Razon group eyes water supply facility at Wawa catchment area
March 24, 2019
The Enrique Razon-led Prime Infra, through partnership with San Lorenzo Ruiz Builders and Developers Group is eyeing to develop a water supply facility of over 500 million liters per day at the Wawa catchment area traversing the municipality of Rodriguez
Stock index ends above 8,000 points, peso surges
March 22, 2019
The Philippine Stock Exchange index finished above the 8,000-point level while the peso soared 52 centavos against the US dollar to end at P52.32 on Friday. The PSE index settled at 8,013.42 points, up 58.70 points. In the broader market,
Stocks up, peso slightly lower
March 21, 2019
Philippine stocks rose on Thursday as the central bank decided to keep policy rates steady. The peso declined three centavos to end at P52.84 against the US dollar. Volume at the foreign exchange portal of the Bankers Association of the
Stocks slightly up in slim volume
March 20, 2019
Philippine stocks rose in slim turnover on Wednesday a day before a policy-setting meeting under new central bank governor Benjamin Diokno. The peso finished at P52.81 against the US dollar from P52.83. Volume at the foreign exchange portal of the
BOJ Policymakers Cautious about Additional Easing
March 20, 2019
Tokyo- Most Bank of Japan policymakers at a monetary policy meeting in January were cautious about additional easing, minutes of the meeting showed Wednesday. They shared the view that it would be appropriate for the Japanese central bank to tenaciously
Dominguez cites significant progress in China-funded infra projects
March 20, 2019
BEIJING–Finance Secretary Carlos Dominguez III has cited the significant progress made in the implementation of Philippine infrastructure projects funded with Official Development Assistance (ODA) from China. In a courtesy visit to People’s Republic of China Vice President Wang Qishan, Dominguez
Shareholders Sue Suruga Bank President
March 20, 2019
Tokyo- Six shareholders of Suruga Bank on Monday filed a lawsuit against the president of the Japanese regional bank, demanding he pay some 56.5 billion yen in damages to the lender over its fraudulent loans for real estate investment. The
Overall BOP position reverses to a surplus of $467 million in February
March 19, 2019
The overall balance of payments (BOP) yielded a surplus of $467 million in February, a reversal of the $429 million BOP deficit in the same month last year, the Bangko Sentral ng Pilipinas (BSP) said Tuesday. Inflows stemmed mainly from
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