The Daily Manila Shimbun

 

Century Pacific debuts on FTSE Index

March 13, 2017

Century Pacific Food Inc., the Philippines’ largest canned food company, is set to make its debut on the highly-tracked FTSE   (Financial Times Stock Exchange) Index Series for Asia Pacific ex-Japan. Century Pacific will be added to FTSE Index’s Small

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Stock index finishes  2.05 percent lower

March 10, 2017

Stocks closed lower on Friday, largely pulled down by heavy trading in SM Investments whose price fell by 9.24 percent. The Philippine Stock Exchange index ended 149.18 points lower to settle at 7,146.27 At the broad market, there were 102

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Manufacturing slows down in January

March 10, 2017

The Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries (MISSI) reported Friday Volume of Production Index (VoPI) for manufacturing grew by 9.3 percent in January 2017, slower than the 35.8 percent growth recorded in the same month last year.

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Double-digit export growth spurs rise in Philippine February trade

March 10, 2017

MANILA – Total Philippine trade grew by 14.2 percent in January 2017 backed by the surge in export receipts from most of the country’s traditional markets, according to the National Economic and Development Authority (NEDA) on Friday.   Based on

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Stocks mixed, peso lower

March 9, 2017

Stocks ended mixed on Thursday despite higher volume as the Philippine Stock Exchange index closed 0.89 points up to settle at 7.295.45. In the broader market, there were 105 decliners and 84 gainers, with 44 issues unchanged. Volume reached 5.08

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Stocks flat, peso ends seven centavos lower

March 8, 2017

Stocks closed flat on Wednesday as the index saw marginal gains despite the announcement of an initial public offering by construction firm Wilcon Depot Inc.   The Philippine Stock Exchange index closed 0.04 points to 7, 294.56 points  Volume reached

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Peso up, stocks down as inflation for February rose

March 7, 2017

The peso gained while stocks closed lower as February inflation numbers jumped to a three-year high on Tuesday. The peso closed at P50.27 from Monday’s P50.395 against the US dollar as volume rose at the Philippine Dealing System. Turnover was

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PLDT net income for 2016 down by nine percent to P22.07 billion

March 7, 2017

PLDT Inc.  on Tuesday announced a consolidated core profit of P27.9 billion last year, down by 21 percent due to higher spending to support expansion of its fixed and mobile network. “We faced very tough tests in the past year

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