The Daily Manila Shimbun

 

Duterte maintains 5 percent tariff on deboned poultry meat until Dec. 2022

January 18, 2021

President Rodrigo Duterte has issued an executive order maintaining the 5 percent rates of duty on mechanically deboned meat of chicken and turkey, among others, until the end of 2022. EO No. 123, which Duterte signed on January 15, said

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Diokno assigns Dakila as central bank OIC

January 18, 2021

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno has designated BSP Deputy Governor Francisco Dakila, Jr. as officer-in-charge of the BSP while he recovers from a medical procedure performed Sunday. Diokno on medical leave after undergoing a successful procedure to

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Business registration increases despite pandemic, says DTI chief

January 15, 2021

The Department of Trade and Industry has recorded a surge in the number of businesses registering despite the coronavirus disease last year, an official said on Friday. This as Trade Secretary Ramon Lopez expressed optimism that more businesses will open

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DTI pushes for further open the economy by lowering age restriction of who should stay home

January 15, 2021

Trade Secretary Ramon Lopez expressed hope on Friday to further open up the economy by lowering the age restriction of those who should stay at home. In the “Laging Handa” public briefing, Lopez suggested that the age limit of those

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Peso ends at P48.10:$1, PSEi surge loses steam

January 11, 2021

The Philippine peso closed at P48.10 against the US dollar from P48.088 on Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $451.2 million from $727.37 million on Friday. The Philippine Stock Exchange index

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Gov’t to disprove Moody’s forecast of Philippines likely to be last country in Asia Pacific to fully recover

January 8, 2021

The Philippine government would “disprove” the forecast of Moody’s Analytics that the country is likely to be the last country in Asia Pacific to fully recover from recession due to coronavirus pandemic, Malacanang said. Presidential Spokesperson Harry Roque said the

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PHL thanks Japan for quick release of 10-B yen loan to aid typhoon victims

January 6, 2021

The Philippines has thanked Japan for quickly disbursing another 10-billion yen under the second phase of its Post Disaster Standby Loan 2 (PDSL 2) program that will support ongoing government efforts to rehabilitate areas, and help families affected, by the

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Peso hits P48.015 against US dollar before ending at P48.02

January 4, 2021

The peso hit an intraday high of P48.015 against the US dollar before settling at P48.02 on Monday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $873.75 million. On Dec 29, the last trading

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