The Daily Manila Shimbun

 

November gross international reserves fall to two-year low

December 7, 2017

Gross international reserves fell to its lowest in two years, preliminary data from the Bangko Sentral ng Pilipinas revealed Thursday. In a statement, BSP Officer-in_Charge Chuchi Fonacier said gross international reserves stood at $80.3 billion as of November. It was

READ MORE

Inflation 10-month average lower than 7-year average: DOF

December 7, 2017

Inflation remains at a comfortable level as its average of 3.13 percent from January to October is lower than the annual average of 3.16 percent for the last seven years, Finance Undersecretary Gil Beltran said in a statement on Thursday.

READ MORE

Gov’t spending jumps by 28% in October: DBM

December 6, 2017

National government disbursements posted a 28.2 percent increase in the month of October, the highest growth recorded so far in the year, as spending reached P226.9 billion, the Department of Budget and Management (DBM) said in a statement Wednesday. This

READ MORE

Dominguez orders Lapeña to verify import-export data gap with China

December 6, 2017

Finance Secretary Carlos Dominguez III has ordered Customs Commissioner Isidro Lapeña to meet “right away” with his counterpart   in the Chinese government to check the narrowing but still significant gap between that country’s registered export volumes to the Philippines and import figures

READ MORE

ADB hikes assistance to Philippine infra investments in 2018-2020

December 5, 2017

The Asian Development Bank (ADB) has increased available funding for the Philippines’ infrastructure-related investments from 34 percent of actual lending approvals covering the 2011-2016 period to 48 percent over the next three years. On top of these available funds under the

READ MORE

Inflation declined in November after rising for four months

December 5, 2017

Lower food prices slowed inflation in November 2017 following four consecutive months of acceleration, the National Economic and Development Authority (NEDA) said Tuesday. Based on a report of NEDA-attached agency Philippine Statistics Authority (PSA), headline inflation rate for November reached

READ MORE

Stocks, peso end lower

December 4, 2017

Stocks cut early losses but still ended lower while the peso slipped to its lowest in nearly two months on Monday. The Philippine Stock Exchange index finished 59.57 points lower to 8,084.45. In the broader market, there were 119 decliners,

READ MORE

Brazil Coffee Arabica

December 4, 2017

BRAZIL- A farmer harvests coffee beans on his family farm located in Forquilha do Rio, municipality of Dores do Rio Preto, Espirito Santo, Brazil, on November 23, 2017. At an altitude of 1,180 meters on the flanks of the Caparao

READ MORE