PSE index down despite surge in Holcim price
May 10, 2019
The Philippine Stock Exchange index declined on Friday despite a surge in the price of Holcim Philippines, which is being acquired by San Miguel Corp. The index closed at 7,742.20 points, down 13.42 points. In the broader market, there were
Philippines issues 8-year euro-dominated global bonds
May 10, 2019
The Philippines returned to the international capital markets with its offering of 750 million euros of 8-year global bonds, the Department of Finance ( DOF) said Friday. The bonds are expected to be rated Baa2 by Moody’s, BBB+ by Standard
Stock index, peso down
May 9, 2019
Stocks and the peso fell on Thursday as Philippine first quarter came in at its lowest in four years. The Philippine Stock Exchange ( PSE) index finished 171.07 points lower to P7,755.62. In the broader market, there were 109 decliners,
BSP cuts policy rates by 25 basis points to 4.5%
May 9, 2019
The Bangko Sentral ng Pilipinas ( BSP) reduced interest rate on its overnight reverse repurchase facility by 25 basis points to 4.5 percent effective Friday. The interest rates on the overnight lending and deposit facilities were reduced accordingly. BSP Governor
AC Health to build first comprehensive cancer specialty hospital
May 9, 2019
AC Health said Wednesday it intends to build the first dedicated cancer specialty hospital in the Philippines. The stand-alone Cancer Hospital, to be built with an investment of approximately P2 billion, is envisioned to be a fully integrated, 100-bed facility
Philippine GDP slows down to 5.6% due to re-enacted budget
May 9, 2019
The Philippine economy slowed down to 5.6 percent in the first quarter of this year due to the delay on the passage of the 2019 budget, the government’s top economist said on Thursday. The latest gross domestic product (GDP) growth
Taxpayers reap P111.7b cash windfall from income tax cuts: DOF
May 9, 2019
Filipino taxpayers have reaped a cash bonanza of P111.7 billion in personal income tax cuts in 2018 with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, the first package of the Duterte administration’s Comprehensive Tax Reform
Dominguez sees higher GDP growth following 2019 budget OK
May 9, 2019
Finance Secretary Carlos Dominguez III expects the domestic economy to expand at a higher clip for the rest of the year as inflation heads towards the official target range of 2-4 percent and the government speeds up implementation of infrastructure
Latest Videos
- GEORGE SOROS BLASTED THE U S FOR SUPPORTING ISRAEL ON NOT WORKING WITH HAMAS
- WIKILEAKS REVELATIONS SHOW U S ‘IGNORED’ TORTURE FROM THE WAR IN IRAQ
- THE ROOTS OF THE ISRAEL PALESTINE CONFLICT
- TUCKER CARLSON QUESTIONS U.S SUPPORT FOR ISRAEL WAR
- RFK Jr TO RUN FOR PRESIDENT AS INDEPENDENT, DECLARING INDEPENDENCE FROM THE TWO POLITICAL PARTIES
- JAPANESE VIROLOGIST SAYS OMICRON MAY HAVE BEEN MANUFACTURED
- JAPANESE VIEW & FILIPINO BEAUTY
