Dominguez lays down five top economic priorities
July 1, 2019
Finance Secretary Carlos Dominguez III said in a pre-SONA (State of the Nation Address) on Monday the economic team has five major priorities under the next three years of the Duterte administration. Dominguez said the top priority is the fast-tracking
PSE up, peso surges to P51.05 vs US dollar
July 1, 2019
The main Philippine stock index gained and the peso surged against the US dollar on Monday. The peso closed at P51.05 from Friday’s P51.24. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $870.2 million
EEI Corp. inks partnership with Japanese firms
July 1, 2019
EEI Corporation, the 88-year old construction arm of the Yuchengco Group of Companies, inked a partnership agreement with Showa Leasing Co., Ltd. of the Shinsei Bank Group, Japan, and Saiga Co., Ltd., Japan. EEI Corp. announced this in a disclosure
Economic managers forge ”bold catch-up plan” to boost GDP goal
July 1, 2019
Finance Secretary Carlos Dominguez III said on Monday that a “bold catch-up plan” was formulated to achieve six percent GDP (Gross Domestic Product) growth for 2019. During the first pre-SONA (State of the Nation Adress) forum in Pasay City, Dominguez
GOCC dividends poised to breach P50-B mark this year – DOF
June 30, 2019
Dividends remitted by government-owned and -controlled corporations (GOCCs) already reached a record amount of P44.69 billion as of mid-June this year, with the Department of Finance (DOF) expecting the total for 2019 to easily surpass the P50-billion mark. Finance Assistant
PSE index falls below 8,000 points, peso surges
June 28, 2019
Philippine stocks lost ground on Friday as the main index ended below the 8,000-point level. But the peso ended at P51.24 from Thursday’s P51.27. Volume at the foreign exchange portal of the Philippine Stock Exchange reached $726.79 million from $876.89
PSE index, peso gain
June 27, 2019
The main Philippine stock index and the peso ended higher on Thursday. The peso closed at P51.27 against the US dollar from P51.50. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $876.87 million from
PSE index, peso decline
June 26, 2019
Philippine stocks and the peso declined on Wednesday. The peso finished at P51.50 from Tuesday’s P51.365 against the US dollar. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $942.71 million from the previous session’s
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