PSE index ends at new all-time record
October 4, 2017
Stocks shrugged off the World Bank’s lower growth forecast for the Philippines with the key index finishing at a new all-time high on Wednesday. The Philippine Stock Exchange index closed at 8,344.05, up 31.12 from Tuesday. In the broader market,
Gov’t working double-time to make country more attractive to investors: Dominguez
October 4, 2017
SHANGHAI—Finance Secretary Carlos Dominguez III has cited the government’s continuing efforts to open the economy to foreign participation, political stability and its young, dynamic workforce as among key factors that would make the Philippines far more attractive to foreign investors.
Stock index set new all-time high close
October 3, 2017
Stocks set a new all-time high on Tuesday in line with a similar record close at Wall Street on Monday. The Philippine Stock Exchange index finished above 8,300 mark for the first time, as it closed at 8,312.93, up 56.65
Philippines fully backing AIIB, Belt and Road initiative
October 3, 2017
SHANGHAI—Finance Secretary Carlos Dominguez III has assured China of the Philippines’ full cooperation with the Asian Infrastructure Investment Bank (AIIB) and the Belt and Road program, both of which, he said, will “bring lasting benefits to all countries of this region”
Stocks up in October’s first trading day
October 2, 2017
Stocks surged in the first trading day of October as the Philippine Stock Exchange Index closed 1.04 percent higher on Monday. The index finished at 8,256.28 points, or 84.85 points up from Friday. In the broader market, there were 107
Philippines, China cite need to prioritize 8 projects for speedy implementation
October 2, 2017
BEIJING—Philippine and Chinese officials cited Wednesday efforts by two countries to further streamline and expedite the approval process on the first “basket” of infrastructure projects, which initially prioritizes eight “cooperation” initiatives Manila will be implementing with Beijing, a statement from
DOF chief assures Japanese bizmen of relaxing foreign ownership restrictions
October 1, 2017
Finance Secretary Carlos Dominguez III has assured Japanese businessmen that the move to relax foreign ownership restrictions in certain industries via amendments to the Constitution might commence next year in fulfillment of President Duterte’s commitment to open up the economy to more long-term,
Stocks end with slim gains, peso at P50.815 against US dollar
September 29, 2017
Stocks managed to finish with slim gains on Friday even as the Philippine Stock Exchange index clung to the 8,000-point mark as the trading month of September wound down. The Philippine Stock Exchange index ended 15.39 points higher at 8,171.43
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