PSE index ends lower, peso flat vs US dollar
November 21, 2019
The main Philippine share index ended lower while the peso was flat against the US dollar on Thursday. The peso settled at P50.865 from Wednesday’s P50.87. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached
PSE index lower, peso slightly up vs US dollar
November 20, 2019
The main Philippine share index ended lower while the peso was slightly higher against the US dollar on Wednesday. The peso settled at P50.87 from P50.90 on Tuesday. Volume at the foreign exchange portal of the Bankers Association of the
FY 2019 extra budget needs to be around 10 T. Yen: Nikai
November 19, 2019
Tokyo–Toshihiro Nikai, secretary-general of Japan’s ruling Liberal Democratic Party, said Tuesday the government should draw up a fiscal 2019 supplementary budget worth around 10 trillion yen in terms of project scale. Speaking at a press conference, Nikai said that the
Tokyo ranked third in Global Attractiveness Rankings
November 19, 2019
Tokyo–Tokyo was ranked third among 48 major cities in the world in terms of their ability to attract people, capital and companies, a Japanese think tank said Tuesday. London topped the annual Global Power City Index rankings of the Mori
FOCUS: Sense of crisis over GAFA behind Yahoo Japan-line integration
November 19, 2019
Tokyo–A sense of crisis about the strength of overseas information technology giants such as Amazon.com Inc. apparently hurried Yahoo Japan Corp.’s parent, Z Holdings Corp. , and free messaging app provider Line Corp. into deciding on their business integration to
Chances of inflation hitting 2 percent “extremely slim: BOJ Chief
November 19, 2019
Tokyo–The Bank of Japan now sees “extremely slim” chances of inflation rising to its target of 2 pct by the end of fiscal 2021, BOJ Governor Haruhiko Kuroda said Tuesday. “The possibility of achieving (the inflation target) during fiscal 2021
Overall BOP posts $163m surplus in October
November 19, 2019
The overall balance of payments (BOP) position posted a surplus of $163 million in October, a reversal from the $458 million BOP deficit recorded in the same month last year. Inflows reflected the increase in the National Government’s net foreign
PCC slaps Grab with P23-M fine; asks to refund riders P5M
November 18, 2019
The Philippine Competition Commission (PCC) on Monday ordered Grab Philippines to refund P5.05 million to its affected riders after it was slapped with P23.45 fine for overcharging. “The PCC has imposed a total fine of P23.45 million on Grab for
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