We are sorry, the requested page does not exist
Xinhua Asia-Pacific news summary at 1600 GMT, March 11
SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday. Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports) - - - - VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat.....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
CSC strengthens government workers’ right to organize
The Civil Service Commission has strengthened the policy on government workers’ right to organize as it launched the consolidated rules and regulations on conciliation services, the effectivity of collective negotiation agreements and recognition of national employees’ organizations......»»
British Council strengthens commitment, identifies Philippines as ‘super-priority for 2024
Leveraging the UK's expertise in arts, culture, education and the English language, along with its global network spanning over 100 countries, the British Council has developed a distinctive approach to drive positive change across various sectors in the Philippines. .....»»
Razon unit strengthens exposure in water infrastructure
The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»
President Marcos hopes Ramadan strengthens kinship among Filipinos
As he joined the Muslim community in observance of Ramadan or the holy month of fasting, President Marcos yesterday expressed hope that the religious occasion would “strengthen kinship” among Filipinos......»»
Ruru Madrid learns from action idols, rides high on ratings
Ruru Madrid further strengthens his foothold in the action genre with the GMA Primetime Telebabad show, “Black Rider.” It’s a follow-up to the action and adventure-filled “Lolong,” with the drama-fantasy “The Write One” as, in a way, a breather from the genre and a reminder of his versatility......»»
SEC strengthens push for sustainable finance
The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»
RCBC strengthens sustainable advocacy
Rizal Commercial Banking Corp. has amended its sustainable finance framework, aligning its principles with global standards to promote responsible financing and protect natural resources......»»
Baguio temperature dips as monsoon strengthens
The temperature in Baguio City went down to 13.4 degrees Celsius yesterday as the northeast monsoon or amihan strengthened, affecting most areas in Luzon including Metro Manila, according to state meteorologists......»»
PLDT arm strengthens tieup with Tarlac rural bank
The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»
PLDT arm strengthens partnership with tarlac rural bank
The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»
PH Inflation Expected to Range Between 3.5% to 4.3% in April: BSP
Bangko Sentral ng Pilipinas (BSP) announced on Tuesday that the inflation rate could be at 3.5% to 4.3%. BSP said in a Facebook post that this upward trend is caused by the increasing prices of essential goods and gasoline prices, as well as the depreciation of the peso. “The BSP projects April 2024 inflation to […].....»»
BSP’s ample dollar reserves to keep peso at bay – Nomura
The Bangko Sentral ng Pilipinas is one of the central banks in the region that has enough dollar buffers to defend its currency against the greenback, according to Japanese investment bank Nomura......»»
Fuel price rollback expected this week
MANILA, Philippines — Good news awaits motorists following successive price increases in gasoline as oil companies are tipped to slash local fuel prices by less than a peso this coming week, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel should go down by 30 centavos to 40.....»»
Over 2 mln foreign tourists arrive in Philippines since January
MANILA, April 25 (Xinhua) -- Over 2 million international tourists have visited the Philippines since January this year, the Presidential Communications Office (PCO) said Thursday. Citing data from the Department of Tourism (DOT), the PCO said that 2,010,522 international visitors entered the Southeast Asian country from Jan. 1 to April 24. The data showed that tourism receipts reached 157.62 billion peso.....»»
A stable peso& food security
The past few weeks have been understandably dominated by the standoff between the Philippines and China in the West Philippine Sea......»»
P13.3 billion single biggest drug bust is peanuts
Police love to trumpet multibillion-peso drug busts. Example was last week’s P13.3-billion interdiction of shabu at a checkpoint in Batangas......»»
Boy Tapang binalaan ng BSP dahil sa saranggolang gawa sa P1K bill: Sorry po
PERSONAL na binalaan ng mga kinatawan ng Bangko Sentral ng Pilipinas (BSP) ang YouTuber na si “Boy Tapang” sa kanyang bahay kamakailan. Nag-viral kasi sa social media ang pagpapalipad ng content creator ng saranggola na gawa sa P1,000 peso bills. Mismong si Boy Tapang ang nag-post ng isang video sa kanyang socmed account para ipaalam.....»»
Peso may outperform peer currencies this year
The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»