Monetary Board keeps rates steady
September 21, 2017
The Monetary Board n Thursday kept interest rate on the Bangko Sentral ng Pilipinas overnight reverse repurchase (RRP) facility at 3 percent. The corresponding interest rates on the overnight lending and deposit facilities were kept steady while the reserve requirement
Stocks slip after reaching intraday all-time high
September 21, 2017
Stocks slipped after hitting a new intraday all-time high, leading the Philippine Stock Exchange index to close at 8,286.86, up 67.54 points on Thursday. The PSE Index set its all-time high last September 18, as it closed at P8,294.14. The
Japan tops ODA loans for first half: NEDA
September 21, 2017
The Government of Japan remained the country’s top Official Development Assistance (ODA) development partner, in terms of loans, for the first half of 2017. Loans from Japan, administered through the Japan International Cooperation Agency (JICA) had the largest share of 44.83
Stocks gain after dipping the previous day
September 20, 2017
Stocks ended higher on Wednesday in heavy trading following Tuesday’s decline as the Philippine Stock Exchange index gained 56.62 points to 8,219.32. In the broader market, however, there were 107 gainers, 106 decliners and 42 shares unchanged. Volume reached 2.16
Overall BOP position posts $7 million deficit in August
September 19, 2017
The country’s overall balance of payments (BOP) position in August posted a slight deficit of $7 million, lower by $671 million than the previous month’s shortfall of $678 million, the central bank said in a statement on Tuesday. Outflows during
Philippine stocks index close 1.59% lower
September 19, 2017
The Philippine Stock Exchange, which has been setting record closes for the last three sessions, gave up most of its gains on Tuesday. The Philippine Stock Exchange index finished 131.44 points lower or 1.59 percent down to 8,162.70. In the
(UPDATE) Third straight record close for PSE Index
September 18, 2017
The Philippine Stock Exchange index on Monday closed at a new record for the third straight session with an analyst saying this was due to fund managers returning to the market after the Ghost month. The PSEi finished at 8,294.14
Philippine stocks index sets all-time record for third straight session
September 18, 2017
The Philippine Stock Index closed at a new mark for the third straight session as it gained 113.29 points to end at 8,294.14 on Monday. Two hours before the trading closed, the index breached 8,200 points for the first time.
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