February 19, 2018, 11:34 am
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1 Philippine Peso = 0.07035 UAE Dirham
1 Philippine Peso = 2.03736 Albanian Lek
1 Philippine Peso = 0.0341 Neth Antilles Guilder
1 Philippine Peso = 0.37852 Argentine Peso
1 Philippine Peso = 0.02417 Australian Dollar
1 Philippine Peso = 0.0341 Aruba Florin
1 Philippine Peso = 0.03831 Barbados Dollar
1 Philippine Peso = 1.58755 Bangladesh Taka
1 Philippine Peso = 0.03006 Bulgarian Lev
1 Philippine Peso = 0.00722 Bahraini Dinar
1 Philippine Peso = 33.54368 Burundi Franc
1 Philippine Peso = 0.01916 Bermuda Dollar
1 Philippine Peso = 0.02532 Brunei Dollar
1 Philippine Peso = 0.13142 Bolivian Boliviano
1 Philippine Peso = 0.06189 Brazilian Real
1 Philippine Peso = 0.01916 Bahamian Dollar
1 Philippine Peso = 1.22893 Bhutan Ngultrum
1 Philippine Peso = 0.18046 Botswana Pula
1 Philippine Peso = 383.5249 Belarus Ruble
1 Philippine Peso = 0.03827 Belize Dollar
1 Philippine Peso = 0.02404 Canadian Dollar
1 Philippine Peso = 0.01774 Swiss Franc
1 Philippine Peso = 11.3659 Chilean Peso
1 Philippine Peso = 0.12153 Chinese Yuan
1 Philippine Peso = 54.27203 Colombian Peso
1 Philippine Peso = 10.83966 Costa Rica Colon
1 Philippine Peso = 0.01916 Cuban Peso
1 Philippine Peso = 1.70268 Cape Verde Escudo
1 Philippine Peso = 0.39128 Czech Koruna
1 Philippine Peso = 3.38755 Djibouti Franc
1 Philippine Peso = 0.115 Danish Krone
1 Philippine Peso = 0.93544 Dominican Peso
1 Philippine Peso = 2.16856 Algerian Dinar
1 Philippine Peso = 0.24138 Estonian Kroon
1 Philippine Peso = 0.33716 Egyptian Pound
1 Philippine Peso = 0.52165 Ethiopian Birr
1 Philippine Peso = 0.01543 Euro
1 Philippine Peso = 0.03813 Fiji Dollar
1 Philippine Peso = 0.01366 Falkland Islands Pound
1 Philippine Peso = 0.01366 British Pound
1 Philippine Peso = 0.08656 Ghanaian Cedi
1 Philippine Peso = 0.89866 Gambian Dalasi
1 Philippine Peso = 172.37548 Guinea Franc
1 Philippine Peso = 0.14054 Guatemala Quetzal
1 Philippine Peso = 3.9364 Guyana Dollar
1 Philippine Peso = 0.14982 Hong Kong Dollar
1 Philippine Peso = 0.45019 Honduras Lempira
1 Philippine Peso = 0.11447 Croatian Kuna
1 Philippine Peso = 1.21437 Haiti Gourde
1 Philippine Peso = 4.80326 Hungarian Forint
1 Philippine Peso = 259.67432 Indonesian Rupiah
1 Philippine Peso = 0.06787 Israeli Shekel
1 Philippine Peso = 1.23063 Indian Rupee
1 Philippine Peso = 22.68199 Iraqi Dinar
1 Philippine Peso = 709.84673 Iran Rial
1 Philippine Peso = 1.91667 Iceland Krona
1 Philippine Peso = 2.39444 Jamaican Dollar
1 Philippine Peso = 0.01355 Jordanian Dinar
1 Philippine Peso = 2.03307 Japanese Yen
1 Philippine Peso = 1.93774 Kenyan Shilling
1 Philippine Peso = 1.30544 Kyrgyzstan Som
1 Philippine Peso = 76.53257 Cambodia Riel
1 Philippine Peso = 7.57567 Comoros Franc
1 Philippine Peso = 17.24138 North Korean Won
1 Philippine Peso = 20.41552 Korean Won
1 Philippine Peso = 0.00573 Kuwaiti Dinar
1 Philippine Peso = 0.01571 Cayman Islands Dollar
1 Philippine Peso = 6.12088 Kazakhstan Tenge
1 Philippine Peso = 158.62069 Lao Kip
1 Philippine Peso = 28.83908 Lebanese Pound
1 Philippine Peso = 2.97165 Sri Lanka Rupee
1 Philippine Peso = 2.44272 Liberian Dollar
1 Philippine Peso = 0.22308 Lesotho Loti
