PSE index, peso up
March 7, 2019
The Philippine share index and the peso ended higher on Thursday. The peso closed at P52.165 against the US dollar, up from Wednesday’s P52.24. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.31 billion
PLDT reports 44 percent hike in 2018 net income
March 7, 2019
PLDT Inc. on Thursday reported a 44 percent increase in net income in 2018, boosted by higher sales from its business segments last recorded in 2014. The country’s largest telecom company said net income amounted to P19.2 billion last year
Unemployment, underemployment slightly lower in January
March 7, 2019
The unemployment rate in January is estimated at 5.2 percent, down from 5.3 percent during the same time last year, the Philippine Statistics Authority (PSA) said Thursday. Among the regions, National Capital Region (6.4 percent), Autonomous Region in Muslim Mindanao
PSE index surges, peso gains
March 6, 2019
The Philippine stock index regained their foothold in a key level while the peso recovered against the US dollar on Wednesday. The peso closed at P52.165, up from Tuesday’s P52.24. Volume at the foreign exchange portal of the Bankers Association
BSP welcomes appointment of Diokno
March 6, 2019
The Bangko Sentral ng Pilipinas welcomes and fully supports the appointment by President Rodrigo Roa Duterte of Secretary Benjamin Diokno as governor and chairman of the Monetary Board. In a statement Wednesday, BSP Officer-in-Charge Cyd Tuano-Amador said that as the
February Inflation declined to 3.8% from 4.4% in January
March 5, 2019
February inflation went down to 3.8 percent from 4.4 percent a month ago, the Philippine Statistics Authority (PSA) said Tuesday. The figure matched that of February 2018, the PSA said. The figure is within the government’s target range of three
Philippines slips on global ranking on women in business
March 4, 2019
The Philippines’ global ranking on women in business went down to fifth place in the 2019 Women in Business report by Grant Thornton International Ltd from first place in 2018. Even though the country ranked first in Asia,
PSE index ends higher
March 4, 2019
The Philippine Stock Exchange index closed higher while ended slightly lower on Monday. The index finished at 7, 675.47 points, up 33.70. In the broader market, there were 103 decliners and 94 gainers while 52 shares were unchanged. Volume reached
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