The Daily Manila Shimbun

 

PSE index ends flat

April 3, 2020

The Philippine Stock Exchange (PSE) Index ended flat but the broader market was higher on Friday. The peso finished at P50.72 against the US dollar from P50.85 on Thursday. Volume at the foreign exchange portal of the Bankers Association of

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GDP growth to slide in 2020 due to COVID-19, strong rebound seen in 2021: ADB

April 3, 2020

Philippine economic growth will slow significantly this year before a strong rebound in 2021, with expansionary fiscal and monetary policies partly offsetting slower domestic demand and disruptions in tourism, trade, and manufacturing, according to a new Asian Development Bank (ADB)

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DTI chief supports “gradual” lifting of enhanced community quarantine in Luzon

April 1, 2020

Trade Secretary Ramon Lopez expressed support on Wednesday for the “gradual,” “phased,” or “modified” lifting of the enhanced community quarantine in Luzon where essential businesses, including supply chain, would be allowed to operate. In the televised “Laging Handa” press briefing,

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PSE index gains, peso lower vs US dollar

April 1, 2020

The main Philippine stock index gained for the second day on Wednesday, the first trading day of April. But the peso declined by 20 centavos against the US dollar to end at P50.88. Volume at the foreign exchange portal of

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PSE index down for second session

March 30, 2020

The main Philippine share index ended lower for the second straight on Monday. The peso  ended at P50.96 against the US dollar from P51 on Friday on thin volume.Turnover at the foreign exchange portal of the Bankers Association of the

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Cebu Pacific operator reports big net income last year

March 30, 2020

Cebu Air Inc. (CEB), the operator of Cebu Pacific and Cebgo on Monday, reported a 132.6 percent increase in net income last year due to higher passenger traffic. The Gokongwei-led airline said net income amounted to P9.12 billion last year

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DICT issues circular for ICT-BPO sector

March 30, 2020

The Department of Information and Communications Technology (DICT) has directed the business process outsourcing (BPO) sector to continue operating for the duration of the Luzon-wide quarantine period. The DICT circular provides that Work-From-Home (WFH) arrangements, as far as practicable, be

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PSE index snaps three-day rally to end lower

March 27, 2020

After a three-day rally, the Philippine Stock Exchange (PSE) index closed lower at 134.967 points to 5,266.62 on Friday. As of 10 am, the index rose 227.21 points as it looked to follow on Thursday’s big one-day gain.After one hour, 

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