion). The deal is expected to be completed by the second quarter of 2019.

Source: CNN Philippines, "SM Investments to acquire 49% stake in BDO Unibank"

  1. Philippine economy grows 6.4% in Q4 2018: The Philippine economy grew 6.4% in the fourth quarter of 2018, driven by strong domestic demand and a rebound in the agriculture sector. The country's gross domestic product (GDP) growth rate for the full year 2018 was 6.2%, slightly below the government's target of 6.5%.

Source: CNN Philippines, "Philippine economy grows 6.4% in Q4 2018"

  1. Philippine inflation rate eases to 3.3% in December: The Philippine inflation rate eased to 3.3% in December 2018, from 3.5% in November, due to slower increases in food and housing prices. The country's inflation rate for the full year 2018 was 3.4%, within the government's target range of 2-4%.

Source: CNN Philippines, "Philippine inflation rate eases to 3.3% in December"

  1. Philippine government to issue P200 billion worth of bonds: The Philippine government plans to issue P200 billion (approximately $4 billion) worth of bonds in the first quarter of 2019 to finance its budget deficit and refinance maturing debts.

Source: CNN Philippines, "Philippine government to issue P200 billion worth of bonds"

These are just some of the top business news stories from CNN Philippines on January 5, 2019. If you're looking for more information or specific news articles, please let me know!