Japan big manufacturers’ sentiment worsens: BOJ March tankan
April 1, 2019
Tokyo–Business sentiment among large manufacturers in Japan deteriorated over the last quarter, the Bank of Japan’s “tankan” quarterly survey for March showed Monday. The headline diffusion index for large manufacturers’ current business conditions stood at plus 12, down from the
Dominguez: We won’t fall into debt trap
March 31, 2019
Finance Secretary Carlos Dominguez III has reassured the public that the Philippines will not fall into a “debt trap” to any other country as the government expands its infrastructure investments through concessional loan financing from its development partners. Dominguez, at
16th US Death Confirmed in Takata Air Bag Rupture
March 30, 2019
New York- Honda Motor Co. said Friday it has confirmed the 16th death in the United States linked to a defective air bag made by Japanese manufacturer Takata Corp. The death of the driver of a 2002 Honda Civic in
Residential real estate prices edge slightly higher in fourth quarter 2018 : BSP
March 29, 2019
Residential real estate prices slightly rose by 0.5 percent year-on-year in Q4 2018 as the Residential Real Estate Price Index increased to 118 from 117.4 for the same quarter a year ago, the Bangko Sentral ng Pilipinas (BSP) said Friday.
Stocks, peso close higher
March 29, 2019
Philippine stocks and the peso ended higher on Friday. The Philippine Stock Exchange ( PSE) index settled at 7,920.93, up 44.53 points. In the broader market, there were 112 decliners, 97 gainers while 35 shares were unchanged. The peso closed
Domestic liquidity growth slows down in February: BSP
March 29, 2019
Preliminary data showed domestic liquidity (M3) grew by 7.1 percent year-on-year to about ₱11.5 trillion in February, the Bangko Sentral ng Pilipinas ( BSP) said Friday. This was slower than the revised 7.7-percent expansion in January. On a month-on-month seasonally-adjusted
Bank lending slows down in February: BSP
March 29, 2019
Outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the BSP, grew at a slower rate of 13.7 percent in February from 15.3 percent in January, the Bangko Sentral ng Pilipinas (BSP) said Friday. Likewise,
Gov’t could not spend P43.7-B in Jan-Feb period due to Senate-House budget deadlock
March 29, 2019
The delay in the implementation of the 2019 General Appropriations Act (GAA) bya three-month deadlock between the two chambers of Congress over the final version of this budget bill, has prevented the Duterte administration from spending P43.7 billion on its
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