Approved foreign investments in fourth quarter of 2019 up 17.3%: PSA
February 20, 2020
Total foreign investments approved in the fourth quarter of 2019 reached P112.1 billion or 17.3 percent higher compared with P95.6 billion in same period in 2018, the Philippine Statistics Authority (PSA) said Thursday. This growth in investment pledges came from
PSE index, peso end higher
February 19, 2020
The main Philippine share index closed higher on Wednesday. The peso finished at P50.54 against the US dollar from P50.645. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $98.3 million from $933.9 million in
PSE index ends flat, peso declines vs US dollar
February 18, 2020
The main Philippine share index finished flat on Tuesday. The peso ended at P50.645 against the US dollar from P50.57 on Monday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $933.9 million from $971.5
PSE index closes slightly higher
February 17, 2020
The main Philippine share index ended lower on Monday. The peso closed at P50.57 against the US dollar from P50.56 on Friday. Volume at the foreign exchange of the Bankers Association of the Philippines reached $971.50 million from $831,50 million
Personal and cash remittances set record highs in 2019 at $33.5 billion and $30.1 billion
February 17, 2020
Personal remittances from Overseas Filipinos (OFs) reached a record high of $33.5 billion in 2019, 3.9 percent higher than the $32.2 billion recorded a year ago, the Bangko Sentral ng Pilipinas (BSP) said Monday. For the month of December, personal
Gov’t on track to reduce poverty rate to 14% or lower by 2022—Dominguez
February 16, 2020
The Duterte administration remains fully committed to reduce poverty incidence to just 14 percent or lower by 2022, given the game-changing reforms it has been carrying out to make the country’s economic expansion not only rapid but also inclusive for
PSE index slumps, peso gains slightly vs US dollar
February 14, 2020
The main Philippine share index fell nearly 1.7 percent on Friday. The peso closed at P50.56 against the US dollar from Thursday’s P50.50. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $831.5 million from
PSE index reverses course to end higher
February 13, 2020
The main Philippine share market closed higher after being lower during most of the session on Thursday. The peso ended at P50.50 against the US dollar from Wednesday’s P50.57. Volume at the foreign exchange portal of the Bankers Association of
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