The Daily Manila Shimbun

 

Manufacturing index declines in May

July 5, 2019

The Philippine Statistics Authority (PSA) said Friday manufacturing production continued to decline in May. Year-on-year growth of the Volume of Production Index (VoPI) decreased by 4 percent while the Value of Production Index (VaPI) contracted by 2.1 percent. “Despite these

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End-June GIR level rose to $85.38 billion  

July 5, 2019

Preliminary data showed  gross international reserves (GIR) rose by $0.02 billion to $85.38 billion as of end-June from $85.36 billion as of end-May. This was announced by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno Friday The month-on-month increase in GIR was

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Abe defends BOJ’s monetary policy

July 4, 2019

Tokyo–Japanese Prime Minister Shinzo Abe Wednesday defended the Bank of Japan’s massive monetary easing policy. The central bank’s monetary policy is “not a failure,” Abe said at a debate among political party leaders at the Japan National Press Club. “The

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PSE index flat, peso ends slightly lower vs US dollar

July 3, 2019

The main Philippine stock index ended flat while the peso declined against the US dollar on Wednesday. The peso settled at P51.16 from Tuesday’s P51.11. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $924.2

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Stock index up, peso retreats vs US dollar

July 2, 2019

The main Philippine stock index ended higher but the peso retreated against the US dollar on Tuesday. The peso closed at P51.11 from Monday’s P51.05. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $931.4

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Dominguez lays down five top economic priorities

July 1, 2019

Finance Secretary Carlos Dominguez III said in a pre-SONA (State of the Nation Address) on Monday the economic team has five major priorities under the next three years of the Duterte administration.  Dominguez said the top priority is the fast-tracking

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PSE up, peso surges to P51.05 vs US dollar

July 1, 2019

The main Philippine stock index gained and the peso surged against the US dollar on Monday. The peso closed at P51.05 from Friday’s P51.24. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $870.2 million

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EEI Corp. inks partnership with Japanese firms

July 1, 2019

EEI Corporation, the 88-year old construction arm of the Yuchengco Group of Companies, inked a partnership agreement with Showa Leasing Co., Ltd. of the Shinsei Bank Group, Japan, and Saiga Co., Ltd., Japan. EEI Corp. announced this in a disclosure

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