The Daily Manila Shimbun

 

November inflation decreases to 6% from 6.7% in October

December 5, 2018

Inflation for November eased to a four-month low of six percent from 6.7 percent in October, according to the Philippine Statistics Authority ( PSA) on Wednesday. The October inflation figure, which was the highest in nearly a decade, was unchanged

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November inflation falls to six percent from 6.7% in October

December 5, 2018

Inflation in November fell to six percent from 6.7 percent in the previous month, the Philippine Statistics Agency (PSA) said Wednesday. Food and non-alcoholic beverages decelerated to eight percent from 9.4 percent in October. This was, however, significantly higher than

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Duterte OKs implementation of 2nd tranche of oil excise tax by January

December 4, 2018

President Rodrigo Duterte has approved the recommendation of the Development Budget Coordination Committee (DBCC) to implement the second tranche of excise tax on petroleum products next year, officials said on Tuesday. With this, the government would no longer lose an

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Businessman Donald Dee passes away

December 2, 2018

Employers’ Confederation of the Philippines president Donald Dee passed away on Saturday, December 1, at the age of 72. “The business community lost a passionate champion and leader, a stalwart in the industry, and a staunch advocate of and for

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G-20 Leaders Concerned over U.S.-China Trade Tensions

December 1, 2018

Buenos Aires–A closely watched Group of 20 summit started in Buenos Aires on Friday for a two-day run, with participants voicing concerns over fierce U.S.-China trade friction. On the first day, some also said that the G-20 advanced and emerging

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PSE index ends lower

November 29, 2018

The Philippine Stock Exchange index closed lower at 7, 367.65, down 14.58 points on Thursday as trading wound down for November. But in the broader market, there were 112 gainers, 78 decliners and 52 shares unchanged. Volume reached 1.32 billion

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Ghosn Hires Renowned U.S. Law Firm: WSJ

November 27, 2018

New York–Former Nissan Motor Co. <7201> Chairman Carlos Ghosn has concluded a contract with a renowned U.S.-based law firm, The Wall Street Journal reported Monday. Paul, Weiss, Rifkind, Wharton & Garrison LLP, which represents major U.S. financial institutions, will defend

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Ty, chairman emeritus of Metrobank, passes away at 86

November 23, 2018

George S.K. Ty, one of the richest men in the Philippines and whose company forged a joint partnership with Toyota Motor Corp., died at the age of 86 Friday, the Metrobank Group said in a statement. Memorial services for Ty,

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