Stock index hangs on to 8,000 point level
January 25, 2019
Philippine stocks ended the week lower as the main share index clung to 8,000 points on Friday. But the peso gained to close at P52.535 against the US dollar from P52.86 on Thursday. Volume at the foreign exchange portal of
Palace vows to accelerate aid to agriculture
January 25, 2019
Malacañang vowed on Friday to further strengthen assistance to agriculture after the sector was one of the reasons for slower economic growth last year. “We will strengthen agriculture through more focused assistance, with the end in view of addressing farmers’
Stock index back to 8,000-point mark despite lower growth figures
January 24, 2019
The main stock index returned to the 8,000-point level despite lower growth figures reported by government on Thursday. The Philippine Stock Exchange index closed at 8,014.90, up 75.25 points. In the broader market, there were 120 gainers, 87 decliners and
Abe asks world biz leaders to look forward to future of Japan
January 24, 2019
Davos, Switzerland–Japanese Prime Minister Shinzo Abe on Wednesday asked world business leaders to look forward to the future of the Japanese economy. He made the request at a meeting with Stephen Schwarzman, chief executive officer of U.S. investment firm Blackstone,
Philippines misses growth target, with GDP expanding by 6.2% in 2018
January 24, 2019
The Philippine economy grew 6.2 percent in 2018, missing the government’s revised target of 6.5-6.9 percent for full-year, the government said Thursday. This was after the gross domestic product grew by 6.1 percent in the fourth quarter. In 2017, the
Stock index slips below 8,000 points
January 23, 2019
The Philippine Stock Exchange index slipped from the 8,00-point level on Wednesday even as there was plenty of buying in Philippine Airlines after new reports said All Nippon Airways may invest into the flag carrier. The index finished at 7,989.65
Stock index clings to 8,000-point mark
January 22, 2019
The Philippine Stock Exchange index clung to the 8,000-point mark while the peso touched the P53 mark against the US dollar on Tuesday. The Philippine Stock Exchange (PSE) index finished at 8,008.17 points, up 1.21 points. In the broader market,
Stock index remains above 8,000-point mark
January 21, 2019
The Philippine Stock Exchange index reduced losses but ended lower and still above the 8,000-point mark on Monday. But the peso slid against the US dollar, from P52.515 on Friday to P52.80. Volume at the foreign exchange portal of the
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