Manila STV

PSEi ends lower, peso at P48.315:$1

November 19, 2020

The Philippine Stock Exchange index (PSEi) ended 54.16 points lower to 6,997.62 on Thursday. In the broader market, there were 114 gainers, 99 losers and 60 unchanged. Volume reached 11.78 billion shares worth P11.12 billion from Wednesday’s 12/34 billion shares

Duterte orders establishment of back-up gov’t center in New Clark City in case of disaster

November 18, 2020

President Rodrigo Duterte has issued an executive order establishing a National Government Administrative Center in New Clark City, Capas, Tarlac to serve as a “back-up” government center outside of the National Capital Region in case of disaster. Under Executive Order

PSEi higher, peso at P48.24:$1

November 17, 2020

The Philippine Stock Exchange index (PSEi) closed 41.09 points higher to end at 6,959.14 on Tuesday. In the broader market, there were 126 gainers, 98 losers and 41 unchanged. Volume reached 2.49 billion shares worth P10.25 billion from Monday’s 2.36

PSEi ends lower, peso at P48.225:$1

November 16, 2020

The Philippine Stock Exchange index (PSEi) shed off 51.83 points to end at 6, 918.05 on Monday. There were 119 gainers, 109 losers and 30 unchanged in the broader market. Volume reached 2.36 billion shares worth P8.77 billion from Friday’s

End-October GIR level rises to $103.81 billion

November 14, 2020

Gross international reserves (GIR) level, based on preliminary data, rose by $3.37 billion to $103.81 billion as of end-October from the end-September level of $100.44 billion, the Bangko Sentral ng Pilipinas said Friday. At $103.81 billion, the GIR represents a more than

FDI net inflows up for four straight months in August

November 11, 2020

Foreign direct investment (FDI) net inflows continued its growth momentum in August , recording a 46.9 percent expansion year-on-year to $637 million from $434 million in August 2019, the Bangko Sentral ng Pilipinas (BSP) said Tuesday. FDI net inflows increased

PSEi climbs above 7,000-point level

November 10, 2020

The Philippine Stock Exchange index (PSEi) climbed above the key 7,000-point level on Tuesday, hoisted by foreign markets and slower rate of decline in Philippine growth numbers. The PSEi closed at 7,035.48 points, up 349.63 points. In the broader market,

UPDATE Philippine economy falls by 11.5% in Q3

November 10, 2020

The Philippine economy contracted by 11.5 percent in the third quarter due to the strict restrictions that the government once again enforced in Metro Manila and a few other areas in the country, officials said on Tuesday. But the economic

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