The peso lost further ground against the US dollar on Tuesday, hitting
a four-month low as investors took positions in the greenback in
anticipation of the outcome of the latest United States Federal Reserve
policy meeting, which just started.
THE Philippine government and aircraft company Airbus are working to
promote the Philippines as a hub for aircraft parts in the region,
Malacanang said on Thursday after President Benigno Aquino 3rd met with
Airbus officials in Paris.
The central bank, maintaining a hawkish stance despite price pressures
appearing to have eased this month, is expecting September inflation to
show a slightly softer bias from the 4.9 percent level where the
indicator has stayed over the two preceding months.
Sixteen top automotive brands showcased their latest vehicles at the
fifth edition of the Philippine International Motor Show (PIMS) at the
World Trade Center in Pasay City (Metro Manila) that opened on Thursday.
Microfinance (MF) has become an integral component of widening access to
finance among poor and low-income households, and although the number
of banks and clients in the sector fell in 2013, loans and deposit
portfolios have increased, the central bank said.