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Peso keeps ground vs USD, PSEi down

MANILA — The Philippine peso closed Monday firm against the greenback but the main equities gauge finished in the red. The …

UCPB hails lifting of TRO vs EOs on coco levy

MANILA — The United Coconut Planters Bank (UCPB) on Monday hailed the recent Supreme Court (SC) decision to lift the Temporary …

Strong fiscal performance needed to lift PH growth: economist

MANILA — An economist of ING Bank Manila said the August 2017 fiscal report of the Philippine government “did not disappoint” …

T-bill rates down this week due to strong demand

MANILA — Strong demand for the Philippines Treasury bills (T-bills) resulted in the drop of the debt papers’ average rate Monday. …

Max’s Restaurant to open first branch in Winnepeg, Canada next year

MANILA— Philippine-based Max’s Restaurant plans to expand its presence in North America by partnering with Canadian Alibin Group Inc. In a …

Insurance exec optimistic on insurance growth in PH

MANILA— An official of an insurance company is optimistic on the continued rise of insurance penetration in the Philippines as …

PHL 7-year T-bond rate down due to high demand

MANILA  – – Average rate of the Philippines’ seven-year Treasury bond (T-bond) fell Tuesday on higher demand from market players …

PH to register Panda bonds with China’s investors’ group soon

MANILA  – – The Philippine government will  “soon” register its planned Panda bond  with China’s National Association of Financial  Market …

PSEi starts week up, peso barely flat vs. USD

MANILA— An enhanced investors’ risk sentiment boosted the Philippines’ main stocks gauge on Monday to the 8,000-level but the peso …

ING Bank economist eyes PH’s August ’17 inflation at 2.9%

MANILA— An economist of ING Bank Manila continues to see manageable inflation in the Philippines, with the August 2017 level …

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