Peso falls to 10-year-low
March 2, 2017
The peso closed at a 10-year low of P50.31 against the US dollar after hitting P50.345 on Thursday. The Philippine currency closed at P50.28 on Wednesday. It is one centavo higher than the P50.32 recorded in September 2006. Volume at
Peso rebounds after falling to new intraday 10-year low against the US dollar
March 1, 2017
The peso fell to a new intraday ten-year low of P50.32 against the US dollar on Wednesday before rallying to close at P50.28. The peso ended at P50.21 on Tuesday. Volume rose to $429.80 million from $389.8 million at the
Peso rallies from intraday low of P50.30 to close at P50.21
February 28, 2017
The peso rallied from an intraday 10-year low of P50.30 to close at P50.21 against the US dollar on Tuesday. On Monday, the peso closed at P50.27 after also reaching its lowest of P50.295. Volume at the Philippine Dealing System
Infra needs in developing Asia, the Pacific will exceed $22.6 trillion through 2030: ADB
February 28, 2017
Infrastructure needs in developing Asia and the Pacific will exceed $22.6 trillion through 2030, or $1.5 trillion per year, if the region is to maintain growth momentum, according to a new flagship report by the Asian Development Bank (ADB) on
SEC takes steps vs informal lenders
February 28, 2017
Over 200 informal lenders have applied for registration before the Securities and Exchange Commission (SEC) after the government initiated a crackdown against loan sharks engaged in “five-six” and other usurious practices, the finance department said in a statement Tuesday. The
Peso closes at new 10-year low
February 27, 2017
The peso slumped to a new 10-year low on Monday, with the currency settling at P50.27 against the US dollar at the Philippine Dealing System. The peso fell to an intraday low of P50.295 before closing at P50.27. On Friday,
Century Properties announces P2 billion maiden project in Tanza to offer 3,000 homes
February 27, 2017
Listed real estate developer Century Properties Group, Inc. has announced the launch of the Philippines’ first home market category, which will unveil its brand name and product offerings in the second quarter of 2017, a disclosure to the Philippine Stock
Stocks lower, but up for the week.
February 24, 2017
Stocks closed lower on Friday but finished the week higher for the third straight week. The Philippine Stock Exchange index closed 76.57 points lower to end at 7,258.99. For the week, the index was up 0.20 percent. Volume fell to
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