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MANILA, Philippines - Starting July 1, investors will enjoy a reduced stock transaction tax of 0.1 percent as a new law ...
The Manila Times on MSN12h
Market reform law takes effect
With the rate now lowered to 0.1 percent, Marcos said “this will encourage more Filipinos to invest in our capital ...
MANILA, Philippines — The local stock market snapped its four-day climb as investors decided to take profits. The bellwether ...
Investing.com-- Alibaba (NYSE: BABA) Cloud on Wednesday announced the opening of a third data center in Malaysia and outlined ...
President Ferdinand Marcos Jr. rung the stock exchange bell to signal the start of the implementation of a law that eases ...
SHARE prices managed to bounce back last week as tensions in the Middle East ease. The benchmark Philippine Stock Exchange ...
THE main composite index of the Philippine Stock Exchange advanced Tuesday as US stocks closed higher overnight on trade deal ...
Philippine shares traded lower Monday as investors booked gains ahead of key data releases. The peso, however, continued to ...
PHILIPPINE SHARES rose on Tuesday, with the benchmark returning above the 6,400 line to log a one-month high, on better manufacturing data and as a law that aims to boost market participation took ...
As the graph above shows, the Philippine stock market is very cheap relative to recent history. From a P/E ratio above 20x during 2015, EPHE's P/E ratio has now fallen to just 11x.
In practical terms, the stock transaction tax is applied to every sale of shares listed on the Philippine Stock Exchange (PSE). Before the new law (0.6%): ₱100,000 sale = ₱600 tax ...
Expectations are high for improved liquidity and trading activity in the local market with the effectivity of the stock ...