The Daily Manila Shimbun

 

FDI post $586 million net inflows in March, down 13.9% from year ago

June 10, 2019

Foreign direct investments (FDI) posted $586 million net inflows in March , which is lower by 13.9 percent than the $681 million registered in the comparable period last year, the Bangko Sentral ng Pilipinas (BSP) said Monday. This developed on

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8th Philippines-Japan infra meeting set in Clark this June

June 9, 2019

High-level Philippine and Japanese officials are set to resume discussions on the progress of Japan-funded infrastructure projects under the “Build, Build, Build” program and other areas of economic cooperation between Manila and Tokyo when they meet this month at the New Clark

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Stock index falls short of 8,000-point mark

June 7, 2019

Philippine stocks ended higher on Friday but the main index failed to hit the 8,000-point mark despite gaining for the day. The peso ended at P52.04 against the US dollar, down from P51.74 on Thursday. Volume at the foreign exchange

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Peso surges to P51.74:$1

June 6, 2019

The peso surged to P51.74 against the US dollar on Thursday from P51.91 after a one-day holiday to celebrate the end of Ramadan, Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $714,4 million from

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World Bank exec lauds PHL’s ‘proactive, forward-looking’ tax reform program

June 6, 2019

A top World Bank official has lauded the Duterte administration for implementing a “proactive and forward-looking” comprehensive tax reform program (CTRP) that aims to raise enough funds for two priority programs that lay the foundation for long-term, high growth, the

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May inflation rate falls within gov’t target range of 2-4%: BSP

June 5, 2019

Headline inflation increased to 3.2 percent year-on-year in May from 3.0 percent in the previous month, but resulting year-to-date average of 3.6 percent remains within the government’s inflation target range of 3 percent, the Bangko Sentral ng Pilipinas ( BSP)

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Stock index down, peso gains vs US dollar

June 5, 2019

Philippine stocks ended lower on Tuesday as the main index shed its gains the previous day to close below the 8,000-point level. But the peso gained with P51.78 from Monday’s P51.91. Volume at the foreign exchange portal of the Bankers

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Stock index breaks 8,000 point mark, peso surges

June 3, 2019

Philippine shares rose while the peso gained against the US dollar on Monday, the first trading day of June. The peso closed at P51.91 from Friday’s P52.16. Volume at the foreign exchange portal of the Bankers Association of the Philippines

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