The Daily Manila Shimbun

 

Stocks end flat, peso declines

January 16, 2017

Stocks closed virtually unchanged in slim volume on Monday as the market waits for the inauguration of US President Donald Trump this week. The Philippine Stock Exchange index closed 0.07 points lower to 7,238.45. Volume reached 3.19 billion shares worth

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Philippines can’t sustain above 6% GDP growth without tax reform: Dominguez  

January 16, 2017

The Philippines would be hard put to sustain  gross domestic product (GDP)  growth above 6 percent  without a big infrastructure buildup funded mainly via tax reform, the Department of Finance (DOF) said. Finance Secretary Carlos Dominguez III  said without tax

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Personal remittances up in November  

January 16, 2017

Personal remittances from overseas Filipino workers rebounded in November mainly due to more transfers from land-based workers with employment contracts of one year or more,  the central bank said Monday. The central bank said workers remitted $2.4 billion, up 18.4

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ICTSI Manila hits shipping  milestone

January 16, 2017

The Manila International Container Terminal (MICT), International Container Terminal Services, Inc.’s (ICTSI) flagship operation and the Philippines’ largest, most technologically advanced container terminal, capped 2016 with a milestone as it reached its first year-to-date two millionth twenty-foot equivalent units (TEU)

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Metro Pacific says it still keen on contract to operative five regional airports despite changes in terms   

January 15, 2017

Metro Pacific Investments Corp. said it remains keen on a contract to operate and maintain five regional airports despite changes in terms. “It looks like its a major change from what it was. But we will still look at it,”

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Philippines wants to channel 1 trillion yen ODA to Mindanao, northern areas: official

January 15, 2017

The Philippine government wants to allocate Japan’s one trillion yen or about $9-billion pledge of assistance to projects that will bring development in Mindanao and northern part of Luzon, an official said. In a press conference in Davao City on

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Philippines renews calls to Japanese firms to invest

January 13, 2017

DAVAO CITY- Philippine officials renewed on Friday their call to the Japanese locators to invest in the country, including Mindanao. In a business forum in Waterfront Insular Hotel , Trade and Industry Secretary Ramon Lopez cited several opportunities for investors

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Stocks dip for the third session

January 13, 2017

Stocks closed lower for the third straight session on Friday as the Philippine Stock Exchange Index closed 26.03 points down to  end 7,238.52 points. Volume was  1.43 billion  shares valued at P5.37 billion from Thursday’s  turnover of 2.68 billion shares

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