Difference between revisions of "Template:Update news"

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<!--- PEARL, YOU MUST INSERT THE DATE OF THE NEWS HERE --->
 
<!--- PEARL, YOU MUST INSERT THE DATE OF THE NEWS HERE --->
 
<!--- YOU MUST ALSO TAKE THE HEADLINE OF THE NEWS THAT YOU ARE ABOUT TO DELETE AND TRANSFER THAT OVER TO THE PAGE "Philippines News". Just follow the same procedure. --->
 
<!--- YOU MUST ALSO TAKE THE HEADLINE OF THE NEWS THAT YOU ARE ABOUT TO DELETE AND TRANSFER THAT OVER TO THE PAGE "Philippines News". Just follow the same procedure. --->
*'''June dollar reserves highest in PH history'''
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*'''6% growth target stays '''
*Saturday, July 6, 2019 5:04 am
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*Monday, Septembe 16, 2019  
  
:Foreign currency inflows pushed the country’s dollar reserves higher in June—their highest level in the Philippines’ history—a development that bodes well for the strength of the peso and industries that buy raw and intermediate materials from abroad.
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:The Department of Finance (DOF) said the government is maintaining its growth target of six percent or higher this year, even as the economy settled at only 5.5 percent growth in the first semester given the delay in the enactment of the 2019 General Appropriations Act (GAA).
  
:Preliminary data showed the country’s gross international reserves (GIR) rose by $0.02 billion to $85.38 billion as of end-June 2019 from $85.36 billion as of end-May 2019, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said on Friday ........... [https://business.inquirer.net/274097/june-dollar-reserves-highest-in-ph-history<font size=4 color=green>Full Story»</font>]
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:Carlos Dominguez, finance secretary, also said to avoid a repeat of the 2019 budget delay, leaders of both the Senate and the House of Representatives are meeting every month to monitor the progress on the budget and the 25 priority bills enumerated in the 4th State-of-the-Nation Address ........... [https://www.malaya.com.ph/business-news/business/6-growth-target-stays<font size=4 color=green>Full Story»</font>]
  
 
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*'''Fitch: Banks to ride PHL’s ‘robust’ growth'''
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*'''Stocks up, peso stronger'''
*Friday, July 5, 2019 12:32 am
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*Thursday, August 15, 2019  
  
:THE PHILIPPINES’ “fairly robust” economic growth — though below official target so far — can be expected to generate profit and expansion opportunities for banks in the country, Fitch Ratings said on Thursday, adding that liquidity conditions will likely ease further due to central bank steps to loosen monetary policy in step with much of the world.
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:Share prices ended higher yesterday as investors tracked overseas leads to trade the market.
  
:Elaine Koh, director for Financial Institutions at Fitch Ratings, said in an e-mailed response to questions that the global debt watcher’s 2019 Philippine projection of “6.2% is still a fairly robust GDP (gross domestic product) growth rate and we expect this to help sustain growth and profit opportunities for banks............ [https://www.bworldonline.com/fitch-banks-to-ride-phls-robust-growth/<font size=4 color=green>Full Story»</font>]
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:The Philippine Stock Exchange index (PSEi) was up 70.20 points to 7,858.65, a 0.9 percent hike ........... [https://www.malaya.com.ph/business-news/business/stocks-peso-stronger<font size=4 color=green>Full Story»</font>]

Latest revision as of 05:02, 16 September 2019

  • 6% growth target stays
  • Monday, Septembe 16, 2019
The Department of Finance (DOF) said the government is maintaining its growth target of six percent or higher this year, even as the economy settled at only 5.5 percent growth in the first semester given the delay in the enactment of the 2019 General Appropriations Act (GAA).
Carlos Dominguez, finance secretary, also said to avoid a repeat of the 2019 budget delay, leaders of both the Senate and the House of Representatives are meeting every month to monitor the progress on the budget and the 25 priority bills enumerated in the 4th State-of-the-Nation Address ........... Full Story»

  • Stocks up, peso stronger
  • Thursday, August 15, 2019
Share prices ended higher yesterday as investors tracked overseas leads to trade the market.
The Philippine Stock Exchange index (PSEi) was up 70.20 points to 7,858.65, a 0.9 percent hike ........... Full Story»