The Daily Manila Shimbun

 

Inflation slows down to lowest since January 2018

May 7, 2019

Inflation slowed down to 3 percent in April 2019, the lowest since January 2018, the Philippine Statistics Authority ( PSA) said Tuesday. Inflation in March was recorded at 3.3 percent and in April 2018, 4.5 percent, PSA added. ”The slowdown

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Stock index, peso end lower

May 6, 2019

The main Philippine stock index fell by more than one percent, or 105.68 points to 7,862.30 on Monday.  The peso finished at P51.925 against the US dollar from P51.85. Volume at the foreign exchange portal of the Bankers Association of

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S&P rating upgrade marks global confidence in fiscal policies

May 6, 2019

Finance Secretary Carlos Dominguez III has said the recent upgrade by S&P Global Ratings on the Philippines’ credit standing signals international confidence in the Duterte administration’s prudent fiscal management and places the country above the ranks of other large and

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Aso urges ADB to end lending to China

May 5, 2019

Nadi, Fiji–Japanese Finance Minister Taro Aso called on the Asian Development Bank on Saturday to realize China’s “graduation” from its lending promptly. The regional lender for developing countries “should hold substantive discussions on a concrete path toward graduation while prioritizing

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ADB to spend 5 B. dollars on fight against marine waste

May 4, 2019

Nadi, Fiji–The Asian Development Bank has announced plans to spend 5 billion dollars, including through syndicated loans, in 2019-2024 to help the Asia-Pacific region tackle plastic waste and other forms of marine pollution. The Manila-based ADB also plans to support

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Stock index lower, peso slightly higher

May 3, 2019

Philippine stocks reversed course, with the main index closing below 8,000 points but the peso settled slightly higher against the US dollar on Friday. The peso ended at P51.85 from Thursday’s P51.87. Volume at the foreign exchange portal of the

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Stock index, peso climb

May 2, 2019

The main stock index and the peso gained on Thursday following a trading holiday due to Labor Day. The peso closed at P51.87 against the US dollar from P52.105 on Tuesday. Volume at the foreign exchange portal of the Bankers

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Stock index ends higher

April 30, 2019

The main stock index ended higher while the peso finished flat against the US dollar on Monday, a day before Labor Day holiday. The peso ended at P52.105 against the US dollar from Monday’s P52.11. Volume at the foreign exchange

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