Domininguez cites Nakao’s bold ADB leadership

January 19, 2020

Finance Secretary Carlos Dominguez III lauded outgoing President Takehiko Nakao for his leadership at the helm of the Asian Development Bank (ADB) that has enabled the institution to carry out bold reforms, attune its programs in a technologically driven era,

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PSE index up on Friday, down week-on-week

January 17, 2020

The main Philippine share index closed higher on Friday, but ended lower for the week. The peso settled at P50.831 against the US dollar from P50.715 on Thursday. Volume at the foreign exchange portal of the Bankers Association of the

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PSE index, peso vs dollar end lower

January 16, 2020

The main Philippine share index ended lower on Thursday. The peso settled at P50.831 against the US dollar from Wednesday’s P50.715. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.224 billion from the previous

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Foreign portfolio investment transactions yield net outflows for 2019

January 16, 2020

Transactions on Bangko Sentral ng Pilipinas (BSP)-registered foreign portfolio investments for 2019 yielded net outflows of $1.9 billion as a result of the $18.5 billion outflows and $16.6 billion inflows for the year, the central bank said Thursday Net outflows

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PSE index, peso end lower

January 15, 2020

The main Philippine stock index closed lower on Wednesday. The peso ended at P50.715 against the US dollar from P50.581 on Tuesday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.25 billion from $1.408

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Personal remittances for Jan-Nov 2019 up by 4.1%

January 15, 2020

Personal remittances of Overseas Filipinos (OFs)  in November 2019 grew by two percent year-on year to $ 2.6 billion, the Bangko Sentral ng Pilipinas said Wednesday.  This brings personal remittances for January to November to $30.3 billion, or 4.1 percent

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PSE index ends lower

January 14, 2020

The main Philippine stock index closed lower on Tuesday after trading was suspended on Monday. The peso closed at P50.581 against the US dollar from Friday’s P50. 66. Volume at the foreign exchange portal of the Bankers Association of the

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Increase in current account surplus

January 14, 2020

Containers are unloaded from a vessel at Aomi international container terminal in Tokyo, Japan, 14 January 2020. The current account surplus of Japan increased 75 percent in November 2019 from a year earlier to reach around 1.44 trillion yen (about

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