The Daily Manila Shimbun

 

ADB revises Philippine growth targets from 6.8% to 6.4%

September 26, 2018

The Asian Development Bank (ADB) has revised its economic growth outlook for the Philippines to 6.4 percent for 2018 and 6.7 percent for 2019 as gross domestic product (GDP) growth softened unexpectedly in the first half of this year. In

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Economic briefing in London showcases Philippine economic growth

September 26, 2018

Top economic and infrastructure managers under the administration of Philippine President Rodrigo Duterte on Tuesday showcased the Philippines’ stable and robust growth prospects, along with infrastructure projects and big-ticket investment opportunities under the government’s massive “Build, Build, Build” program before investors and other foreign stakeholders

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BOJ Policymaker Concerned about Higher Long-Term Rates

September 25, 2018

Tokyo- A Bank of Japan policymaker expressed concern over a move by the central bank to allow a rise in long-term interest rates at a policy meeting in July, minutes of the meeting showed on Tuesday. The member of the

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Takashimaya Opens Commercial Complex in Tokyo’s Nihonbashi

September 25, 2018

Tokyo- Major Japanese department store Takashimaya Co. opened a new commercial complex in Tokyo’s Nihonbashi district on Tuesday, hoping to widen the age range of its customers and attract more tourists from abroad. The Nihonbashi Takashimaya Shopping Center, which houses

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Hitachi to Sell Sony TVs, Eyeing Stronger Appliance Sales Tie-up

September 25, 2018

Tokyo- Group companies of Hitachi Ltd. and Sony Corp. said Tuesday that they have agreed to tie up in home appliance sales in Japan. Under the agreement, Sony’s mainstay Bravia television sets will be sold at Hitachi-affiliated home appliance retailers

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Peso slumps again, share index loses ground

September 25, 2018

The Philippine peso fell to its lowest point of the day of P54.35:$1 against the US dollar on Tuesday before rallying to end at P54.31, down by eight centavos from the previous session. The peso’s decline, now at nearly 13-year

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Peso hits intraday low of P54.28:$1 before rallying

September 24, 2018

The Philippine peso closed to its lowest level in nearly 13 years on Monday, three days before the central bank’s policy-making body will decide to increase interest rates. The peso hit a low of P54.28 against the US dollar past

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Inflation to reach peak in September: central bank official

September 22, 2018

Bangko Sentral ng Pilipinas ( BSP) Deputy Governor Diwa Gunigundo on Saturday said inflation will reach its peak in September as the BSP’s policymaking body meets next week to decide if policy rates must be increased. “Inflation will remain high

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