Wise Money Tips for the OFWs in the Pandemic

Reading Time: 4 minutes It’s been more than a year since the COVID-19 hit the entire world. What began as a health crisis evolved into an economic slowdown on a global scale. Among the sectors severely affected were Filipino migrant workers who lost jobs, some had to return to the country and others unable to work abroad again.   From 2.2 million OFWs deployed in 2019, it dropped to 549,000 in 2020 causing a significant decline also in... Read More

3 Ways You Can Invest When You’re on a Budget

Reading Time: < 1 minute When you make investing a priority, you are positioning yourself to a lifetime of possibilities! A common misconception when it comes to investing is that you need to be rich in order to start investing. But did you know, Php 5000 is all you need to open a mutual fund account? Yes! You can start investing in the biggest PH companies in the stock market for as low as Php 5K. In this post, we are sharing three... Read More

The Market Call | August 2021

Reading Time: < 1 minute Macroeconomy Q2 double-digit economic expansion brought back optimism, after the economy succumbed to the red for the past five consecutive quarters. The rest of the economic data painted a brighter outlook for the rest of 2021. Manufacturing gains skyrocketed to 453% in June and the economy added 360-K jobs. Moreover, government disbursements continued to gain... Read More

5 Perks of Investing Early

Reading Time: < 1 minute Age plays a crucial role when it comes to investing. Regular investments, no matter how small it may be, made right from an early age can reap huge benefits over the long-term.  So why is it important to start investing at an early age?  Here are five exact reasons why.    1. Time is on your side  Investing for the long-term means... Read More

Important Advisory | First Metro Asset continues to Serve

Reading Time: < 1 minute In accordance with the Philippine President’s declaration to revert the National Capital Region to Enhanced Community Quarantine (ECQ), FAMI will operate on a work-from-home arrangement (WFH) until further notice.   We want to assure you that First Metro Asset remains committed to delivering outstanding investment solutions and client service. You may contact us through the... Read More

The Market Call | July 2021

Reading Time: < 1 minute Macroeconomy Most economic indicators pointed to a more healthy recovery with outsized gains in manufacturing output in May (+265% YoY), and employment on the mend, largely to induce higher consumption spending, and NG spending still on the rise. PH added 1.4-M jobs in May, making up for the previous month’s loss. Full-time employment, likewise, improved.... Read More

The Market Call | June 2021

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Reading Time: < 1 minute Macroeconomy Key economic indicators — the more than 100% surge in exports, adequate fiscal room for higher infrastructure spending, and steady price movements which may eventually soften should supply-side constraints ease — will help counter the headwinds in the job market. The latter weakened in April due partly to the renewed mobility restriction starting mid-March.... Read More