The Daily Manila Shimbun

 

End-November 2018 GIR level rises to $75.49b

December 7, 2018

Preliminary data showed gross international reserves (GIR) rose to $75.49 billion as of end-November 2018, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla, Jr. announced Friday. This was higher than the $74.71 billion level recorded in October due mainly to

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Stocks lower, but peso gains slightly

December 7, 2018

Stocks closed lower while the peso gained slightly against the US dollar on Friday. The Philippine Stock Exchange index settled at 7, 461.06, down 74.26 points. In the broader market, there were 110 decliners, 80 gainers and 42 shares unchanged.

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Japan to Ban Huawei, ZTE from Govt Contracts

December 7, 2018

Tokyo–Japan plans to effectively ban Chinese telecommunications giants Huawei Technologies Co. and ZTE Corp. from contracts with government agencies and the Self-Defense Forces for national security reasons, government sources said Friday. The move comes in response to allegations that the

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Stocks, peso end lower

December 6, 2018

Philippine stocks ended lower despite some foreign buying while the peso declined against the US dollar on Thursday. The Philippine Stock Exchange ( PSE) finished at 7,535.22, down 95.58 points. In the broader market, there were 113 decliners, 74 gainers

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Stocks, peso end lower

December 5, 2018

Despite good inflation figures of six percent for November, stocks and the peso closed lower on Wednesday. The Philippine Stock Exchange (PSE) index ended at 7, 630.90 points, down 73.02 points. The peso closed at P52.74 against the US dollar

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BSP says Nov. inflation means “price pressures have started to ease”

December 5, 2018

The Bangko Sentral ng Pilipinas ( BSP) said November’s inflation rate of six percent ” confirms the BSP’s assessment that price pressures have started to ease in Q4 2018.” The Philippine Statistics Authority said the November figure is lower than

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Manufacturing indices up for 10 straight months

December 5, 2018

The Monthly Integrated Survey of Selected Industries (MISSI) of the Philippine Statistics Authority for October 2018 reported manufacturing’s Volume of Production Index (VoPI) rose by3.9 percent while the Value of Production Index (VaPI) climbed by 3.3 percent, the National Economic and Development Authority (NEDA) said Wednesday. VoPI and VaPI have been on positive territory for 10 consecutive months since January

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Employment declines slightly, underemployment at 15-year low in October

December 5, 2018

The unemployment rate for October slightly increased to 5.1 percent but underemployment hit a 15-year low in October, according to Philippine Statistics Authority ( PSA) Wednesday.   National Statistician Lisa Bersales said unemployment rate was five percent during the same month

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