November 25, 2017, 2:28 am
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1 Philippine Peso = 0.07254 UAE Dirham
1 Philippine Peso = 2.22066 Albanian Lek
1 Philippine Peso = 0.03521 Neth Antilles Guilder
1 Philippine Peso = 0.34299 Argentine Peso
1 Philippine Peso = 0.02592 Australian Dollar
1 Philippine Peso = 0.03516 Aruba Florin
1 Philippine Peso = 0.03951 Barbados Dollar
1 Philippine Peso = 1.60589 Bangladesh Taka
1 Philippine Peso = 0.03253 Bulgarian Lev
1 Philippine Peso = 0.00746 Bahraini Dinar
1 Philippine Peso = 34.51185 Burundi Franc
1 Philippine Peso = 0.01976 Bermuda Dollar
1 Philippine Peso = 0.02656 Brunei Dollar
1 Philippine Peso = 0.13552 Bolivian Boliviano
1 Philippine Peso = 0.06373 Brazilian Real
1 Philippine Peso = 0.01976 Bahamian Dollar
1 Philippine Peso = 1.27914 Bhutan Ngultrum
1 Philippine Peso = 0.20568 Botswana Pula
1 Philippine Peso = 395.49586 Belarus Ruble
1 Philippine Peso = 0.03947 Belize Dollar
1 Philippine Peso = 0.0251 Canadian Dollar
1 Philippine Peso = 0.01934 Swiss Franc
1 Philippine Peso = 12.5162 Chilean Peso
1 Philippine Peso = 0.13038 Chinese Yuan
1 Philippine Peso = 58.75346 Colombian Peso
1 Philippine Peso = 11.09502 Costa Rica Colon
1 Philippine Peso = 0.01976 Cuban Peso
1 Philippine Peso = 1.82714 Cape Verde Escudo
1 Philippine Peso = 0.42146 Czech Koruna
1 Philippine Peso = 3.5079 Djibouti Franc
1 Philippine Peso = 0.12329 Danish Krone
1 Philippine Peso = 0.94607 Dominican Peso
1 Philippine Peso = 2.26118 Algerian Dinar
1 Philippine Peso = 0.25918 Estonian Kroon
1 Philippine Peso = 0.34868 Egyptian Pound
1 Philippine Peso = 0.53457 Ethiopian Birr
1 Philippine Peso = 0.01656 Euro
1 Philippine Peso = 0.04139 Fiji Dollar
1 Philippine Peso = 0.01481 Falkland Islands Pound
1 Philippine Peso = 0.01481 British Pound
1 Philippine Peso = 0.09104 Ghanaian Cedi
1 Philippine Peso = 0.92967 Gambian Dalasi
1 Philippine Peso = 177.69657 Guinea Franc
1 Philippine Peso = 0.1449 Guatemala Quetzal
1 Philippine Peso = 4.07922 Guyana Dollar
1 Philippine Peso = 0.15426 Hong Kong Dollar
1 Philippine Peso = 0.46501 Honduras Lempira
1 Philippine Peso = 0.12517 Croatian Kuna
1 Philippine Peso = 1.22145 Haiti Gourde
1 Philippine Peso = 5.16041 Hungarian Forint
1 Philippine Peso = 266.6535 Indonesian Rupiah
1 Philippine Peso = 0.0693 Israeli Shekel
1 Philippine Peso = 1.27625 Indian Rupee
1 Philippine Peso = 23.03437 Iraqi Dinar
1 Philippine Peso = 696.06876 Iran Rial
1 Philippine Peso = 2.03813 Iceland Krona
1 Philippine Peso = 2.47234 Jamaican Dollar
1 Philippine Peso = 0.01397 Jordanian Dinar
1 Philippine Peso = 2.20192 Japanese Yen
1 Philippine Peso = 2.03576 Kenyan Shilling
1 Philippine Peso = 1.37669 Kyrgyzstan Som
1 Philippine Peso = 79.67207 Cambodia Riel
1 Philippine Peso = 8.28586 Comoros Franc
1 Philippine Peso = 17.77953 North Korean Won
1 Philippine Peso = 21.38305 Korean Won
1 Philippine Peso = 0.00596 Kuwaiti Dinar
1 Philippine Peso = 0.0162 Cayman Islands Dollar
1 Philippine Peso = 6.52213 Kazakhstan Tenge
1 Philippine Peso = 164.26314 Lao Kip
1 Philippine Peso = 29.7906 Lebanese Pound
1 Philippine Peso = 3.03635 Sri Lanka Rupee
1 Philippine Peso = 2.46247 Liberian Dollar
