June 27, 2017, 10:07 pm
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Banking And Finance

Building the future: Infrastru

June 26, 2017
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Progress on infrastructure will mean the development of an economic hub. A unified production platform and marketplace will strengthen regional trade and investment activities, and drive trade with the rest of the world.

Continuing journey to a new s

June 26, 2017
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By Nestor A. Espenilla, Jr. 

Incoming Governor, BSP Delivered during the cocktail  reception of the Bankers Association  of the Philippines held at Makati City

Central banks head for the Por

June 26, 2017
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LONDON- The cool shade of the hills above Lisbon will offer leading central bankers an escape from the summer heat in the coming week, but there is little they can do to get away from their differing monetary policy conundrums.

Bullard: Hold off on further

June 26, 2017
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NASHVILLE, Tenn- The Federal Reserve should wait on any further rate increases until it is clear inflation is reliably heading to the Fed’s 2 percent target, St. Louis Fed President James Bullard said on Friday, highlighting the central bank’s struggle over how to weigh a recent slip in the rate of price increases.

Global reinsurers ask EU for m

June 26, 2017
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LONDON- Global reinsurers have written to the European Commission to ask it to ensure mutual access between British and European Union reinsurance markets after Britain leaves the bloc due to worries about market disruption, according to extracts from the letter     seen by Reuters.

Forget euro zone breakup, ste

June 26, 2017
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LONDON- For years the options market that companies and investors use to hedge against big swings in currencies viewed the euro as a bigger political and structural risk than Britain’s pound.

AS IT EXPANDS OVERSEAS: China

June 26, 2017
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HONG KONG- China Merchants Bank Co Ltd (CMB) expects its total private banking assets to grow 20 percent annually over the next five years, as it expands to countries seen as top investment destinations for the wealthy Chinese.
 

BSP sees first current accoun

June 19, 2017
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The current account is expected to be in deficit by $600 million instead of a surplus of $800 million, as the central bank earlier estimated, on expectations of surging imports.  It would be the country’s first current account deficit since 2002.  

External debt declines

June 19, 2017
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Bangko Sentral ng Pilipinas announced that outstanding Philippine external debt stood $73.8 billion as of end-March 2017, reflecting a decline of $958 million or 1.3 percent from the $74.8 billion end-December 2016 level.

Hot money yields net outflows

June 19, 2017
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Registered foreign portfolio investments in May 2017 reached $1.5 billion, reflecting a 12.5 percent increase from the $1.3 billion recorded in the previous month. 

Pages

Front Page

Column of the Day

In flagrant plagiarism

By DEAN DELA PAZ | June 27,2017
‘The concepts of self-plagiarism apply where contractors who rehash material they created for others subsequently charge for the same material and its creative groundwork several times over.’

Opinion of the Day

Clash of clans

By ABIGAIL VALTE | June 27, 2017
‘Until the president emerges from his most recent period of unexplained absence, the question persists: will he mediate and force peace, or won’t he?’