Foreign portfolio investment transactions yielded net inflows in November: BSP
December 15, 2018
Registered investments for November amounted to $2 billion, more than twice the $953 million figure last month and an 80.8 percent growth compared to the $1.1 billion level in the same month a year ago, the Bangko Sentral ng Pilipinas
78.2 Pct of Japan High School Students Land Job Offers
December 14, 2018
Tokyo–A Japanese government survey showed Friday that 78.2 pct of high school students hoping to work after their graduation next spring had secured job offers as of the end of October. The figure rose 1.0 percentage point from a year
Third quarter BOP registers deficit: central bank
December 14, 2018
The country’s balance of payments position (BOP) registered a higher deficit of $1.9 billion in the thrd quarter compared to the $662 million deficit in the same quarter a year ago, the Bangko Sentral ng Pilipinas ( BSP) said Friday.
Stock index nearly unchanged, peso gains
December 14, 2018
Stocks ended an up-and-down session nearly unchanged while the peso closed higher against the US dollar on Friday. The Philippine Stock Exchange index settled 1.45 points higher to 7,524.37. In the broader market, there were 100 gainers, 79 decliners and
ADB approves $408m to help gov’t rebuild Marawi
December 14, 2018
The Asian Development Bank (ADB) approved Thursday a $408 million financing package to assist the government in rebuilding and rehabilitating the southern Philippine city of Marawi and help residents regain their livelihoods. The Emergency Assistance for Reconstruction and Recovery of
EXCLUSIVE: Japan’s Extra Budget to Include 632 B. Yen for Disaster Measures
December 14, 2018
Tokyo–The Japanese government’s planned fiscal 2018 second supplementary budget will include 632.3 billion yen in spending on emergency measures to beef up the country’s resilience to natural disasters, Jiji Press learned on Thursday. The sum will include 154.8 billion yen
Targets won’t be revised as Congress fails to pass budget: Pernia
December 13, 2018
The National Economic and Development Authority (NEDA) on Thursday said there will be no revision of targets even after Congress failed to pass the 2019 budget this year. The Duterte administration will operate under a re-enacted budget in early 2019,
Japan Economy Marks 2nd-Longest Postwar Growth
December 13, 2018
Tokyo–Japan’s Cabinet Office recognized Thursday that the country’s current economic expansion entered its 58th month in September last year, marking the second-longest boom in the postwar history. The uptrend thus topped the “Izanagi” rapid growth period that lasted 57 months,
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