The Daily Manila Shimbun

 

March personal remittances from overseas Filipinos hit record $2.9 billion

March personal remittances from overseas Filipinos hit record $2.9 billion

May 15, 2017

Personal remittances from overseas Filipinos (OFs) grew by 11.8 percent year-on-year, reaching a new record high of $2.9 billion in March 2017, the central bank said in a statement on Monday… This brought the total remittances for the first quarter

READ MORE

Stocks finish lower

May 15, 2017

The Philippine Stock Exchange closed 42.60 points lower to 7,772.93 points on Monday as several blue chip issues declined. Volume reached 1.39 billion shares valued at P7.48 billion. In the broader market, there were 112 losers and 85 gainers while

READ MORE

Stocks pare losses, peso up  

Stocks pare losses, peso up  

May 12, 2017

Stocks rallied after the index fell behind by at least 80 points to close flat on Friday. The Philippine Stock Exchange ended 0.87 points lower to 7,815.53 points. At the broad market there were 124 losers, 81 gainers and 33

READ MORE

Lower mobile phone revenues pull down PLDT first quarter income

May 12, 2017

PLDT Inc. announced on Friday lower net profit in the first quarter mostly due to weak revenues from its mobile phone business. PLDT, partly owned by Hong Kong’s First Pacific Co. Ltd. and Japan’s NTT group, said net income declined

READ MORE

Philippines, Japan officials firm up Tokyo infra commitments

Philippines, Japan officials firm up Tokyo infra commitments

May 12, 2017

Philippine officials and their Japanese counterparts have met in Yokohama, Japan on the sidelines of the recent 50th annual meeting of the Asian Development Bank (ADB) to firm up commitments on projects covered by the one-trillion yen financing package pledged

READ MORE

Slight gains for stocks

Slight gains for stocks

May 11, 2017

Stocks gained slightly on Thursday as the Philippine Stock Exchange rose 22.23 points to 7,816.40. In the broader market, there were 108 gainers, 94 losers and 45 shares unchanged. Volume reached 3.92 billion shares valued at P15.59 billion. Foreign funds

READ MORE

Philippine trade continues growing by double digits

Philippine trade continues growing by double digits

May 11, 2017

The National Economic and Development Authority said trade grew 22.7 percent in March, following notable progress in exports and imports. NEDA-attached agency Philippine Statistics Authority reported total trade grew to $13.5 billion, with imports and exports growing 24 percent and

READ MORE

Stocks retreat, peso weakens slightly

Stocks retreat, peso weakens slightly

May 10, 2017

Stocks retreated further on Wednesday as the Philippine Stock Exchange Index ended 129.23 points lower to 7,794.7 points. In the broader market, decliners reached 133 while gainers were 78. There were 35 issues unchanged. Volume reached 2.88 billion shares valued

READ MORE