October 31, 2014, 1:21 pm
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1 Philippine Peso = 0.08206 UAE Dirham
1 Philippine Peso = 2.44113 Albanian Lek
1 Philippine Peso = 0.03999 Neth Antilles Guilder
1 Philippine Peso = 0.18993 Argentine Peso
1 Philippine Peso = 0.02524 Australian Dollar
1 Philippine Peso = 0.03999 Aruba Florin
1 Philippine Peso = 0.04468 Barbados Dollar
1 Philippine Peso = 1.73056 Bangladesh Taka
1 Philippine Peso = 0.03439 Bulgarian Lev
1 Philippine Peso = 0.00842 Bahraini Dinar
1 Philippine Peso = 34.89723 Burundi Franc
1 Philippine Peso = 0.02234 Bermuda Dollar
1 Philippine Peso = 0.02842 Brunei Dollar
1 Philippine Peso = 0.15438 Bolivian Boliviano
1 Philippine Peso = 0.05522 Brazilian Real
1 Philippine Peso = 0.02234 Bahamian Dollar
1 Philippine Peso = 1.37008 Bhutan Ngultrum
1 Philippine Peso = 0.20347 Botswana Pula
1 Philippine Peso = 239.61126 Belarus Ruble
1 Philippine Peso = 0.04457 Belize Dollar
1 Philippine Peso = 0.02495 Canadian Dollar
1 Philippine Peso = 0.02117 Swiss Franc
1 Philippine Peso = 12.93342 Chilean Peso
1 Philippine Peso = 0.13658 Chinese Yuan
1 Philippine Peso = 45.99419 Colombian Peso
1 Philippine Peso = 12.07775 Costa Rica Colon
1 Philippine Peso = 0.02234 Cuban Peso
1 Philippine Peso = 1.90684 Cape Verde Escudo
1 Philippine Peso = 0.48759 Czech Koruna
1 Philippine Peso = 4.06613 Djibouti Franc
1 Philippine Peso = 0.13063 Danish Krone
1 Philippine Peso = 0.97777 Dominican Peso
1 Philippine Peso = 1.86193 Algerian Dinar
1 Philippine Peso = 0.27455 Estonian Kroon
1 Philippine Peso = 0.15977 Egyptian Pound
1 Philippine Peso = 0.44793 Ethiopian Birr
1 Philippine Peso = 0.01755 Euro
1 Philippine Peso = 0.04251 Fiji Dollar
1 Philippine Peso = 0.01384 Falkland Islands Pound
1 Philippine Peso = 0.01385 British Pound
1 Philippine Peso = 0.072 Ghanaian Cedi
1 Philippine Peso = 0.9618 Gambian Dalasi
1 Philippine Peso = 157.05987 Guinea Franc
1 Philippine Peso = 0.17003 Guatemala Quetzal
1 Philippine Peso = 4.59562 Guyana Dollar
1 Philippine Peso = 0.17331 Hong Kong Dollar
1 Philippine Peso = 0.47598 Honduras Lempira
1 Philippine Peso = 0.13449 Croatian Kuna
1 Philippine Peso = 1.02126 Haiti Gourde
1 Philippine Peso = 5.41689 Hungarian Forint
1 Philippine Peso = 272.89991 Indonesian Rupiah
1 Philippine Peso = 0.0838 Israeli Shekel
1 Philippine Peso = 1.36819 Indian Rupee
1 Philippine Peso = 25.98414 Iraqi Dinar
1 Philippine Peso = 597.1403 Iran Rial
1 Philippine Peso = 2.708 Iceland Krona
1 Philippine Peso = 2.51408 Jamaican Dollar
1 Philippine Peso = 0.01585 Jordanian Dinar
1 Philippine Peso = 2.41696 Japanese Yen
1 Philippine Peso = 1.9962 Kenyan Shilling
1 Philippine Peso = 1.26194 Kyrgyzstan Som
1 Philippine Peso = 91.04111 Cambodia Riel
1 Philippine Peso = 8.63107 Comoros Franc
1 Philippine Peso = 20.10724 North Korean Won
1 Philippine Peso = 23.41711 Korean Won
1 Philippine Peso = 0.00646 Kuwaiti Dinar
1 Philippine Peso = 0.01832 Cayman Islands Dollar
1 Philippine Peso = 4.04323 Kazakhstan Tenge
1 Philippine Peso = 179.74754 Lao Kip
1 Philippine Peso = 33.8025 Lebanese Pound
1 Philippine Peso = 2.92449 Sri Lanka Rupee
1 Philippine Peso = 1.88785 Liberian Dollar
1 Philippine Peso = 0.24274 Lesotho Loti
1 Philippine Peso = 0.06059 Lithuanian Lita
1 Philippine Peso = 0.01147 Latvian Lat
1 Philippine Peso = 0.02698 Libyan Dinar
1 Philippine Peso = 0.19425 Moroccan Dirham
1 Philippine Peso = 0.32875 Moldovan Leu
1 Philippine Peso = 1.08065 Macedonian Denar
1 Philippine Peso = 22.47542 Myanmar Kyat
1 Philippine Peso = 41.34272 Mongolian Tugrik
1 Philippine Peso = 0.17851 Macau Pataca
1 Philippine Peso = 6.49911 Mauritania Ougulya
1 Philippine Peso = 0.70822 Mauritius Rupee
1 Philippine Peso = 0.34406 Maldives Rufiyaa
1 Philippine Peso = 10.36707 Malawi Kwacha
1 Philippine Peso = 0.30035 Mexican Peso
1 Philippine Peso = 0.07316 Malaysian Ringgit
1 Philippine Peso = 0.24341 Namibian Dollar
1 Philippine Peso = 3.70085 Nigerian Naira
1 Philippine Peso = 0.58925 Nicaragua Cordoba
1 Philippine Peso = 0.14774 Norwegian Krone
1 Philippine Peso = 2.21738 Nepalese Rupee
1 Philippine Peso = 0.02821 New Zealand Dollar
1 Philippine Peso = 0.0086 Omani Rial
1 Philippine Peso = 0.02234 Panama Balboa
1 Philippine Peso = 0.06517 Peruvian Nuevo Sol
1 Philippine Peso = 0.05637 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.30228 Pakistani Rupee
1 Philippine Peso = 0.07399 Polish Zloty
1 Philippine Peso = 103.21392 Paraguayan Guarani
1 Philippine Peso = 0.08136 Qatar Rial
1 Philippine Peso = 0.07758 Romanian New Leu
1 Philippine Peso = 0.94819 Russian Rouble
1 Philippine Peso = 15.42672 Rwanda Franc
1 Philippine Peso = 0.08382 Saudi Arabian Riyal
1 Philippine Peso = 0.16562 Solomon Islands Dollar
1 Philippine Peso = 0.31496 Seychelles Rupee
1 Philippine Peso = 0.12695 Sudanese Pound
1 Philippine Peso = 0.16386 Swedish Krona
1 Philippine Peso = 0.02842 Singapore Dollar
1 Philippine Peso = 0.01384 St Helena Pound
1 Philippine Peso = 0.49611 Slovak Koruna
1 Philippine Peso = 96.62645 Sierra Leone Leone
1 Philippine Peso = 17.37042 Somali Shilling
1 Philippine Peso = 429.51296 Sao Tome Dobra
1 Philippine Peso = 0.19542 El Salvador Colon
1 Philippine Peso = 3.66399 Syrian Pound
1 Philippine Peso = 0.24359 Swaziland Lilageni
1 Philippine Peso = 0.72487 Thai Baht
1 Philippine Peso = 0.04014 Tunisian Dinar
1 Philippine Peso = 0.04407 Tonga Pa'ang
1 Philippine Peso = 0.0493 Turkish Lira
1 Philippine Peso = 0.14134 Trinidad Tobago Dollar
1 Philippine Peso = 0.67962 Taiwan Dollar
1 Philippine Peso = 38.17024 Tanzanian Shilling
1 Philippine Peso = 0.28943 Ukraine Hryvnia
1 Philippine Peso = 60.54513 Ugandan Shilling
1 Philippine Peso = 0.02234 United States Dollar
1 Philippine Peso = 0.5429 Uruguayan New Peso
1 Philippine Peso = 53.26139 Uzbekistan Sum
1 Philippine Peso = 0.14048 Venezuelan Bolivar
1 Philippine Peso = 474.64254 Vietnam Dong
1 Philippine Peso = 2.18722 Vanuatu Vatu
1 Philippine Peso = 0.05397 Samoa Tala
1 Philippine Peso = 11.50809 CFA Franc (BEAC)
1 Philippine Peso = 0.06032 East Caribbean Dollar
1 Philippine Peso = 11.53932 CFA Franc (BCEAO)
1 Philippine Peso = 2.08892 Pacific Franc
1 Philippine Peso = 4.80016 Yemen Riyal
1 Philippine Peso = 0.24232 South African Rand
1 Philippine Peso = 115.94057 Zambian Kwacha
1 Philippine Peso = 8.08534 Zimbabwe dollar

