BOJ Could Face Monetary Policy Dilemma in 2019
January 2, 2019
Tokyo–The Japanese economy headed into 2019 amid increasing concerns over a global slowdown stemming partly from U.S.-China trade friction, possibly placing the Bank of Japan in a monetary policy dilemma. Following global financial market turmoil in late 2018, hopes may
Duterte eco team took decisive steps vs inflation in 2018: DOF
December 30, 2018
President Rodrigo Duterte’s economic team undertook prompt and decisive measures to rein in inflation in 2018, resulting in a marked slowdown that experts say could lead to the domestic economy picking up steam next year, a statement from the Department of Finance (DOF) said Sunday. With food
Stocks end lower on last trading day of 2018
December 28, 2018
Philippine stocks ended lower on Friday, with the main stock index failing to end the year at the 7,500-point level. The Philippine Stock Exchange index closed at 7,466.02 points, down 16.64 points. In the broader market, there were 118 gainers,
Central bank sees December inflation “within 5.2 to 6 percent”
December 28, 2018
The Bangko Sentral ng Pilipinas (BSP) said Friday inflation in December is projected to settle “within the 5.2 to 6 percent”. ” The sustained slowdown of inflation during the month is seen to be driven mainly by the continued decline in
Stock index nears 7,500-point mark
December 27, 2018
Philippine stocks gained on Thursday, as the key index neared the 7,500 mark a day before the final trading session of the year. The Philippine Stock Exchange index settled at 7, 482.66 points, up 32.65 points. In the broader market,
Agri among top gov’t concerns of Duterte presidency
December 25, 2018
Finance Secretary Carlos Dominguez III said agriculture will remain among the top concerns of the Duterte administration for the rest of its term to fulfill its goal of raising farm productivity and rural incomes and avoid a repeat of the supply
Stocks lower, peso gains
December 21, 2018
Stocks ended lower on Friday, as trading headed for the Christmas holidays. The peso closed at P52.86 against the US dollar from P53.1. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $726 million
Japan Govt OKs 2.7-T.-Yen Extra Budget for FY 2018
December 21, 2018
Tokyo–The Japanese government adopted at a cabinet meeting on Friday a draft second supplementary budget for fiscal 2018 worth 2,709.7 billion yen. The total is smaller than the planned additional expenditures at 3,035.1 billion yen, as the difference will be
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