1 Philippine Peso = 0.27292 Lesotho Loti
1 Philippine Peso = 0.06023 Lithuanian Lita
1 Philippine Peso = 0.01226 Latvian Lat
1 Philippine Peso = 0.02699 Libyan Dinar
1 Philippine Peso = 0.18541 Moroccan Dirham
1 Philippine Peso = 0.34526 Moldovan Leu
1 Philippine Peso = 1.01442 Macedonian Denar
1 Philippine Peso = 26.92612 Myanmar Kyat
1 Philippine Peso = 48.20229 Mongolian Tugrik
1 Philippine Peso = 0.15888 Macau Pataca
1 Philippine Peso = 6.91426 Mauritania Ougulya
1 Philippine Peso = 0.68451 Mauritius Rupee
1 Philippine Peso = 0.30047 Maldives Rufiyaa
1 Philippine Peso = 14.14757 Malawi Kwacha
1 Philippine Peso = 0.36633 Mexican Peso
1 Philippine Peso = 0.0813 Malaysian Ringgit
1 Philippine Peso = 0.27483 Namibian Dollar
1 Philippine Peso = 7.03279 Nigerian Naira
1 Philippine Peso = 0.60352 Nicaragua Cordoba
1 Philippine Peso = 0.16042 Norwegian Krone
1 Philippine Peso = 2.04563 Nepalese Rupee
1 Philippine Peso = 0.02867 New Zealand Dollar
1 Philippine Peso = 0.0076 Omani Rial
1 Philippine Peso = 0.01976 Panama Balboa
1 Philippine Peso = 0.06392 Peruvian Nuevo Sol
1 Philippine Peso = 0.06337 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.07685 Pakistani Rupee
1 Philippine Peso = 0.0697 Polish Zloty
1 Philippine Peso = 111.98933 Paraguayan Guarani
1 Philippine Peso = 0.07516 Qatar Rial
1 Philippine Peso = 0.07679 Romanian New Leu
1 Philippine Peso = 1.15428 Russian Rouble
1 Philippine Peso = 16.47807 Rwanda Franc
1 Philippine Peso = 0.07408 Saudi Arabian Riyal
1 Philippine Peso = 0.15686 Solomon Islands Dollar
1 Philippine Peso = 0.26162 Seychelles Rupee
1 Philippine Peso = 0.13157 Sudanese Pound
1 Philippine Peso = 0.16365 Swedish Krona
1 Philippine Peso = 0.02658 Singapore Dollar
1 Philippine Peso = 0.01482 St Helena Pound
1 Philippine Peso = 0.43868 Slovak Koruna
1 Philippine Peso = 150.13829 Sierra Leone Leone
1 Philippine Peso = 11.00356 Somali Shilling
1 Philippine Peso = 406.44806 Sao Tome Dobra
1 Philippine Peso = 0.17286 El Salvador Colon
1 Philippine Peso = 10.17345 Syrian Pound
1 Philippine Peso = 0.27485 Swaziland Lilageni
1 Philippine Peso = 0.6448 Thai Baht
1 Philippine Peso = 0.04877 Tunisian Dinar
1 Philippine Peso = 0.04522 Tongan paʻanga
1 Philippine Peso = 0.07781 Turkish Lira
1 Philippine Peso = 0.13097 Trinidad Tobago Dollar
1 Philippine Peso = 0.5918 Taiwan Dollar
1 Philippine Peso = 44.15251 Tanzanian Shilling
1 Philippine Peso = 0.53121 Ukraine Hryvnia
1 Philippine Peso = 71.55275 Ugandan Shilling
1 Philippine Peso = 0.01976 United States Dollar
1 Philippine Peso = 0.57349 Uruguayan New Peso
1 Philippine Peso = 159.22561 Uzbekistan Sum
1 Philippine Peso = 0.19705 Venezuelan Bolivar
1 Philippine Peso = 448.93324 Vietnam Dong
1 Philippine Peso = 2.09581 Vanuatu Vatu
1 Philippine Peso = 0.05077 Samoa Tala
1 Philippine Peso = 10.85875 CFA Franc (BEAC)
1 Philippine Peso = 0.05334 East Caribbean Dollar
1 Philippine Peso = 10.88937 CFA Franc (BCEAO)
1 Philippine Peso = 1.96543 Pacific Franc
1 Philippine Peso = 4.93678 Yemen Riyal
1 Philippine Peso = 0.27485 South African Rand
1 Philippine Peso = 102.51877 Zambian Kwacha
1 Philippine Peso = 7.14935 Zimbabwe dollar

