7th high-level PHL-Japan infra meeting set in Osaka
February 20, 2019
Philippine and Japanese officials are set to meet in Osaka, Japan this Thursday to discuss ways of expanding economic cooperation between their two countries, particularly on infrastructure development and on peace-building initiatives for Mindanao. Finance Secretary Carlos Dominguez III will head the
PSE index down, peso gains vs US dollar
February 19, 2019
The Philippine Stock Exchange (PSE) index lost ground but the peso gained against the US dollar on Tuesday. The PSE index closed at 7,833.75 points, down 76.83 points. In the broader market, there were 132 decliners, 84 gainers and 39
Overall BOP position $2.7b surplus in January 2019
February 19, 2019
The country’s overall balance of payments (BOP) position yielded a surplus of $2.7 billion in January, a reversal of the $531 million BOP deficit in January 2018, the Bangko Sentral ng Pilipinas (BSP) said Tuesday. Inflows in January stemmed from
PSE index gains but ends short of 8,000 points
February 18, 2019
The Philippine Stock Exchange (PSE) index closed higher but still short of the 8,000-point mark on Monday. The PSE index ended at 7,971.33 points, up 62.44 points. In the broader market, there were 114 decliners and 97 gainers while 39
PSE index loses steam in homestretch
February 15, 2019
The Philippine Stock Exchange (PSE) index declined in the last hour of trading on Friday. The PSE index ended at 7,908.89, down 82.36 points. In the broader market, there were 127 decliners, 82 gainers while 46 shares were unchanged. Volume
2020 Tokyo Games’ ceremonies may cost 13 B. Yen
February 15, 2019
Tokyo–The 2020 Tokyo Olympic and Paralympic organizing committee on Friday agreed to raise the cap on the costs for the games’ opening and closing ceremonies to 13 billion yen from 9.1 billion yen. The committee examined an outline of the
PSE index higher but short of 8,000 points
February 14, 2019
The Philippine Stock Exchange index ended higher but fell short of regaining the 8,000-point level on Thursday. The PSE index gained 71.01 points to 7,991.25. In the broader market, there were 115 gainers, 92 decliners while 39 shares were unchanged.
Foreign portfolio investment transactions yield net inflows in January
February 14, 2019
Registered investments for January amounted to $2.1 billion, increasing by 30.5 percent compared to $1.6 billion inflows for December 2018, the Bangko Sentral ng Pilipinas (BSP) said Thursday. Inflows grew 27 percent growth relative to levels recorded a year ago
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