Cebu Pacific cutting May flights, won’t affect profitability
April 30, 2019
Cebu Pacific on Tuesday said flight cancellations would not have significant impact on its operations and profitability. Cebu Pacific said it will be reducing about 10 flights a day out of a daily operations of 400 flights for May. The
BSP sees inflation between 2.7%-3.5% in April
April 30, 2019
The Bangko Sentral ng Pilipinas ( BSP) sees April inflation ranging between 2.7-3.5 percent, which is the government target for 2019. “Higher domestic oil prices and the slight upward adjustment in electricity rates are seen to provide upside price pressures
Stocks, peso end higher
April 29, 2019
Philippine stocks and the peso closed higher on Monday. The peso settled at P52.11 against the US dollar from Friday’s P52.18. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $957.02 million from the previous
World Bank to act on PHL call for closer coordination with ADB – DOF
April 28, 2019
The World Bank has responded positively to the Philippines’ call for the institution to closely coordinate its efforts and explore complementarities with the Asian Development Bank (ADB) to more efficiently and effectively deliver development assistance and aid to countries in
Stocks, peso finish lower
April 26, 2019
Philippine stocks and the peso ended lower on Friday. The peso closed at P52.18 against the US dollar, down four centavos from Thursday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $787.81 million from
Stocks, peso finish higher
April 25, 2019
Philippine stocks and the peso closed higher on Thursday. The peso gained nine centavos to end at P52.14 against the US dollar. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $961 million from Wednesday’s
Philippines-Taiwan mutual economic ties remain strong
April 25, 2019
The Philippines continues to be a major source of manpower for Taiwan’s electronics industry. This is according to Kristy Hsu, director of the Taiwan ASEAN Studies Center at the Chung Hua Institution for Economic Research (CHIER), during a recent public
NCR accounted for 36 percent share in 2018 GDP growth: PSA
April 25, 2019
Economies of 17 regions in the country grew in 2018 with National Capital Region accounting for a third of activity . According to the Philippine Statistics Authority ( PSA) Thursday, NCR accounted for the largest share of the Philippines’ Gross
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