IMF sees PH economy to grow 5.7% this year
November 18, 2019
The International Monetary Fund has projected the Philippine economy to grow at 5.7 percent this year, lower than the government’s low-end full-year target. The interagency Development Budget Coordination Committee is eyeing 6-7 percent gross domestic product growth for this year.
Foreign portfolio investment transactions yield net inflows in October
November 15, 2019
Transactions on Bangko Sentral ng Pilipinas ( BSP)-registered foreign portfolio investments for October yielded net inflows of $105 million as a result of the $1.25 billion inflows and $1.15 billion outflows for the month. This net inflow is a reversal
PSE index ends week flat
November 15, 2019
The main Philippine share index ended flat on Friday. The peso closed at P50.65 against the US dollar from P50.68. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.116 billion from $1.170 billion. The
PSE index, peso end lower
November 14, 2019
The main Philippine stock index and the peso closed lower on Thursday. The peso closed at P50.82 against the US dollar from P50.73 on Wednesday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.464
PSE index, peso vs US dollar end lower
November 13, 2019
The main Philippine stock index and the peso ended lower on Wednesday. The peso closed at P50.82 against the US dollar from P50.73. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.464 billion from
PSE index, peso vs US dollar end lower
November 11, 2019
The main Philippine stock index and the peso against the US dollar ended lower on Monday. The peso closed at P50.86 from P50.49 on Friday. Volume at the Bankers Association of the Philippines reached $1.046 billion from $789.65 million on
Son of tycoon Lucio Tan passes away
November 11, 2019
The son of billionaire Lucio Tan passed away Monday morning after he collapsed last Saturday during a basketball game in Mandaluyong City. “It is with deep sorrow that I announce the passing of my brother, Lucio ‘Bong’ Tan, Jr. this
PH billionaire John Gokongwei Jr. passes away at 93
November 10, 2019
The founder and Chairman Emeritus of JG Summit Holdings Inc. John Gokongwei Jr. passed away on Saturday. He was 93. In a statement, JG Summit Holdings and Robinsons Retail Holdings confirmed the death of Gokongwei, whom they called “a visionary”.
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