The Daily Manila Shimbun

 

March foreign portfolio investments result in net outflows: BSP

April 17, 2019

Foreign portfolio investment transactions resulted in net outflows in March, the Bangko Sentral ng Pilipinas (BSP) said Wednesday. Transactions for the month yielded net outflows of $739 million, resulting from gross outflows of $2.5 billion and gross inflows of $1.7

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Provisions in PHL-China loan accords standard in all other agreements: DOF

April 17, 2019

Provisions in the loan agreements entered into by the Philippines with China are standard in all loan accords signed by the country with other states and even with multilateral institutions such the World Bank and the Asian Development Bank (ADB),

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Share index up, peso declines

April 16, 2019

The main share index rose but the peso declined against the US dollar on Tuesday. The peso closed at P51.765 against the US dollar from Monday’s P51.64. Volume at the foreign exchange portal of the Bankers Association of the Philippines

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No takeover of Philippine assets in China loans, say DOF execs

April 16, 2019

The Department of Finance (DOF) has allayed misapprehensions over a possible Chinese takeover of the Philippines’ patrimonial assets. ”There is no provision in the loan agreements signed between the two countries under the Duterte presidency that includes any form of

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Stock index down, peso hits P51.64:$1

April 15, 2019

The main Philippine share index declined but the peso gained against the US dollar on Monday. The peso finished at P51.64 from Friday’s P51.765. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $581

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Dominguez urges ASEAN to share efforts in foiling global terrorism financing schemes

April 14, 2019

The Philippines has underscored the need for member-states of the Association of Southeast Asian Nations (ASEAN) to share efforts and initiatives in deterring money laundering schemes, which have been proven to be among the primary tools to fund international terrorist

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PAL Holdings report 38.3% fall in net losses in 2018

April 14, 2019

PAL Holdings Inc. reported a 38.3 percent drop in net losses last year on higher passenger and cargo revenues. The parent firm of Philippine Airlines (PAL) posted a comprehensive net loss of P2.8 billion in 2018 from P4.6 billion losses

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DA to lobby Japan to lift stricter tests for chemical residue on bananas

April 13, 2019

Agriculture Secretary Emmanuel Piñol will lead efforts to lobby the Japanese government to lift stricter tests for chemical residue and ensure faster access of Philippine banana exports to Japan. Piñol said he will handle the request by the Pilipino Banana

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