Inflation remains manageable, says DOF
November 6, 2017
The Department of Finance (DOF) said inflation in October likely peaked at 3.5 percent from 3.4 percent a month ago, driven mainly by higher price increases in non-food items, particularly utilities. In an economic bulletin Monday, DOF Undersecretary Gil Beltran
Overseas Filipino Bank to open in January: DOF
November 6, 2017
The Department of Finance (DOF) said initial operations of the Overseas Filipino Bank (OFB) will proceed as scheduled in January 2018, following the assurance by the Bangko Sentral ng Pilipinas (BSP) that approvals from the necessary clearing institutions will be
DOF focusing on 3 initiatives to improve ease of doing business
November 5, 2017
The Department of Finance is harnessing the power of digital technology to implement three major initiatives in improving the ease of doing business in the country. According to Dr. Dennis Reyes the DOF’s technology modernization architect, these three programs are
“Instagenicˮ attractions adorn Tokyo Motor show
November 4, 2017
TOKYO- Automakers are trying hard to rev up the interest of young people not only by displaying their cutting-edge technologies but also by using “instagenic” gimmicks at Tokyo Motor Show. Taking advantage of many visitors having smartphones and tablets, automakers
Apple iPhone X goes on sale
November 3, 2017
TOKYO- A mancleans the windows inside the Apple Store prior to opening in the Omotesando shopping district in Tokyo, Japan, Friday, 03 November 2017. More than 2,000 people lined up during the early morning hours in hopes to buy the
Stocks retreat after previous day’s all-time high
November 3, 2017
Stocks retreated after a record close on Thursday and a new intra-day record in morning trading Friday with the key index losing more than 1.5 percent. The Philippine Stock Exchange index ended 139.89 points lower at 8,376.13. In the broader
Philippine confident MCC will consider latest gov’t efforts against corruption: Dominguez
November 3, 2017
The Department of Finance (DOF) has expressed confidence that the board of the Millennium Challenge Corp. (MCC) will consider the Duterte administration’s reforms to weed out official corruption and adhere to the rule of law in deciding on the eligibility of the country
Biz leaders pin hopes on Abe’s new government
November 2, 2017
TOKYO- Heads of major Japanese business lobbies pinned high hopes Wednesday on Prime Minister Shinzo Abe’s new government. “I want the prime minister to show strong political leadership by accelerating his Abenomics economic policy mix, implementing growth measures, building a
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