Inflation rose for 2nd month in December to 2.5%
January 7, 2020
Philippine inflation for December climbed for the second month but the average for 2019 landed within the government’s official target. The Philippine Statistics Authority ( PSA) said Tuesday inflation for December went up to 2.5 percent from 1.3 percent on
PSE index down, peso gains vs US dollar
January 7, 2020
The main Philippine share index closed lower while the peso gained against the US dollar on Monday. The peso ended at P50.93 from Friday’s P51.09. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.579
Opening of the Morning Trade Session
January 6, 2020
Officials and guests attend the opening of the morning trade session at the Tokyo Stock Exchanges (TSE) in Tokyo, Japan, 06 January 2020. On the opening day of 2020 New Year trade, the Nikkei Stock Average tumbled over 400 points
Oma Tuna Sells for 193 M. Yen in New Year Auction at Toyosu
January 5, 2020
Tokyo- A 276-kilogram bluefin tuna caught off Oma, Aomori Prefecture, northeastern Japan, sold for 193.2 million yen in the New Year auction at Tokyo’s Toyosu wholesale market on Sunday. The price is second only to last year’s successful bid of
Success of Premyo Bonds marked by upsized issuance, larger prizes to be raffled out in 2020
January 5, 2020
The National Government, through the Bureau of the Treasury (BTr), has successfully raised P4.961 billion from the first-time sale of Premyo Bonds, or over 65 percent higher than the initial issue size of P3 billion. The three-week-long offer period of
PSE index ends short trading week higher
January 3, 2020
The main Philippine share index closed higher on Friday. The peso ended at P51.09 against the US dollar from P50.685 on Thursday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.598 billion from $944.55
Qatar Fund officials eye Philippine cooperation in infra, human capital development
January 3, 2020
Officials of the Qatar Fund for Development (QFFD) have expressed openness in exploring opportunities for development cooperation with the Philippines in the areas of infrastructure and human capital development, according to the Department of Finance (DOF) Friday. Finance Secretary Carlos
Duterte to sign budget bill on Jan. 6, says DBM chief
January 3, 2020
President Rodrigo Duterte is set to sign the P4.1 trillion budget for this year on January 6, Budget Secretary Wendel Avisado said on Friday. In a text message to reporters, Avisado said his office as well as the Office of
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