Philex sets P14B stock rights offer

Philex Mining Corp. yesterday said it is pushing through with its P13.81 billion stock rights offering. The money will be used to repay loans  and fund its capital expenditures.
 
Philex said the Securities and Exchange Commission (SEC) has already served notice of the filing of Philex’s registration statement which will pave the way for the rights offering to shareholders of record as of October 16, 2013.
 
The firm had to shelve the rights offering since operations at its Padcal mine was still suspended due to a tailings dam spill.
 
The registration statement was filed last March when government regulators allowed it to temporarily resume operations so it can shore up its tailings dam. The temporary lifting has been extended after its July deadline.
 
The net proceeds from the stock offer will be used by the company for the repayment of loans from the First Pacific Group, capital expenditures and exploration costs related to existing projects, primarily the Silangan project and the Kalayaan project, and general corporate purposes.
 
Philex Mining borrowed P2.1 billion from majority shareholder First Pacific Co. Limited last November to repair the Padcal tailings dam and to finance the Silangan project.
 
Philex Mining earlier said it was on-track to start production in its Silangan Project by 2017.
 
 The project covers the Boyongan and Bayugo deposits, which are currently under prefeasibility study.
 
The Silangan project aims to produce 35,000 to 60,000 tons per day the firm’s other Greenfield projects are seen to produce about another 15,000 tons per day once they start operations.1
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Column of the Day

Finally, it’s final; Or so we hope

By AMADO P. MACASAET | October 31,2014
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‘Mr. Aquino’s commitment not to run again is his greatest political contribution to his country and people.’

Opinion of the Day

PAMUSA writes

By DUCKY PAREDES | October 31, 2014
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 ‘Has the VP been elevated to a position not subject to scrutiny by fellow politicians who may be similarly eyeing the presidency in 2016?’