Consumer outlook weakened in first quarter: central bank
March 26, 2018
Consumer confidence weakened but remained positive for the first quarter 2018, with the overall confidence index declining to 1.7 percent from 9.5 percent for fourth quarter of 2017, the central bank said in a survey on Monday. According to respondents,
Stock index ends slightly lower, peso at P52.215:$1
March 26, 2018
Stocks staged a late rally as the Philippine Stock Exchange cut its losses on Monday. The index, which was down by as much as 113 points, ended 38.42 points lower at 7,932.38. In the broader market, there were 138 decliners,
Gov’t eyes commercial dev’t of Metro subway stations to help pay off JICA loan
March 25, 2018
The government will initiate the country’s first-ever underground commercial development by leasing retail spaces around the stations of the would-be Metro Manila Subway to generate revenues that will help pay off the loan extended by Japan for this multibillion-dollar mass transport project,
Stock index fall past 8,000-point mark, peso at P52.39:$1
March 23, 2018
The Philippine Stock Exchange index ended the week lower for the fifth straight time on Friday. The index lost 153.65 points to end at 7,970.80. In the broader market, there were 143 decliners, 65 gainers and 39 shares unchanged. Volume
Robinsons Retail, Dairy Farm to build food retail business
March 23, 2018
Robinsons Retail Holdings, Inc. Friday announced it has agreed to partner with Dairy Farm to build a leading food retail business, a disclosure by the former to the Philippine Stock Exchange said. The respective boards of directors of Robinsons Retail and
PMO remits P17.4 million at onset of 2018
March 23, 2018
The sale of, and lease rentals from, state properties for privatization along with the interest income from still unsold government assets brought in P17.4 million of remittances to the Bureau of the Treasury (BTr) in the first month of 2018, according to a report by the
Stocks gain strongly, peso at P52.20:$1
March 22, 2018
Stocks bounced back on Thursday after recent selling. The Philippine Stock Exchange index gained 215,38 points to end at 8,124.45. In the broader market, there were 122 gainers and 75 decliners. Volume reached 2.01 billion shares worth P8.37 billion from
Time, costs considered in infra rollout for people’s benefit, says DOF
March 22, 2018
Time and cost factors top the Duterte administration’s concerns in its rollout of the ambitious “Build, Build, Build” infrastructure program, prompting the economic managers to veer away from the standard Public-Private Partnership (PPP) mode to ensure that projects are done
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