Duterte calls for equality among APEC members

PRESIDENT Duterte yesterday urged the Asia-Pacific Economic Cooperation (APEC) member economies to address globalization concerns like inequality to enable developing countries to catch up with more progressive and economically successful nations.

The President, in addressing the APEC CEO Summit held in Da Nang in Vietnam, said he intends to raise the issue of globalization during the Association of Southeast Asian Nations (Asean) summit to be held in Manila and Clark  Freeport Zone. The Philippines is the chairman of Asean this year.

Duterte said the issue of globalization must be addressed now and it should start in APEC and Asean.

He said it behooves the nations to ensure that the more developed countries assist the developing nations especially in their capacity-building to enable them to catch up and have better access to the world market.

The President acknowledged, in his prepared speech, that globalization has been generally beneficial for the world economy but added that there have been adverse effects as well.

“Globalization to a certain extent has really damaged poor economies. Globalization, by itself, is the deprivation of some and those that we call ‘left behind’. There has to be some remedial measures,” Duterte said in the forum that followed his address.

He said the United States, despite being a first world country and super power, is one of the first victims of globalization.

He cited the recent pullout of some manufacturing companies and its transfer to countries with “large population which has lots of talents,” and “cheaper and a more viable business, (and) lower taxes” like China.

He said even American President Donald Trump recognized this, which is why he is trying to lure the companies back to the US.

The President said the Philippines, while still a developing nation, has also been affected by globalization citing a “brain drain” of talented Filipinos who left to live and work in more developed countries.

Duterte, highlighting the ushering of the “Golden Age” of infrastructure in the Philippines, said there in a “boom” in the real-estate and infrastructure industries in the country, “but it has to find the workers. And that leaves us behind in terms of how long it would take you to complete a project because then you have to scrape the bottom to find out who can work with us.”

He also cited the lost opportunities for some Southeast Asian nations that export raw materials to industrialized countries where they are processed and sold as finished products for higher prices.

After the event, the President met with members of the APEC Business Advisory Council (ABAC) Philippines and Philippine Special Envoy to APEC Jose de Venecia, Jr.

He also met with Vietnam President Tran Đai Quang, as host of this year’s APEC, and Papua New Guinea Prime Minister Peter O’neill, whose country will host the 2018 APEC conference.

On Friday, Duterte will attend the welcome ceremony and plenary session of the APEC ABAC Dialogue with the APEC Leaders and an APEC– Asean informal dialogue. 

CANDID MEET

Presidential spokesman Harry Roque Jr. said Duterte and US President Donald Trump are expected to have “candid and productive discussions on matters of shared interest” during the APEC summit and the Asean meeting that will follow.

Roque made the statement after American lawmakers Randy Hultgren and James McGovern asked Trump to “impress upon President Duterte, the United States’ profound concern” over alleged drug-related killings and human rights violations during their meeting.

He said Malacañang cannot comment on the call of the two lawmakers, which was reportedly done through a letter addressed to the American President, as it is an internal matter to the US government.

Hultgren, a lawmaker from Illinois, and McGovern, a representative from Massachusetts, are co-chairmen of a US congressional panel on human rights.

Roque, however, expressed belief that Duterte and Trump have already developed “a warm rapport, and can have candid and productive discussions on matters of shared interest” when they finally meet.

Roque reiterated that the Philippines adheres to the rule of law and that the country remains “firm” to its commitment to the protection of human rights.

“The government is investigating allegations of so-called extra-judicial killings, including homicide cases with drug-related motives. Ongoing investigations include the conduct of public congressional hearings. All these are undertaken precisely to ensure that due process and the rule of law prevails despite the Philippines’ significant drug problem,” he added.

Duterte and Trump are expected to meet for the first time on the sidelines of the APEC in Vietnam on Friday.

A formal bilateral meeting between the two leaders has also been scheduled during the Asean summit in the Philippines next week.

Duterte, before flying to Vietnam, had said he would not allow any foreign nations, including the US, to dictate the country’s agenda.

TRADE TALKS

Ministers from Asia-Pacific countries ended their meeting on Thursday with a “very good outcome”, despite differing views on trade and protectionism, Vietnamese Trade Minister Tran Tuan Anh told a news conference.

Talks among trade and foreign ministers from Asia Pacific Economic Cooperation (APEC) countries on a communique for leaders were extended into a second day in the face of U.S. demands for changes to the language used concerning issues such as free trade and protectionism, officials at the talks said. – With Reuters
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