The Daily Manila Shimbun

 

DOF execs attending World Bank spring meeting

April 23, 2017

Key officials of the Department of Finance (DOF) are attending the annual spring meetings of the World Bank this month in Washington DC to discuss with global investors, credit rating agencies and representatives of other countries bright economic prospects for

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Stocks, peso gain

April 21, 2017

Stocks closed higher on Friday, as the Philippine Stock Exchange closed 14.71 points higher to 7,578.16 points. In the broader market, there were 107 gainers compared to 88 decliners with 44 issues unchanged. Japanese stock brokerage firm Daiwa bought a

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Stocks higher, peso declines

April 20, 2017

Stocks closed higher on Thursday, as the Philippine Stock Exchange index finished 40.47 points up at 7,563.45. At the broader market, there were 96 decliners and 94 gainers, with 43 unchanged. Volume reached one billion shares valued at P5.94 billion.

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Net outflows of foreign portfolio investments slightly higher in March

April 20, 2017

Foreign portfolio investments transactions for March 2017 resulted in overall net outflows of $460 million, slightly higher than the $409 million net outflows recorded in February 2017, a statement by the Bangko Sentral ng Pilipinas (BSP) said Thursday. Registered foreign

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National government budget gap at P21.5b for January to February

April 20, 2017

The national government ran a P23.7 billion deficit for February 2017, a third lower than last year as revenue generation outpaced spending growth, the Bureau of Treasury said Thursday. The trend is reflected as well in the lower cumulative shortfall

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Stocks, peso lower

April 19, 2017

Stocks ended lower on Wednesday with telco shares declining after the Philippine Competition Commission appealed to the Supreme Court to allow the former to review a big sale of telecom assets by San Miguel to Smart and Globe. The Philippine

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LRMC signs P980m deal to restore LRT Line 1 structure

April 19, 2017

Light Rail Manila Corp.,  a consortium led by Ayala Corp. and Metro Pacific Investments Corp. said on Wednesday it signed a P980-million deal with First Balfour to restore the structure of Light Rail Transit (LRT) Line 1. The project  includes

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Stocks almost unchanged

April 18, 2017

Stocks closed almost unchanged on Tuesday as the Philippine Stock Exchange index finished at 7,588.98, up 0.45 points. In the broader market, there were 104 decliners while gainers were 87. Forty eight issues remained unchanged. Volume was 1.25 billion shares

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