The Daily Manila Shimbun

 

Manufacturing output declines for third straight month in November 2017

January 10, 2018

Manufacturing output declined for the third straight month in November 2017, the Philippine Statistics Authority (PSA) said Wednesday. In the Monthly Integrated Survey of Selected Industries (MISSI) of the Philippines Statistics Authority (PSA), the Volume of Production Index (VoPI) for

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Trade deficit widens to record in November 2017

January 10, 2018

The Philippines’ trade deficit widened to a record in November 2017 from year-ago figures as imports grew 18.5 percent to $8.744 billion while exports grew by 1.6 percent to $4.963 billion, the Philippine Statistics Agency (PSA) said Wednesday. The trade

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Diokno says teachers’ salary hike not a priority now

January 10, 2018

Budget Secretary Benjamin Diokno said on Wednesday that providing salary increase to some 600,000 public school teachers, on top of the compensation adjustment under an executive order for civilian government personnel, is not a priority at this time. In a press conference

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Stocks rocket to new record on “very positive factors”

January 9, 2018

After pausing on Monday, the Philippine Stock Exchange Index rocketed to another record close on due to what a market analyst said was due to a “confluence of very positive factors”Tuesday. The index surged 178.60 points to 8,923.72 points. In

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Megaworld partners with Toshiba Group’s UEM on water reclamation project

January 8, 2018

Maynilad Water Services  Inc. has awarded to Megawide Construction Corp its newest water treatment facility, the 88 million liters per day (MLD) Las Piñas Water Reclamation Facility. The design and build contract, valued at more than P2 billion, is Megawide’s first

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DOF to submit other tax reform packages to Congress within the year

January 8, 2018

The Philippine government is eyeing about P2 trillion additional revenues once all the other packages of the Comprehensive Tax Reform Program ( CTRP) are passed into law within the Duterte administration, an official said on Monday. In a press briefing

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PSE closes lower, ends record run

January 8, 2018

Some last buying spurt failed to lift the Philippine Stock Exchange index to a new mark on Monday. The index finished 24.88 points higher to end at 8,745.12 points despite net foreign buying. It was the first time that the

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DOF to submit CTRP’s Package 2 to Congress this month

January 7, 2018

Finance Secretary Carlos Dominguez III said the Department of Finance (DOF) will submit to the Congress this January the second package of the government’s Comprehensive Tax Reform Program (CTRP) after the first package was signed into law by President Rodrigo

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