Nissan needs to reapply for U.K. Financial Aid: Minister
February 5, 2019
London–Nissan Motor Co. needs to make a fresh application if it seeks to receive financial aid from Britain’s government now that the firm has decided to scrap its plan to make an SUV model in the country, a British minister
BSP expects inflation to go down further in 2019 and 2020
February 5, 2019
The Bangko Sentral ng Pilipinas (BSP) said Tuesday the January inflation figures follow a path where it is projected to go down further in 2019 to 2020. The Philippine Statistics Authority (PSA) announced that January inflation reached 4.4 percent, down
January inflation at 4.4% from 5.1% in December
February 5, 2019
January inflation moved at a slower pace of 4.4 percent, down from 5.1 percent in December, the Philippine Statistics Authority (PSA) said Tuesday On a year-ago basis, it was 3.4 percent in January 2017. The decline in inflation ”was primarily
Stock index ends lower
February 4, 2019
Philippine stocks closed lower on Monday, as the main index fell by nearly one percent. The Philippine Stock Exchange (PSE) index finished at 8,069.48 points, down 74.68 points. But, in the broader market, there were 124 gainers,m 83 decliners and
DOF okays cut in customers’ withholding tax on Meralco refunds to 15%
February 4, 2019
Finance Secretary Carlos Dominguez III has approved a revenue regulation reducing by almost half the 25 to 32 percent creditable withholding tax on the refund due customers of the Manila Electric Company (Meralco) to a flat 15 percent as provided under
MARKET EYES: Japanese brokers jittery over 10-day holiday
February 3, 2019
Tokyo–Japanese brokers are jittery over possible wild swings in domestic stocks after an unprecedented 10-day holiday break from late April, during which the Imperial succession is slated to take place. The Tokyo Stock Exchange and other stock markets in Japan
Improper retail price surveys come to light
February 1, 2019
Tokyo–Japan’s internal affairs ministry said Friday that improper survey methods have been taken to compile retail price statistics, one of the country’s key economic data. Prefectural governments across the country conduct on-site surveys on retail prices for some 500 goods
PSE index ends week above 8,100 points
February 1, 2019
Philippine stocks ended the week on strong note on Friday as the main share index closed 1.71 percent higher. The Philippine Stock Exchange index settled at 8, 144.16 points, up 136.68 points. In the broader market, there were 171 gainers,
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