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BSP expects recovery in PHL’s current, financial accounts on better global growth prospects

MANILA–A ranking Bangko Sentral ng Pilipinas (BSP) official expects a recovery of the Philippines’ current and financial accounts in the …

PHP strengthens further vs USD as PSEi ends two-day rally

MANILA—Upsurge of the Philippine peso continued Tuesday after the local currency closed to its almost two-month high against the greenback, …

BSP exec says tax reform proposal a plus for price stability

MANILA—A ranking Bangko Sentral ng Pilipinas (BSP) official said the Finance department’s tax reform proposal will help ensure price stability …

PHP now below 50 to a US dollar

MANILA–Lower-than-expected rise of March 2017 non-farm payrolls (NFP) in the US boosted the Philippine peso and the local equities market …

Investment bank exec eyes visible impact of ASEAN integration on PHL corporates by 2020

MACTAN ISLAND–The on-going economic integration in the Association of Southeast Asian Nations (ASEAN) is forecast to be widely felt in …

PSEi ends three-day rally but PHP remains firm amid risk-off sentiment

MANILA—Profit-taking reigned both in the Philippines’ currency and equities markets on Thursday, resulting in little movement of the peso but …

PHP moves down a bit Tuesday on suspected terrorist attack in Russia

MANILA–Investors took on a risk-off attitude Tuesday after a bomb attack in Russia’s St. Petersburg subway killed 11 persons and …

Rising residential real estate prices not worrisome—BSP official

MANILA—The Bangko Sentral ng Pilipinas (BSP) on Friday reported the slight year-on-year uptick in residential real estate prices in the …

PHL gov’t debts slightly up in end-February ’17

MANILA–The Philippine government’s outstanding liabilities rose 1.5 percent to Php 6.21 trillion in February 2017 from the previous month’s Php …

PHL posts Php 2.22-B budget surplus in January ’17

MANILA—The Philippines posted a budget surplus of Php 2.22 billion in January 2017 after revenues expanded higher than expenditures due …

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