The Daily Manila Shimbun

 

ADB annual operations top $30 billion for first time

ADB annual operations top $30 billion for first time

April 25, 2017

The Asian Development Bank’s (ADB) annual operations exceeded the $30 billion mark for the first time in its 50-year history in 2016r as regional demand for development finance and knowledge — particularly on infrastructure — continues to grow, according to

READ MORE

DOF, DOH ink pact on Chinese grant for drug rehab/rehabilitation facilities

DOF, DOH ink pact on Chinese grant for drug rehab/rehabilitation facilities

April 25, 2017

The departments of finance and of health have signed a memorandum of agreement (MOA) on the construction of drug rehabilitation facilities to be funded by a RMB 50-million yuan grant from China. The RMB 50-millionyuan aid, equivalent to $7.5 million,

READ MORE

Stocks mixed, peso slightly lower 

Stocks mixed, peso slightly lower 

April 24, 2017

Stocks finished mixed on Monday as the index gained but the broader market showed a decline. The Philippine Stock Exchange index rose 10.72 points to end at 7,.588.88. In the broader market, there were 109 losers, 84 gainers and 52

READ MORE

SMIC acquires 61.21 % of dormitory buildings operator

April 24, 2017

SM Investments Corp. said it has acquired 61.21 percent of Philippines Urban Living Solutions, which operates dormitory buildings under the My Town brand. In a disclosure to the Philippine Stock Exchange on Monday, SM Investments Corp.said the acquisition, done on

READ MORE

DOF execs attending World Bank spring meeting

DOF execs attending World Bank spring meeting

April 23, 2017

Key officials of the Department of Finance (DOF) are attending the annual spring meetings of the World Bank this month in Washington DC to discuss with global investors, credit rating agencies and representatives of other countries bright economic prospects for

READ MORE

Stocks, peso gain

April 21, 2017

Stocks closed higher on Friday, as the Philippine Stock Exchange closed 14.71 points higher to 7,578.16 points. In the broader market, there were 107 gainers compared to 88 decliners with 44 issues unchanged. Japanese stock brokerage firm Daiwa bought a

READ MORE

Stocks higher, peso declines

Stocks higher, peso declines

April 20, 2017

Stocks closed higher on Thursday, as the Philippine Stock Exchange index finished 40.47 points up at 7,563.45. At the broader market, there were 96 decliners and 94 gainers, with 43 unchanged. Volume reached one billion shares valued at P5.94 billion.

READ MORE

Net outflows of foreign portfolio investments slightly higher in March

Net outflows of foreign portfolio investments slightly higher in March

April 20, 2017

Foreign portfolio investments transactions for March 2017 resulted in overall net outflows of $460 million, slightly higher than the $409 million net outflows recorded in February 2017, a statement by the Bangko Sentral ng Pilipinas (BSP) said Thursday. Registered foreign

READ MORE