The Daily Manila Shimbun

 

PSE index, peso vs US dollar decline

August 14, 2019

The main Philippine share index declined on Tuesday. The peso closed at P52.46 against the US dollar from P51.88 on Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.209 billion from $914.71 million.

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Cebu Air net income surges 115.7% in first quarter

August 13, 2019

Cebu Air Inc., operator of Cebu Pacific and Cebgo, said Tuesday net income surged by 115.7 percent in the first quarter on higher passenger and cargo revenues. The Gokongwei-led airline carrier posted a net income of P7.14 billion in the

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PSE index down, peso gains vs US dollar

August 9, 2019

The main Philippine share index closed lower but the peso gained against the US dollar  on Friday. The peso settled at P51.88 from P52.04 on Thursday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached

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PSE index flat, peso gains vs US dollar

August 8, 2019

The main Philippine stock index ended flat but the peso gained against the US dollar on Thursday as the government reported lower second quarter growth. The peso finished at P52.04 from P52.32 on Wednesday. Volume at the foreign exchange portal

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Philippine economy slows to 5.5% in Q2

August 8, 2019

The Philippine economy grew 5.5 percent in the second quarter, the lowest growth out turn in four years, Socioeconomic Planning Secretary Ernesto Pernia said on Thursday. The April to June gross domestic product growth was lower than the 6.2 percent

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Economy grew 5.5%, slowest in 17 quarters

August 8, 2019

The Philippine economy grew at its slowest pace in four years, the Philippine Statistics Authority ( PSA) said Thursday. Gross domestic product grew 5.5 percent compared for the first quarter’s 5.6 percent. Socioeconomic Planning Secretary Ernesto Pernia said growth lagged

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PSE index up, peso dips vs US dollar

August 7, 2019

The main Philippine stock index rose but the peso declined against the US dollar on Wednesday, a day before the government announces second quarter growth figures. The peso finished at P52.32 from Tuesday’s P51.995. Volume at the foreign exchange portal

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Gross international reserves rose to $85.18 billion in July

August 7, 2019

Preliminary data showed that gross international reserves (GIR) rose by $0.25 billion to $85.18 billion as of end-July from $84.93 billion as of end-June.  This was announced by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno Wednesday. The month-on-month increase

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