1 Philippine Peso = 0.0584 Lithuanian Lita
1 Philippine Peso = 0.01189 Latvian Lat
1 Philippine Peso = 0.02534 Libyan Dinar
1 Philippine Peso = 0.17539 Moroccan Dirham
1 Philippine Peso = 0.31734 Moldovan Leu
1 Philippine Peso = 0.9454 Macedonian Denar
1 Philippine Peso = 25.42146 Myanmar Kyat
1 Philippine Peso = 45.82375 Mongolian Tugrik
1 Philippine Peso = 0.15425 Macau Pataca
1 Philippine Peso = 6.68582 Mauritania Ougulya
1 Philippine Peso = 0.61303 Mauritius Rupee
1 Philippine Peso = 0.29828 Maldives Rufiyaa
1 Philippine Peso = 13.66743 Malawi Kwacha
1 Philippine Peso = 0.35467 Mexican Peso
1 Philippine Peso = 0.07454 Malaysian Ringgit
1 Philippine Peso = 0.22274 Namibian Dollar
1 Philippine Peso = 6.87739 Nigerian Naira
1 Philippine Peso = 0.59195 Nicaragua Cordoba
1 Philippine Peso = 0.14901 Norwegian Krone
1 Philippine Peso = 1.96697 Nepalese Rupee
1 Philippine Peso = 0.02593 New Zealand Dollar
1 Philippine Peso = 0.00737 Omani Rial
1 Philippine Peso = 0.01916 Panama Balboa
1 Philippine Peso = 0.06225 Peruvian Nuevo Sol
1 Philippine Peso = 0.06025 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.11398 Pakistani Rupee
1 Philippine Peso = 0.0642 Polish Zloty
1 Philippine Peso = 106.68774 Paraguayan Guarani
1 Philippine Peso = 0.06973 Qatar Rial
1 Philippine Peso = 0.07198 Romanian New Leu
1 Philippine Peso = 1.08044 Russian Rouble
1 Philippine Peso = 16.10153 Rwanda Franc
1 Philippine Peso = 0.07184 Saudi Arabian Riyal
1 Philippine Peso = 0.14875 Solomon Islands Dollar
1 Philippine Peso = 0.25546 Seychelles Rupee
1 Philippine Peso = 0.34393 Sudanese Pound
1 Philippine Peso = 0.15255 Swedish Krona
1 Philippine Peso = 0.02511 Singapore Dollar
1 Philippine Peso = 0.01367 St Helena Pound
1 Philippine Peso = 0.4254 Slovak Koruna
1 Philippine Peso = 146.16858 Sierra Leone Leone
1 Philippine Peso = 10.76628 Somali Shilling
1 Philippine Peso = 378.35439 Sao Tome Dobra
1 Philippine Peso = 0.16762 El Salvador Colon
1 Philippine Peso = 9.86552 Syrian Pound
1 Philippine Peso = 0.22276 Swaziland Lilageni
1 Philippine Peso = 0.59923 Thai Baht
1 Philippine Peso = 0.04546 Tunisian Dinar
1 Philippine Peso = 0.04238 Tongan paʻanga
1 Philippine Peso = 0.07167 Turkish Lira
1 Philippine Peso = 0.12904 Trinidad Tobago Dollar
1 Philippine Peso = 0.55669 Taiwan Dollar
1 Philippine Peso = 43.02682 Tanzanian Shilling
1 Philippine Peso = 0.51715 Ukraine Hryvnia
1 Philippine Peso = 69.38697 Ugandan Shilling
1 Philippine Peso = 0.01916 United States Dollar
1 Philippine Peso = 0.54521 Uruguayan New Peso
1 Philippine Peso = 156.47509 Uzbekistan Sum
1 Philippine Peso = 477.73945 Venezuelan Bolivar
1 Philippine Peso = 434.75095 Vietnam Dong
1 Philippine Peso = 2.01916 Vanuatu Vatu
1 Philippine Peso = 0.04802 Samoa Tala
1 Philippine Peso = 10.11303 CFA Franc (BEAC)
1 Philippine Peso = 0.05172 East Caribbean Dollar
1 Philippine Peso = 10.11303 CFA Franc (BCEAO)
1 Philippine Peso = 1.81628 Pacific Franc
1 Philippine Peso = 4.78831 Yemen Riyal
1 Philippine Peso = 0.22279 South African Rand
1 Philippine Peso = 99.41571 Zambian Kwacha
1 Philippine Peso = 6.93295 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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