The Daily Manila Shimbun

 

Foreign portfolio investments yield net inflows in September: central bank

October 12, 2017

Registered foreign portfolio investments for September reached $1.30 billion, higher by 38.5 percent and 1.8 percent than the $936 million and $1.27 billion recorded in August and September last year, the Bangko Sentral ng Pilipinas said Thursday. This may be

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(UPDATE) Stock index finishes at new all-time high

October 12, 2017

The Philippine Stock Exchange (PSE) index soared to a new record high on Thursday. The PSE index gained at 44.34 points to touch an all-time high of 8,402.81 from previous close of 8,358.47 on October 10. “The fact the record

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Stock index ends at another all-time high

October 12, 2017

Philippine stocks finished at a new all-time record for the third time in four days, with the key index finishing above a key level on Thursday. The previous all-time high was 8, 398.04. on October 10 The Philippine Stock Exchange

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Stocks retreat from record close

October 11, 2017

Stocks ended lower on Wednesday, ending two days of record setting finishes by the Philippine Stockj Exchange index. The index closed 39.87 points lower to 8,358.47. In the broader market, there were 97 decliners, 90 gainers and 56 shares unchanged.

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DOF says JTI takeover of Mighty to raise ‘sin’ tax take by P40b in 2018

October 11, 2017

The government stands to gain almost P40 billion in additional revenues from the “sin” tax on tobacco products starting  in 2018, following the move by Mighty Corp, to settle its tax liabilities and sell its assets to Japan Tobacco Inc.

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July FDI inflows $307 million from year-ago $493 million: BSP

October 10, 2017

Foreign direct investments (FDI) posted $307 million net inflows in July, lower than the $493 million net inflows recorded in the same month last year, the Bangko Sentral ng Pilipinas said Tuesday. This was mainly due to decline in investments

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Stock index ends at new record close

October 10, 2017

The Philippine Stock Exchange index closed at a new all-time high on Tuesday as it gained 30.66 points to 8,398.04. But the broader market showed 103 decliners, 91 gainers and 51 issues, leading one broker to voice caution. “The volume

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Philippine trade grew double-digit in August

October 10, 2017

The Philippine Statistics Authority reported Tuesday total trade grew by 10 percent in August ,a up from June (1.5 percent) and July’s (2.5 percent) growth. Exports recorded its ninth consecutive month of positive growth at 9.3 percent, and imports grew

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