Philippine economy slows to 5.5% in Q2
August 8, 2019
The Philippine economy grew 5.5 percent in the second quarter, the lowest growth out turn in four years, Socioeconomic Planning Secretary Ernesto Pernia said on Thursday. The April to June gross domestic product growth was lower than the 6.2 percent
Economy grew 5.5%, slowest in 17 quarters
August 8, 2019
The Philippine economy grew at its slowest pace in four years, the Philippine Statistics Authority ( PSA) said Thursday. Gross domestic product grew 5.5 percent compared for the first quarter’s 5.6 percent. Socioeconomic Planning Secretary Ernesto Pernia said growth lagged
PSE index up, peso dips vs US dollar
August 7, 2019
The main Philippine stock index rose but the peso declined against the US dollar on Wednesday, a day before the government announces second quarter growth figures. The peso finished at P52.32 from Tuesday’s P51.995. Volume at the foreign exchange portal
Gross international reserves rose to $85.18 billion in July
August 7, 2019
Preliminary data showed that gross international reserves (GIR) rose by $0.25 billion to $85.18 billion as of end-July from $84.93 billion as of end-June. This was announced by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno Wednesday. The month-on-month increase
PSE index, peso lost ground despite good inflation report
August 7, 2019
The main Philippine share index and the peso fell despite a favorable inflation report on Tuesday. The peso settled at P51.955 against the US from Monday’s P51.79. Volume at the foreign exchange portal of the Bankers Association of the Philippines
PSE index, peso decline
August 5, 2019
The key Philippine share index fell nearly three percent and the peso declined against the US dollar on Monday. The peso closed at P51.79 from Friday’s P51.43. Volume at the foreign exchange portal of the Bankers Association of the Philippines
DOF, Tax Academy tapped to guide BARMM execs on fiscal matters
August 4, 2019
Secretary Carlos Dominguez III has directed key officials of the Department of Finance (DOF) led by Undersecretary Gil Beltran to guide executives of the new Bangsamoro government in running their finance and budget departments as well as in crafting sound
PSE index, peso close lower
August 2, 2019
The main Philippine stock index ended lower and the peso lost 23 centavos against the US dollar to end at P51,43 on Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.268 billion from
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