The Daily Manila Shimbun

 

Stocks end lower

September 25, 2017

Stocks ended lower on Monday as the Philippine Stock Exchange index finished 36.54 points down to 8,244.73. In the broader market, there were 109 decliners, 93 gainers and 47 shares unchanged. Volume reached 1.59 billion shares worth P6.76 billion  Foreigners

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Stock index breaches 8,300 but ends lower

September 22, 2017

The Philippine Stock Exchange index broke past a key level in early trading but closed lower at the end of the day’s session on Friday. The PSE Index finished at 8, 281.27,  down 5.59 points. In the broader market, there

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High-level Philippine delegation to fly to Tokyo for 3rd infra cooperation meeting

September 22, 2017

The Philippine government’s economic team will be in Japan on Sept. 25 to discuss with Japanese officials ways of speeding up the implementation of the Duterte administration’s flagship infrastructure projects for possible funding by Japan and separately brief potential investors

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Monetary Board keeps rates steady

September 21, 2017

The Monetary Board n Thursday kept interest rate on the Bangko Sentral ng Pilipinas overnight reverse repurchase (RRP) facility at 3 percent. The corresponding interest rates on the overnight lending and deposit facilities were kept steady while the reserve requirement

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Stocks slip after reaching intraday all-time high

September 21, 2017

Stocks slipped after hitting a new intraday all-time  high, leading the Philippine Stock Exchange index to close at 8,286.86, up 67.54 points on Thursday. The PSE Index set its all-time high last September 18, as it closed at P8,294.14. The

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Japan tops ODA loans for first half: NEDA

September 21, 2017

The Government of Japan remained the country’s top Official Development Assistance (ODA) development partner, in terms of loans, for the first half of 2017. Loans from Japan, administered through the Japan International Cooperation Agency (JICA) had the largest share of 44.83

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Stocks gain after dipping the previous day

September 20, 2017

Stocks ended higher on Wednesday in heavy trading following Tuesday’s decline as the Philippine Stock Exchange index gained 56.62 points to 8,219.32. In the broader market, however, there were 107 gainers, 106 decliners and 42 shares unchanged. Volume reached 2.16

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Overall BOP position posts $7 million deficit in August

September 19, 2017

The country’s overall balance of payments (BOP) position in August posted a slight deficit of $7 million, lower by $671 million than the previous month’s shortfall of $678 million, the central bank said in a statement on Tuesday. Outflows during

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