PSE index up for second straight day
August 29, 2019
The main Philippine stock index ended higher for the second straight day while the peso gained on Thursday. The peso rose to P52.18 from Wednesday’s P52.321. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached
Facebook found to have under reported income in Japan
August 29, 2019
Tokyo–Japanese tax authorities have found Facebook Inc.’s Japan unit failed to declare 500 million yen, or 4.7 million dollars, in taxable income over the two years through December 2017, informed sources said Thursday. Facebook Japan has agreed to correct its
PSE index rebounds from Tuesday’s decline
August 28, 2019
The key Philippine share index rebounded after a hefty loss on Tuesday. The peso closed at P52.321 against the US dollar from P52.26 on the previous day. Volume at the foreign exchange portal of the Bankers Association of the Philippines
PSE index sheds off 1.8 percent, peso flat vs US dollar
August 27, 2019
The main stock index ended lower but the peso finished flat against the US dollar on Tuesday. The peso finished at P52.26 from Friday’s P52.27. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.22
Dominguez cites ADB’s support for ‘Build, Build, Build’
August 26, 2019
Finance Secretary Carlos Dominguez III has underscored the strong partnership between the Philippines and the Asian Development Bank (ADB) as demonstrated by the multilateral institution’s full support for the “Build, Build, Build” program and other initiatives of the Duterte administration.
DOF forming TWG to help Bangsamoro gov’t attain fiscal stability
August 25, 2019
The Department of Finance (DOF) has begun the process of forming a technical working group (TWG) with other national government agencies to assist officials of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) in initially running their economic departments and
PSE index turns around to end higher
August 24, 2019
The main Philippine stock index overcame an early downturn to end higher while the peso ended flat on Friday. The peso finished at P52.27 against the US dollar from P52.255 on Thursday. Volume at the foreign exchange portal of the
Foreign portfolio investment transactions result in net inflows in July
August 22, 2019
Bangko Sentral ng Pilipinas (BSP)-registered investments for July amounted to $1.7 billion, reflecting a 19 percent increase from the $1.4 billion figure in June. About 76.5 percent of investments registered during the month were in PSE-listed securities (pertaining mainly to
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