PSE index ends flat

January 24, 2020

The main Philippine share index ended flat on Friday. The peso finished at P50.98 against the US dollar from P50.91 on Thursday. Volume at the foreign exchange portal at the Bankers Association of the Philippines reached $981.85 million from $1.093

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Fourth quarter GDP grows 6.4%, but 2019 target falls short of forecast

January 23, 2020

The Philippine economy grew 6.4 percent in the fourth quarter, but full-year growth averaged 5.9 percent, below the low end of the government’s target of six percent, the Philippine Statistics Authority (PSA) said Thursday. The 5.9 percent average was the

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PSE index flat ahead of fourth quarter GDP announcement

January 22, 2020

The main Philippine stock index closed flat on Wednesday ahead of the government’s fourth quarter gross domestic product. The peso closed at P50.91 against the US dollar from P51.015. Volume at the foreign exchange portal of the Bankers Association of

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Third quarter growth revised lower to 6%: PSA

January 22, 2020

The Philippine Statistics Authority ( PSA) Wednesday revised third quarter gross domestic product ( GDP) to 6 percent from 6.2 percent. This means average growth for the nine-month period is now at 5.7 percent from 5.8 percent. ”Major contributors to

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BOJ keeps monetary policy unchanged

January 21, 2020

Tokyo–The Bank of Japan said Tuesday that it decided to keep its current monetary easing policy unchanged at a two-day policy review that ended on the day. The BOJ Policy Board voted seven to two to keep its short-term policy

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PSE index ends lower

January 21, 2020

The main Philippine share index ended lower on Tuesday. The peso closed at P51,015 against the US dollar from P50.975 on Monday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.346 billion from the

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PSE index finishes lower

January 20, 2020

The main Philippine share market index ended lower on Monday. The peso finished at P50.975 against the US dollar from P50.891 on Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines (BAP) reached $1.599 billion

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Overall BOP position posts $1.5b surplus in December

January 20, 2020

The full-year 2019 balance of payments (BOP) surplus reached $7.84 billion, a turnaround from the $2.31 billion BOP deficit recorded in 2018, the Bangko Sentral of the Pilipinas (BSP) said Monday. Based on preliminary data, the surplus was supported by

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