The Daily Manila Shimbun

 

Stocks lower, peso gains

August 1, 2017

Stocks closed lower on Tuesday with the main index finishing more than one percent The Philippine Stock Exchange index ended 111.45 points down to 7,906.60. In the broader market, there are 114 decliners, 86 gainers and 45 unchanged. Volume reached

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Philippine services trade, income balances continue to improve: DOF

August 1, 2017

The ratio between the economy and net value of services and compensations paid by foreign enterprises to Filipinos rose in the first-quarter, the finance department said in a statement Tuesday, Based on Finance Undersecretary Gil Beltran’s latest economic bulletin, services

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DBCC assures House of gov’t commitment to fiscal stability

August 1, 2017

The country’s economic managers assured lawmakers Tuesday of the Duterte administration’s firm commitment to fiscal stability, which it aims to sustain through reforms in tax policy and administration, a manageable budget deficit and a prudent borrowing policy that favors domestic,

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Stocks lower after last week’s high

July 31, 2017

Stocks closed lower on Monday after the key index soared to year’s high last week. The Philippine Stock Exchange index shed 53.42 points to 8,018.05. In the broader market, there were 129 decliners, 74 gainers and 53 unchanged. Volume reached

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Manila Water foreign currency tariff differential adjustments to adjusted to 96 centavo per cubic meter   

July 31, 2017

Manila Water Co will have a foreign currency differential adjustment of 3.92 percent of the basic charge or 96 centavo per cubic meter, the firm disclosed before the Philippine Stock Exchange Monday. “The adjustment is based on the exchange rates

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Inflation likely dips anew in July: finance department

July 31, 2017

Prices of widely-used goods and services likely dipped anew last month owing to stable food prices and lower electricity rates, the latest estimate of the Department of Finance (DOF) said Monday. Based on the DOF’s Economic Bulletin dated July 26,

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Philippine stock index  finish below 8,100 points

Philippine stock index finish below 8,100 points

July 28, 2017

The Philippine Stock Exchange closed at 8,045.78 points, after going past the 8,100 mark twice on Thursday. The index stood 26 points short of the all-time high of 8,127.48 at 10:30 am, or one hour after the market opened. After

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Stocks slightly higher, peso rallies to P50.54:$1

July 25, 2017

Stocks closed slightly higher on Tuesday despite a downturn in some mining issues after President Rodrigo Duterte told mining companies he would tax them to death if they didn’t pay attention to environmental concerns. The Philippine Stock Index closed 9.08

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