MANILA, June 17 - The Philippines is studying the possibility of issuing five- and 10-year Samurai bonds this year, a Department of Finance official said on Wednesday. Leah de Leon, a Finance undersecretary, told Reuters...
MANILA, June 17 - The Philippines is studying the possibility of issuing as much as $1.5 billion in Samurai bonds this year to cover a budget deficit expected to reach a record high in 2009,...
MANILA, June 15 - Remittances from overseas Filipino workers, a key pillar of the Philippine economy, reached $1.442 billion in April, up 2.2 percent from a year ago, the central bank said on Monday. The...
MANILA, June 15 - The Philippine Bureau of Treasury withdrew its offer for 6 billion pesos ($124 million) worth of 182- and 364-day T-bills on Monday after banks demanded a high premium for the debt...
MANILA, June 15 - The Philippines plans to sell Samurai bonds worth $500 million to partly cover an increased borrowing requirement this year, National Treasurer Roberto Tan said on Monday. The bond issue could cover...
MANILA, June 10 - The Philippine government slashed on Wednesday its economic growth target this year to 0.8-1.8 percent from a previous goal of 3.1-4.1 percent, according to new estimates released by an inter-agency body....
MANILA, June 10 -The Philippines recorded a net outflow of $27 million in foreign investment in March amid the global downturn, causing inflows to fall more than 83 percent in the first quarter from a...
MANILA, June 7 - The Philippine economy, which contracted at its fastest pace in two decades in the first quarter, will not slip into recession this year, central bank Governor Amando Tetangco said at the...
MANILA, June 5 - The Philippine central bank said on Friday scope for further monetary easing continued after annual inflation in May slowed to an 18-month low of 3.3 percent. "This further confirms the central...
MANILA, June 5 - Philippine annual inflation eased to a 18-month low of 3.3 percent in May, below market estimates, the statistics office said on Friday. Inflation in April was at 4.8 percent from a...