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Philippines: Term deposit rates mixed

MANILA, Philippines — Interest rates on term deposits were mixed yesterday as banks opted for short-term positions pending the results of the rate-setting meetings of the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve. The yield on the seven-day term deposits slipped to 3.1768 percent yesterday from last week’s 3.1893 percent due to […]

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Philippines: Manila slips in quality of living index

MANILA, Philippines — Manila has dropped two notches in the list of cities in the world with the best quality of life, according to the latest survey conducted by consulting firm Mercer. The Philippine capital, previously at 135, tied with Colombo in Sri Lanka at 137 in the 2018 Quality of Living Survey. Austrian capital Vienna […]

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Philippine bond market fastest growing in East Asia – ADB

MANILA, Philippines — The Philippine bond market was the fastest-growing among other debt markets in the Emerging East Asia region in the fourth quarter of 2017, reflecting positive economic growth for the region and increased prospects of higher inflation, the Asian Development Bank (ADB) said. In its latest Asia Bond Monitor, the multilateral development bank […]

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