The Daily Manila Shimbun

 

Non-passage of new sin taxes to make UHC “a third-class” law

June 2, 2019

The Universal Health Care (UHC) Act will be downgraded from being a first-class law to a third-rate one, with its implementation either failing to equitably serve all Filipinos or its benefits severely limited, if the outgoing Congress is unsuccessful in

READ MORE

Bank lending grew in April: BSP

June 1, 2019

Preliminary data show that outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas (BSP), grew at a slightly slower rate of 12.7 percent in April from 12.9 percent (revised) in

READ MORE

PSE index, peso end second quarter higher

May 31, 2019

The main share index ended higher on Friday, the final trading day of the second quarter. The peso closed P 52.16 against the US dollar from P 52.19 on Thursday. Volume at the foreign exchange portal of the Bankers Association

READ MORE

Philippines, Japan to explore peso-yen direct trading framework

May 31, 2019

Bangko Sentral ng Pilipinas Gov. Benjamin Diokno and Minister Taro Aso, the Ministry of Finance of Japan signed Friday a Letter of Intent signifying the mutual interest of the BSP and JMOF to explore the establishment of a Japanese Yen

READ MORE

PSE index, peso gain

May 30, 2019

The main share index rose and the peso gained against the US dollar on Thursday. The peso finished at P52.19 from Wednesday’s P52.35. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $892.15 million

READ MORE

INTERVIEW: Keidanren to launch new group for digitization

May 30, 2019

Tokyo–The Japan Business Federation (Keidanren), the country’s biggest body of employers, will establish a new group aimed at dealing with the rapid rise of digital technology around the world, the organization’s Director-General Masakazu Kubota said in a recent interview. The

READ MORE

Stock market accounts breach the one million mark

May 30, 2019

The number of stock market accounts broke past the one million mark based on the 2018 Stock Market Investor Profile report of The Philippine Stock Exchange, Inc. (PSE). Total stock market accounts reached 1,089,443, up by 25.4 percent from the

READ MORE

U.S. keeps Japan, China on Forex monitoring list

May 29, 2019

Washington–The U.S. Treasury Department said in a semiannual report Tuesday that it has kept Japan and China, both running major trade surpluses with the United States, on its “Monitoring List” over their foreign exchange policies. With the designation, the U.S.

READ MORE