Stocks lower, but peso gains vs US dollar
June 25, 2019
Philippine stocks ended lower but the peso closed higher against the US dollar on Tuesday. The peso closed at P51.365 from Monday’s P51.39. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $771.92 million from
Business confidence rose in 2nd quarter: BSP
June 25, 2019
Business outlook improved for the second consecutive quarter in the second quarter, with overall confidence index (Cl) rising to 40.5 percent from 35.2 percent in the first quarter. ”This means that the number of optimists increased and continued to be
Nomura under Fire from Shareholders for Information Leak
June 24, 2019
Tokyo- Nomura Holdings Inc. came under fire from shareholders at a meeting on Monday for a recent scandal involving an information leak, as well as a large annual net loss. Shareholders questioned the responsibility of the current management over the
Stock index flat, but peso gains vs US dollar
June 24, 2019
Philippine stocks ended flat but the peso gained against the US dollar on Monday. The peso ended at P51.645 from P51.89 on Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $829.16 million from
PSE index, peso finish week higher
June 21, 2019
The main Philippine share index remained at the 8,000-point level while the peso gained against the US dollar on Friday. The peso closed at P51.57 from Thursday’s P51.645. Volume at the foreign exchange portal of the Bankers Association of the
EU ambassadors make surprise attendance in Davao investment conference
June 20, 2019
DAVAO CITY – Organizers of the Fifth Davao Investment Conference said they were surprised with the appearance of the ambassadors of European countries when it opened here Thursday. “Apparently, individual European countries are looking at the business and investment opportunities
PSE index flat, peso gains vs US dollar
June 20, 2019
The main Philippine share index ended flat but the peso gained against the US dollar on Thursday. The peso settled at P51.645 from Wednesday’s P51.89. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $829.16
BSP keeps policy rates steady
June 20, 2019
The Monetary Board on Thursday decided to keep the interest rate on the BSP’s overnight reverse repurchase (RRP) facility unchanged at 4.50 percent. In a statement by the Bangko Sentral ng Pilipinas (BSP), the board decided on this as latest
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