PSE index slightly up, peso advances vs US dollar
October 21, 2019
The main Philippine share index finished slightly higher but the peso advanced against the US dollar on Monday. The peso closed at P51.295 from Friday’s P51.42, Volume at the foreign exchange portal of the Bankers Association of the Philippines reached
PSE index ends lower, peso up vs US dollar
October 18, 2019
The main Philippine share index closed lower but the peso gained against the US dollar on Friday. The peso finished at P51.295 from Thursday’s P51.42. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.036
World Bank sees poverty rate falling below 20% in 2020
October 17, 2019
The World Bank expects poverty rate in the Philippines to fall below 20 percent starting in 2020. In its Macro Poverty Outlook for East Asia and the Pacific report, the World Bank forecast poverty incidence at 20.8 percent by end-2019,
PSE index, peso end higher
October 17, 2019
The main Philippine share index ended higher on Thursday. The peso finished at P51.42 against the US dollar from P51. 595. Volume reached $1.291 billion from the previous day’s $1.159 billion. The Philippine Stock Exchange ( PSE) closed at 7,930.55
Foreign portfolio investment transactions result in net outflows in September
October 17, 2019
Transactions on Bangko Sentral ng Pilipinas -registered foreign portfolio investments for September yielded net outflows of $232 million as a result of the $1.5 billion outflows which more than offset the $1.3 billion inflows for the month. But this net
ADB support to the Philippines to reach record high in 2020–2022
October 17, 2019
The Asian Development Bank’s (ADB) sovereign lending for the Philippines is expected to reach $9.1 billion between 2020 and 2022, as the government seeks to invest more in much-needed infrastructure and pro-poor projects that will merge rural areas into urban
PSE index, peso finish higher
October 16, 2019
The main Philippine share index closed higher on Wednesday. The peso closed at P51.595 against the US dollar from P51.641 on Tuesday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.159 billion from $1.366
Personal remittances reach $22 billion in January-August
October 15, 2019
Personal remittances from Overseas Filipinos (OFs) totalled $2.9 billion in August 2019, 4.2 percent higher than the $2.8 billion in August 2018. This brings personal remittances from January to August to $22 billion, up by 3.6 percent from last years’
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