PSE index lower, peso slightly up vs US dollar
October 25, 2019
The main Philippine share index closed lower while the peso gained slightly against the US dollar on Friday. The peso finished at P51.135 from Thursday’s P51.24. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached
PSE index up, peso lower vs US dollar
October 24, 2019
The main Philippines share index closed slightly higher but the peso was lower against the US dollar on Thursday. The peso ended at P51.24 from P50.97. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached
Monetary Board reduces reserve requirements
October 24, 2019
The Monetary Board (MB) announced Thursday the reduction in the reserve requirement ratio by one percentage point for universal, commercial and thrift banks. The MB complemented the move with a reduction in the reserve requirement for non-bank financial institutions with
Philippines “ease of doing business” improved, but still behind some ASEAN countries – World Bank
October 24, 2019
The Philippines’ ranking in the “ease of doing business” by World Bank has improved by 29 notches to 95th place this year, according to a World Bank report released on Thursday. But despite a significant increase on its ranking, compared
PSE lower, peso closes at P50.97 vs US dollar
October 23, 2019
The main Philippine share index ended lower but the peso finished higher against the US dollar on Wednesday. The peso gained 21 centavos to close at P50.97. Volume at the foreign exchange portal of the Bankers Association of the Philippines
32% of P10 billion RCEF utilized: agri dep’t
October 22, 2019
Agriculture Secretary William Dar on Tuesday said 32 percent of the P10 billion budget have been set aside for the Rice Competitiveness Enhancement Fund (RCEF), which will help farmers. “There are activity or part of the component that have undergone
PSE index up, peso retreats vs US dollar
October 22, 2019
The main Philippine share index gained while the peso lost ground against the US dollar on Tuesday. The peso settled at P51.18 from Monday’s P51.105. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.396
Seven-Eleven Japan Allows Stores to Halt Late-Night Operations
October 22, 2019
Tokyo- In a shift from its around-the-clock store operation policy, Seven-Eleven Japan Co. said Monday that it has decided to allow any of its some 20,000 franchise convenience stores to halt late-night and early-morning operations. In related guidelines, the leading
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