PHL thanks Japan for quick release of 10-B yen loan to aid typhoon victims
January 6, 2021
The Philippines has thanked Japan for quickly disbursing another 10-billion yen under the second phase of its Post Disaster Standby Loan 2 (PDSL 2) program that will support ongoing government efforts to rehabilitate areas, and help families affected, by the
Peso hits P48.015 against US dollar before ending at P48.02
January 4, 2021
The peso hit an intraday high of P48.015 against the US dollar before settling at P48.02 on Monday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $873.75 million. On Dec 29, the last trading
Peso closes at P48.02 against US dollar
December 29, 2020
The Philippine peso ended the year at P48.02 against the US dollar on Tuesday from Monday’s 48.03. Volume at the foreign exchange portal of the Bankers Association of the Philippines (BAP) reached $731.25 million from the previous day’s $507.38 million.
Peso retreats from intraday high of P48.02 vs US dollar, ends at P48.055
December 28, 2020
The Philippine peso retreated from its intraday high of P48.02 against the US dollar to end at P48.055 on Monday. This was better than the P48.07 on December 23 before financial and capital went on a long Christmas holiday break.
JICA, BSP credit risk database offers bright spot for SME financing
December 28, 2020
As lack of finance access continues to challenge Philippine small and medium enterprises (SMEs), an ongoing technical cooperation project for the establishment of Credit Risk Database (CRD) of the Japan International Cooperation Agency (JICA) and the Bangko Sentral ng Pilipinas
Philippines, Japan reaffirm commitment to further expand economic ties
December 28, 2020
The Philippines and Japan have reaffirmed their commitment to further build on their strong economic partnership, which includes plans to expand Japanese investments in the country following favorable developments on a Philippine tax reform measure that aims to significantly lower
Philippines seeks $325 million loan from ADB to finance COVID-19 vaccines
December 21, 2020
The Philippine government is requesting a $325-million loan from the Asian Development Bank to finance its purchase for the vaccines against the coronavirus disease, an official said on Monday. ADB Country Director for the Philippines Kelly Bird, in a televised
Peso unchanged at P48.085; PSEi down
December 21, 2020
The Philippine peso hit the day’s low of P48.05 against the US dollar before closing at P48.085 on Monday. It also settled at P48.085 on Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached
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