Stocks end at new record for second straight day
January 4, 2018
Philippine stocks closed at a new record for the second straight trading day of the year on Thursday. The Philippine Stock Exchange index finished at 8,739.83 points, up 15.70. The index was headed towards a slight decline but last minute
DOF sees 7% growth, manageable inflation in 2018
January 4, 2018
Growth of at least 7 percent is doable this year with the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law—the first package of the Comprehensive Tax Reform Program—along with the planned tariffication on rice, and massive infrastructure
November infra spending up 44.8%, disbursements up 10.4%: DBM
January 4, 2018
A sharp uptick in infrastructure and capital spending was reported in November as infrastructure disbursements reached P43.8 billion, registering a 44.8 percent year-on-year increase. The boost in infrastructure spending also buoyed total disbursements in November, as it reached P252.1 billion,
Ties with Japan ties emerged stronger in 2017: DOF
January 4, 2018
Bilateral relations between the Philippines and Japan, particularly in the field of economic cooperation, have emerged stronger amid increased efforts by the Duterte administration in 2017 to rebalance its foreign policy towards Asia. The Department of Finance ( DOF) said
Taipei 101
January 3, 2018
The Taipei 101 skyscraper in Taipei, Taiwan, on 02 January 2018. According to Taiwan press, Japan’s Itochu Corp plans to spend 600 million US dollars to acquire 37.2 percent stake in the Taipei Financial Center Corporation which manages the Taipei
Stocks surge to new record high on first trading day of 2018
January 3, 2018
Stocks closed at a new record high on the first trading day of the year on Wednesday. The Philippine Stock Exchange index finished at 8, 724,13 points, up 165.71 points. In the broader market, there were 118 gainers, 102 decliners
Warming of Philippines-China ties result of Duterte foreign policy rebalancing
January 3, 2018
The Philippines’ economic relations with its neighbors in the region such as China continued to improve in 2017 following President Rodrigo Duterte’s foreign policy rebalancing towards Asia, the Department of Finance (DOF) said Wednesday. Aid, concessional financing, and investment pledges
Accumulation-type NISA available in Japan
January 1, 2018
Tokyo- Japan added a “tsumitate” accumulation type to the lineup of the Nippon Individual Savings Account small-lot tax-free investment scheme on Monday. The government hopes to nurture next-generation investors by using the new NISA type targeting workers in their 20s
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