The Daily Manila Shimbun

 

Stocks recover from big fall  

January 18, 2017

Equities bounced back on Wednesday as the Philippine Stock Exchange index closed 33.03 points higher to 7, 156.36. On Tuesday, the index settled 1.59 percent lower to 7.123.33 points Volume was lower as turnover reached 1.53 billion shares valued P4.98

READ MORE

Stocks down, peso ends with slim gains 

January 17, 2017

Stocks slumped as the main index closed 1.59 percent lower while the peso finished with slim gains on Tuesday. The Philippine Stock Exchange closed at 7,123.33 points as volume remained low. Turnover reached 2.2 billion shares worth P5.15 billion from

READ MORE

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

READ MORE

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

READ MORE

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

READ MORE

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)

READ MORE

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,”

READ MORE

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

READ MORE