PSE index flat, peso gains vs US dollar
September 26, 2019
The main Philippine stock index ended flat ahead of the Bangko Sentral ng Pilipinas’ policy rate announcement on Thursday. The peso closed at P52.11 against the US dollar from P52.211. Volume at the foreign exchange portal of the Bankers Association
BSP cuts policy rates by 25 basis points to 4%
September 26, 2019
The Bangko Sentral ng Pilipinas ( BSP) on Thursday cut the interest rate on the overnight repurchase facility by 25 basis points to four percent. The reduction takes effect on September 27, said BSP Governor Ben Diokno in a televised
ADB revises Philippine growth forecast lower for 2019, 2020
September 25, 2019
The Asian Development Bank ( ADB) revised its growth forecast lower for the Philippines to six percent in 2019 and 6.2 percent for 2020. In its latest report issued Wednesday, the ADB said ”the downward revision on growth comes from
PSE index cuts early losses to end flat
September 25, 2019
The main Philippine stock index reduced its early losses to close flat on Wednesday. The peso settled at P52.211 against the US dollar from Tuesday’s P52.15. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached
PSE index ends slightly higher
September 24, 2019
The main Philippine share market ended slightly higher while the peso ended flat against the US dollar on Tuesday. The peso closed at P52.15 from Monday’s P52.185. Volume at the foreign exchange portal of the Bankers Association of the Philippines
JFC completes acquisition of 100% of The Coffee Bean & Tea Leaf
September 24, 2019
Jollibee Foods Corp. (JFC), one of Asia’s largest food service companies, told the Philippine Stock Exchange Tuesday it completed the acquisition of 100 percent of The Coffee Bean & Tea Leaf specialty coffee and tea brand, based in Los Angeles,
PSE index flat, peso declines vs US dollar
September 23, 2019
The main Philippine share index ended flat while the peso declined against the US dollar on Monday. The peso settled at P52.185 from Friday’s 51.86. Volume at the foreign exchange portal at the Bankers Association of the Philippines reached $1,258
Japan Keen to Tap Special Beer Demand during Rugby World Cup
September 22, 2019
Tokyo- Brewers and eateries in Japan are gearing up to tap special demand for beer during the 2019 Rugby World Cup in the country, which is expected to attract some 500,000 visitors from overseas. Earnest efforts are being made to
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