May inflation rate falls within gov’t target range of 2-4%: BSP
June 5, 2019
Headline inflation increased to 3.2 percent year-on-year in May from 3.0 percent in the previous month, but resulting year-to-date average of 3.6 percent remains within the government’s inflation target range of 3 percent, the Bangko Sentral ng Pilipinas ( BSP)
Stock index down, peso gains vs US dollar
June 5, 2019
Philippine stocks ended lower on Tuesday as the main index shed its gains the previous day to close below the 8,000-point level. But the peso gained with P51.78 from Monday’s P51.91. Volume at the foreign exchange portal of the Bankers
Stock index breaks 8,000 point mark, peso surges
June 3, 2019
Philippine shares rose while the peso gained against the US dollar on Monday, the first trading day of June. The peso closed at P51.91 from Friday’s P52.16. Volume at the foreign exchange portal of the Bankers Association of the Philippines
Non-passage of new sin taxes to make UHC “a third-class” law
June 2, 2019
The Universal Health Care (UHC) Act will be downgraded from being a first-class law to a third-rate one, with its implementation either failing to equitably serve all Filipinos or its benefits severely limited, if the outgoing Congress is unsuccessful in
Bank lending grew in April: BSP
June 1, 2019
Preliminary data show that outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas (BSP), grew at a slightly slower rate of 12.7 percent in April from 12.9 percent (revised) in
PSE index, peso end second quarter higher
May 31, 2019
The main share index ended higher on Friday, the final trading day of the second quarter. The peso closed P 52.16 against the US dollar from P 52.19 on Thursday. Volume at the foreign exchange portal of the Bankers Association
Philippines, Japan to explore peso-yen direct trading framework
May 31, 2019
Bangko Sentral ng Pilipinas Gov. Benjamin Diokno and Minister Taro Aso, the Ministry of Finance of Japan signed Friday a Letter of Intent signifying the mutual interest of the BSP and JMOF to explore the establishment of a Japanese Yen
PSE index, peso gain
May 30, 2019
The main share index rose and the peso gained against the US dollar on Thursday. The peso finished at P52.19 from Wednesday’s P52.35. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $892.15 million
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