PSE index ends lower, peso at P49.041:$1
August 7, 2020
The Philippine Stock Exchange ( PSE) index ended lower on Friday, losing 56.56 points to 5,846.02. But in the broader market, there were 113 gainers,82 losers and 40 unchanged. Volume reached 5.27 billion shares valued at P10.92 from Thursday’s 7.27
Yang replaces long-time PLDT spokesman Isberto
August 6, 2020
PLDT Inc. has appointed multi-awarded financial journalist Cathy Yang as its new group head of corporate communications. Yang will replace Ramon Isberto, long time public affairs head of PLDT, who is retiring after serving PLDT and its wireless subsidiary Smart
Gov’t subsidizing PhilHealth but agency must improve information system, DOF chief says
August 6, 2020
The national government has earmarked about P80 billion to embattled Philippine Health Insurance Corp. this year, the Department of Finance said on Thursday. While the government has been subsidizing PhilHealth, in a virtual press briefing, Finance Secretary Carlos Dominguez III
Gov’t shelves eight flagship infrastructure projects
August 6, 2020
The Philippine government has shelved eight flagship infrastructure projects with an estimated cost of P370 billion amid the coronavirus disease pandemic. Presidential Adviser on Flagship Programs and Projects Vivencio Dizon, in a virtual press briefing on Thursday, said the eight
DBCC revises macroeconomic assumptions for 2020 after double-digit GDP contraction in Q2
August 6, 2020
The inter-agency Development Budget Coordination Committee has further trimmed down its macroeconomic assumptions, including the Philippine economic growth, for this year after the second quarter gross domestic product posted a record double-digit contraction. In the DBCC virtual press conference on
Stocks, peso shrug off second quarter growth figures
August 6, 2020
Philippine markets shrugged a steep fall in second quarter growth figures on Thursday. The Philippine Stock Exchange (PSE) index closed 69 points higher to 5,902.58. The peso finished at P49.05 against the US dollar from Wednesday’s P49.075. Volume at the
PLDT second quarter net income up 16% despite COVID-19
August 6, 2020
PLDT Inc. on Thursday said its net income grew by 16 percent in the second quarter despite the coronavirus virus disease 2019 (COVID-19) pandemic. The country’s largest telcommunications company said net profit amounted to P6.44 billion in the April to
UPDATE Philippines falls into recession as Q2 GDP shrinks by 16.5%
August 6, 2020
BY CELERINA MONTE The Philippine economy entered into recession as the gross domestic product for the second quarter contracted by double digits, following the government’s decision to shutdown 75 percent of the economy through a lockdown to prevent the spread
Latest Videos
- GEORGE SOROS BLASTED THE U S FOR SUPPORTING ISRAEL ON NOT WORKING WITH HAMAS
- WIKILEAKS REVELATIONS SHOW U S ‘IGNORED’ TORTURE FROM THE WAR IN IRAQ
- THE ROOTS OF THE ISRAEL PALESTINE CONFLICT
- TUCKER CARLSON QUESTIONS U.S SUPPORT FOR ISRAEL WAR
- RFK Jr TO RUN FOR PRESIDENT AS INDEPENDENT, DECLARING INDEPENDENCE FROM THE TWO POLITICAL PARTIES
- JAPANESE VIROLOGIST SAYS OMICRON MAY HAVE BEEN MANUFACTURED
- JAPANESE VIEW & FILIPINO BEAUTY
