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. --->
*'''PHL foreign reserves reach $85.18B as of end-July '''
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*'''6% growth target stays '''
*Saturday, August 10, 2019
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*Monday, Septembe 16, 2019  
  
:The Philippines’ gross international reserves (GIR) expanded to P85.18 billion as of end-July 2019 on the back of the central bank’s foreign exchange operations.
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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 from the Bangko Sentral ng Pilipinas (BSP) showed that the GIR level was $25 million more than the $84.93-billion recorded as of end-June 2019 ........... [https://www.gmanetwork.com/news/money/economy/703793/phl-foreign-reserves-reach-85-18b-as-of-end-july/story/<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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*'''Peso 2nd strongest Asian currency '''
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*'''Stocks up, peso stronger'''
*Friday, August 9, 2019
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*Thursday, August 15, 2019  
  
:THE Philippine peso has emerged as the second strongest currency in Asia as of last month, the Department of Finance (DoF) reported on Monday.
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:Share prices ended higher yesterday as investors tracked overseas leads to trade the market.
  
:In an economic bulletin, the Finance department said the local currency appreciated by 2.82 percent against the US dollar year-to-date. It ranked next to the Thai baht, which appreciated by 4.27 percent ........... [https://www.manilatimes.net/peso-2nd-strongest-asian-currency/595591/<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»