Equitable Solutions Needed for Okinawa Base Issue: N.Y. Times
October 3, 2018
New York- Equitable solutions should be sought to the U.S. base relocation issue in Okinawa Prefecture after an antibase candidate was elected governor, The New York Times said in an editorial on Tuesday. Japanese Prime Minister Shinzo Abe and American
Japan’s Mitsubishi to Invest in LNG Project in Canada
October 3, 2018
Tokyo- Mitsubishi Corp. has announced a plan to invest in a liquefied natural gas development project in western Canada jointly with four other companies including Royal Dutch Shell PLC. The major Japanese trading house said Tuesday that it will invest
Peso closes at P54.25$1, stocks decline
October 2, 2018
The Philippine peso hit a low of P54.29 against the US dollar during trading but ended at P54.25 on Tuesday, down by 14 centavos from the previous day. Volume at the foreign exchange portal of the Bankers Association of the
World Bank releases $496m to assist Philippines after Typhoon Ompong
October 2, 2018
The World Bank has released $496.25 million to support the Philippine government’s efforts to hasten recovery, rehabilitation, and reconstruction in areas battered by Typhoon Ompong in mid-September this year. According to the National Disaster Risk Reduction and Management Council (NDRRMC),
Peso declines nine centavos to close at P54.11:$1
October 1, 2018
The peso lost nine centavos to close at P54.11 on Monday despite the central bank’s decision last Thursday to rate policy rates by 50 basis points. Volume at the foreign exchange portal of the Bankers Association of the Philippines (BAP)
Saudi Arabia Shelves Huge Solar Project with Softbank: WSJ
October 1, 2018
New York- Saudi Arabia has shelved a 200-billion-dollar project to build solar power plants with Softbank Group Corp., The Wall Street Journal reported Sunday. In March, Softbank Chairman Masayoshi Son said his group concluded a memorandum of understanding with Saudi
Dominguez eyes exchange program with Israel on economic, finance fields
September 30, 2018
Secretary Carlos Dominguez III has raised the possibility of a scholar exchange program between the Philippines and Israel to expand advanced learning opportunities for personnel of the Department of Finance (DOF) in the fields of agricultural economics, economics and finance.
Residential property prices rose in 2nd quarter: BSP
September 29, 2018
Residential real estate prices rose by 4.8 percent year-on-year in the second quarter as the Residential Real Estate Price Index (RREPI) increased to 117.2 from 111.8 for the same quarter a year ago, the Bangko Sentral ng Pilipinas (BSP) said
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