Palace condoles with family of SM founder Henry Sy Sr.
January 20, 2019
Malacanang has extended condolences to the family of SM Group founder Henry Sy Sr. who passed away on Saturday at the age of 94. Presidential spokesperson Salvador Panelo, in his statement, described the tycoon as a visionary and a pillar
DOF HQ in compliance with clean water requirements ahead of Manila Bay rehab
January 20, 2019
The ongoing refurbishment of the six-story building that houses the central office of the Department of Finance (DOF) along Roxas Boulevard in Manila now includes a state-of-the-art sewage treatment facility that is now operational way ahead of the Duterte administration’s
Overall BOP position posts surplus of $2.44b in December 2018: BSP
January 18, 2019
The overall balance of payments (BOP) position yielded a surplus of $2.44 billion in December 2018, significantly higher than the $917 million surplus in the same month of the previous year, the Bangko Sentral ng Pilipinas (BSP) said Friday. Inflows
PSE index back above 8,000-point mark
January 18, 2019
The Philippine Stock Exchange (PSE) index finished the week above the 8,000-point mark but the peso lost ground against the US dollar on Friday. The peso ended at P52.515 from P52.41. Volume at the foreign exchange of the Bankers Association
Stock index rallies close to 8,000 point mark, peso declines to P52.41:$1
January 17, 2019
Philippine stocks ended a key index level on Thursday following profit-taking on the previous day BUT the peso lost 28 centavos against the US dollar. The Philippine Stock Exchange index closed at 7, 927.20 points, up 62.50. In the broader
7-8% GDP for 2019 ‘’doable”: central bank
January 17, 2019
The Bangko Sentral ng Pilipinas (BSP) on Thursday said it expects 2019 overall growth to grow between seven to eight percent. “We expect GDP (gross domestic product) growth between seven to eight percent. I think this is doable,” BSP Deputy
Stock index dips below 8,000-point level
January 16, 2019
The Philippine Stock Exchange index fell below a key level while the peso lost 10 centavos against the US dollar on Wednesday. The index settled at 7,8 64.70, down 148.72 points. In the broader market, there were 127 decliners, 64
Google Japan fails to declare 3.5 B. Yen in taxable income
January 15, 2019
Tokyo–Japanese tax authorities have found that a Japanese unit of Google LLC failed to declare some 3.5 billion yen in income related to transactions with a Singaporean unit of the U.S. Internet giant in the year through December 2015, informed
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