Peso closes at P48.08:$1, PSEi ends below 7,000
January 26, 2021
The Philippine peso closed at P48.08 against the US dollar Tuesday from P48.079 on Monday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.014 billion from the previous day’s $763.05 million. The Philippine Stock
Peso closes at P48.054 vs US dollar
January 21, 2021
The peso closed at P48.054 against the US dollar on Thursday from P48.06 on Wednesday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $599.4 million from $727.5 million on the previous day. The Philippine
Duterte maintains 5 percent tariff on deboned poultry meat until Dec. 2022
January 18, 2021
President Rodrigo Duterte has issued an executive order maintaining the 5 percent rates of duty on mechanically deboned meat of chicken and turkey, among others, until the end of 2022. EO No. 123, which Duterte signed on January 15, said
Diokno assigns Dakila as central bank OIC
January 18, 2021
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno has designated BSP Deputy Governor Francisco Dakila, Jr. as officer-in-charge of the BSP while he recovers from a medical procedure performed Sunday. Diokno on medical leave after undergoing a successful procedure to
Business registration increases despite pandemic, says DTI chief
January 15, 2021
The Department of Trade and Industry has recorded a surge in the number of businesses registering despite the coronavirus disease last year, an official said on Friday. This as Trade Secretary Ramon Lopez expressed optimism that more businesses will open
DTI pushes for further open the economy by lowering age restriction of who should stay home
January 15, 2021
Trade Secretary Ramon Lopez expressed hope on Friday to further open up the economy by lowering the age restriction of those who should stay at home. In the “Laging Handa” public briefing, Lopez suggested that the age limit of those
Peso ends at P48.10:$1, PSEi surge loses steam
January 11, 2021
The Philippine peso closed at P48.10 against the US dollar from P48.088 on Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $451.2 million from $727.37 million on Friday. The Philippine Stock Exchange index
Gov’t to disprove Moody’s forecast of Philippines likely to be last country in Asia Pacific to fully recover
January 8, 2021
The Philippine government would “disprove” the forecast of Moody’s Analytics that the country is likely to be the last country in Asia Pacific to fully recover from recession due to coronavirus pandemic, Malacanang said. Presidential Spokesperson Harry Roque said the
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