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Breaking News: Philippines to push social reforms
 
Posted by: OmerOscarAlmenario

Manila :: Philippines | updated 2014-08-01 01:32:33 -0700 | business-news

THE administration of President Benigno Aquino III remains focused on carrying out reforms and solving the country's problems, and is not giving priority to politics, a Philippine official said Thursday. "The President is focusing on the implementation on reforms and...
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Source: The Daily Herald

Manila :: Philippines | updated 2014-07-31 04:05:04 -0700 | business-news

What makes Boughton's shop different is the jewelry she sells has been designed and put together by Boughton or her sister, giving customers a chance to bring home a unique piece. Although the jewelry is made by the sisters, the...
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Breaking News: Philippine central bank raises interest rate
 
Source: The News Tribune

Manila :: Philippines | updated 2014-07-31 04:19:41 -0700 | business-news

Philippines The Philippine central bank has raised its key interest rate by a quarter percentage point to counter inflation. The rate the central bank charges commercial banks for overnight borrowing was Thursday raised to 5.75 percent. Central bank Gov. Amando...
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Source: GMA News

Manila :: Philippines | updated 2014-07-31 08:27:53 -0700 | business-news

Domestic liquidity, or money circulating in the financial system, grew at a slow pace in June as policy measures implemented so far in the year helped moderate the flow of cash, Bangko Sentral ng Pilipinas reported Thursday.   The BSP...
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Source: GMA News

Manila :: Philippines | updated 2014-07-31 04:45:08 -0700 | business-news

Lending by universal and commercial banks was slower at 20.1 percent to P4.015 trillion in June, reflecting the slower flow of money in the financial system, Bangko Sentral ng Pilipinas reported Thursday.   This compares with a 21 percent growth...
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Source: GMA News

Tiwi :: Philippines | updated 2014-07-31 04:45:02 -0700 | business-news

Aboitiz Equity reports first half income sagged on power, banking businesses July 31, 2014 7:28pm Aboitiz Equity Ventures Inc. (AEV) reported net income in the first six months of the year sagged by a fifth, as contributions from power and...
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Source: GMA News

Manila :: Philippines | updated 2014-07-31 14:03:17 -0700 | business-news

Consumers may expect some relief from high costs of living with a rollback in prices of liquefied petroleum gas products by Petron Corp.   Petron, in a post on its Twitter account, said this was due to international LPG contract...
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Source: GMA News

Manila :: Philippines | updated 2014-07-31 03:40:03 -0700 | business-news

The peso softened further against the dollar Thursday as strong US economic growth offset cheers over the key policy rate increase by Bangko Sentral ng Pilipinas.   The local currency depreciated by 4 centavos to 43.46:$1 from 43.42 Wednesday.  ...
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Source: Business World

Manila :: Philippines | updated 2014-07-31 08:26:48 -0700 | business-news

project, inviting interested parties to bid for a P4-billion contract to build and operate an integrated transport terminal in the south of Metro Manila. Prequalification documents for the Integrated Transport System (ITS)-South Terminal deal will be available beginning Aug. 6....
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Source: Business World

Manila :: Philippines | updated 2014-07-31 08:26:41 -0700 | business-news

Monetary Board yesterday in a preemptive move aimed at anchoring persistently elevated inflation expectations. The 25-basis-point increase in the Bangko Sentral ng Pilipinas' (BSP) overnight borrowing and lending rates, to 3.75% and 5.75%, respectively, was the first adjustment since October...
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Source: GMA News

Manila :: Philippines | updated 2014-08-01 02:42:33 -0700 | business-news

Share prices on the Philippine Stock Exchange rebounded from a slump Friday as the shock from the central bank policy rate hike and the overnight drop in US stocks subsided.   The benchmark PSEi rose 29.41 points or 0.43 percent...
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Source: GMA News

Manila :: Philippines | updated 2014-08-01 00:58:50 -0700 | business-news

Clients of BDO Unibank Inc. will not be able to access a number of services on Sunday, Aug.3, the Sy-led bank will go on maintenance shutdown and upgrading activities.   "This is line with BDO's continued efforts to provide the...
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Source: GMA News

Manila :: Philippines | updated 2014-07-31 20:41:38 -0700 | business-news

12am Ayala-led Bank of the Philippine Islands (BPI) said first semester net income fell by a third due to reduced trading gains.   Net income declined by 33 percent to P8.03 billion from P12 billion in the comparable period last...
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Source: GMA News

Naga :: Philippines | updated 2014-07-31 18:23:49 -0700 | business-news

02am Some landowners are delaying the restoration of power in Bicol in the wake of Typhoon Glenda (Rammasun), the National Grid Corp. of the Philippines said Friday...It is unfortunate that these landowners cannot see past their own interests for the...
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