Japan to increase public works spending for 6th year
December 21, 2017
Tokyo- The Japanese government plans to boost public works spending for the sixth straight year on an initial budget basis in fiscal 2018, which starts next April, informed sources told Jiji Press on Wednesday. The government will earmark 5,978.9 billion
Stocks slightly lower, peso gains to P50.29:$1
December 20, 2017
Stocks ended lower on Wednesday, with the Philippine Stock Exchange index finishing 3.35 points to 8,362.61. In the broader market, there were 110 decliners, 84 gainers and 50 unchanged. Volume reached 830.54 million shares worth P5.26 billion. Foreigners were net
Metro Manila subway construction to start Q3 next year: Diokno
December 20, 2017
The Duterte administration is expected to start constructing he Japanese-funded Metro Manila subway project by third quarter of 2018, Budget Secretary Benjamin Diokno said on Wednesday. Diokno said the Metro Manila Subway Project (MMSP) Phase 1 is one of the major
Japan Tsukijo Food Industry
December 20, 2017
TOKYO- This file photo taken on January 5, 2016, shows fishmongers inspecting bluefin tuna before the first auction of the new year at Tokyo’s Tsukiji fish market. Tokyo’s famed Tsukiji fish market will move to a new site on October
Stocks lower, peso gains
December 19, 2017
Stocks closed lower on Tuesday, as the Philippine Stock Exchange index finished down 56.86 points to 8,365.96. In the broader market, there 116 decliners, 89 gainers and 47 unchanged. Volume reached 1.56 billion shares worth P6.87 billion, Foreigners were net
Japanese rating agency R&I affirms foreign currency issuer rating at BBB, outlook stable
December 19, 2017
Japanese rating agency R &I on Tuesday affirmed the Philippines’ foreign currency issuer rating at BBB and placed the outlook as stable. The agency also affirmed foreign currency short-term debt at a-2. R&I said the rating outlook is stable, “because
Stocks end higher despite foreign selling
December 18, 2017
Stocks ended higher on Monday despite foreign selling. The Philippine Stock Exchange index finished 85.78 points higher to 8,422.82. In the broader market, there were 103 gainers, 100 decliners and 46 unchanged. Volume reached 853.22 million worth P5.66 billion. Foreigners
Removing rice QR to cut retail price by as much as P7 per kilo :DOF
December 18, 2017
Lifting of quantitative restrictions (QR) on rice imports in favor of tariffs will bring several benefits to the economy, among which are slashing retail price by as much as P7 per kilo and helping free some 730,000 Filipinos from poverty,
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