PLDT planning to tap property unit of NTT to redevelop Makati buildings
January 1, 2018
PLDT Inc. said it is planning to tap the property unit of Japan’s NTT to redevelop its two buildings in Makati as it preparing to transfer of its headquarters to the south of Manila. “I think we are leaning towards
PSE index ends 2017 at record on economic optimism
December 29, 2017
The Philippine Stock Exchange index closed 2017 with a new record on Friday, buoyed by optimism over the economy next year. The index finished at 8,558.42, up 23.33 points from Thursday. It earlier breached the 8,600 level with 8, 628.83
PSE index sets new all-time high, peso at P49.98:$1
December 28, 2017
The Santa Claus rally brokers have been predicting happened Thursday as the Philippine Stock Exchange index soared to a new record close. The index gained 44.18 points to finish at 8,535.o9 points. The previous all time high was 8,523.07 set
Gov’t keeps inflation target at 3% for 2018-2020
December 28, 2017
The Development Budget Coordination Committee (DBCC) kept the current inflation target at three percent, plus or minus one percentage point, for 2018 to 2020, a statement from Bangko Sentral Governor Nestor Espenilla Jr said Thursday. “Inflation projections and expectations continue
DOF focusing on 3 initiatives to improve ease of doing business
December 28, 2017
The Department of Finance (DOF) is harnessing the power of digital technology to implement three major initiatives in improving the ease of doing business in the country. According to Dennis Reyes, the DOF’s technology modernization architect, these three programs are
Peso hits highest level since June before ending at P50.04:$1
December 27, 2017
The peso hit its highest level against the US dollar since June 19 before closing at P50.04 against the greenback on Wednesday. The peso ended at P50.04 after it reached a high of P49.96. It settled at P50.14 on Friday
Toray unit managers indifferent to quality assurance: report
December 27, 2017
Tokyo- Managers of a Toray Industries Inc. subsidiary involved in data falsification were indifferent to product quality assurance, an investigation report by an external panel concluded Wednesday. The panel of lawyers investigated data manipulation over tire materials and other products
Mizuho to continue unloading client shares
December 27, 2017
Tokyo- Mizuho Financial Group Inc. will keep selling shares of clients and partners, including regional banks, Yasuhiro Sato, president and group chief executive officer of the major Japanese banking group, said in a recent interview. Such shares owned for noninvestment
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