May 24, 2018, 1:10 pm
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1 Philippine Peso = 0.07022 UAE Dirham
1 Philippine Peso = 2.04971 Albanian Lek
1 Philippine Peso = 0.03427 Neth Antilles Guilder
1 Philippine Peso = 0.46553 Argentine Peso
1 Philippine Peso = 0.02521 Australian Dollar
1 Philippine Peso = 0.03403 Aruba Florin
1 Philippine Peso = 0.03824 Barbados Dollar
1 Philippine Peso = 1.6174 Bangladesh Taka
1 Philippine Peso = 0.0318 Bulgarian Lev
1 Philippine Peso = 0.00722 Bahraini Dinar
1 Philippine Peso = 33.47954 Burundi Franc
1 Philippine Peso = 0.01912 Bermuda Dollar
1 Philippine Peso = 0.02536 Brunei Dollar
1 Philippine Peso = 0.13117 Bolivian Boliviano
1 Philippine Peso = 0.07028 Brazilian Real
1 Philippine Peso = 0.01912 Bahamian Dollar
1 Philippine Peso = 1.30067 Bhutan Ngultrum
1 Philippine Peso = 0.19226 Botswana Pula
1 Philippine Peso = 382.79159 Belarus Ruble
1 Philippine Peso = 0.0382 Belize Dollar
1 Philippine Peso = 0.02445 Canadian Dollar
1 Philippine Peso = 0.01907 Swiss Franc
1 Philippine Peso = 12.17151 Chilean Peso
1 Philippine Peso = 0.12202 Chinese Yuan
1 Philippine Peso = 54.9522 Colombian Peso
1 Philippine Peso = 10.70612 Costa Rica Colon
1 Philippine Peso = 0.01912 Cuban Peso
1 Philippine Peso = 1.78834 Cape Verde Escudo
1 Philippine Peso = 0.41644 Czech Koruna
1 Philippine Peso = 3.3891 Djibouti Franc
1 Philippine Peso = 0.12076 Danish Krone
1 Philippine Peso = 0.94646 Dominican Peso
1 Philippine Peso = 2.21398 Algerian Dinar
1 Philippine Peso = 0.25367 Estonian Kroon
1 Philippine Peso = 0.34149 Egyptian Pound
1 Philippine Peso = 0.52008 Ethiopian Birr
1 Philippine Peso = 0.01621 Euro
1 Philippine Peso = 0.03927 Fiji Dollar
1 Philippine Peso = 0.01423 Falkland Islands Pound
1 Philippine Peso = 0.01423 British Pound
1 Philippine Peso = 0.08859 Ghanaian Cedi
1 Philippine Peso = 0.89503 Gambian Dalasi
1 Philippine Peso = 172.06501 Guinea Franc
1 Philippine Peso = 0.14027 Guatemala Quetzal
1 Philippine Peso = 3.93289 Guyana Dollar
1 Philippine Peso = 0.15004 Hong Kong Dollar
1 Philippine Peso = 0.45428 Honduras Lempira
1 Philippine Peso = 0.11999 Croatian Kuna
1 Philippine Peso = 1.19751 Haiti Gourde
1 Philippine Peso = 5.1499 Hungarian Forint
1 Philippine Peso = 271.08987 Indonesian Rupiah
1 Philippine Peso = 0.06827 Israeli Shekel
1 Philippine Peso = 1.30228 Indian Rupee
1 Philippine Peso = 22.63862 Iraqi Dinar
1 Philippine Peso = 804.0153 Iran Rial
1 Philippine Peso = 1.99809 Iceland Krona
1 Philippine Peso = 2.38145 Jamaican Dollar
1 Philippine Peso = 0.0135 Jordanian Dinar
1 Philippine Peso = 2.12293 Japanese Yen
1 Philippine Peso = 1.91587 Kenyan Shilling
1 Philippine Peso = 1.30863 Kyrgyzstan Som
1 Philippine Peso = 77.2065 Cambodia Riel
1 Philippine Peso = 7.91109 Comoros Franc
1 Philippine Peso = 17.20841 North Korean Won
1 Philippine Peso = 20.57725 Korean Won
1 Philippine Peso = 0.00577 Kuwaiti Dinar
1 Philippine Peso = 0.01568 Cayman Islands Dollar
1 Philippine Peso = 6.29369 Kazakhstan Tenge
1 Philippine Peso = 159.08222 Lao Kip
1 Philippine Peso = 28.77629 Lebanese Pound
1 Philippine Peso = 3.0153 Sri Lanka Rupee
1 Philippine Peso = 2.55793 Liberian Dollar
1 Philippine Peso = 0.24207 Lesotho Loti
1 Philippine Peso = 0.05829 Lithuanian Lita
1 Philippine Peso = 0.01187 Latvian Lat
1 Philippine Peso = 0.02595 Libyan Dinar
1 Philippine Peso = 0.18017 Moroccan Dirham
1 Philippine Peso = 0.31807 Moldovan Leu
1 Philippine Peso = 0.99293 Macedonian Denar
1 Philippine Peso = 25.85086 Myanmar Kyat
1 Philippine Peso = 45.83174 Mongolian Tugrik
1 Philippine Peso = 0.15455 Macau Pataca
1 Philippine Peso = 6.76864 Mauritania Ougulya
1 Philippine Peso = 0.65679 Mauritius Rupee
1 Philippine Peso = 0.29771 Maldives Rufiyaa
1 Philippine Peso = 13.64149 Malawi Kwacha
1 Philippine Peso = 0.37878 Mexican Peso
1 Philippine Peso = 0.07606 Malaysian Ringgit
1 Philippine Peso = 0.24208 Namibian Dollar
1 Philippine Peso = 6.88337 Nigerian Naira
1 Philippine Peso = 0.59598 Nicaragua Cordoba
1 Philippine Peso = 0.15388 Norwegian Krone
1 Philippine Peso = 2.08185 Nepalese Rupee
1 Philippine Peso = 0.02752 New Zealand Dollar
1 Philippine Peso = 0.00735 Omani Rial
1 Philippine Peso = 0.01912 Panama Balboa
1 Philippine Peso = 0.0627 Peruvian Nuevo Sol
1 Philippine Peso = 0.06117 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.20841 Pakistani Rupee
1 Philippine Peso = 0.06955 Polish Zloty
1 Philippine Peso = 107.60994 Paraguayan Guarani
1 Philippine Peso = 0.06959 Qatar Rial
1 Philippine Peso = 0.07495 Romanian New Leu
1 Philippine Peso = 1.17737 Russian Rouble
1 Philippine Peso = 16.18375 Rwanda Franc
1 Philippine Peso = 0.0717 Saudi Arabian Riyal
1 Philippine Peso = 0.15039 Solomon Islands Dollar
1 Philippine Peso = 0.26023 Seychelles Rupee
1 Philippine Peso = 0.34331 Sudanese Pound
1 Philippine Peso = 0.16581 Swedish Krona
1 Philippine Peso = 0.02562 Singapore Dollar
1 Philippine Peso = 0.01424 St Helena Pound
1 Philippine Peso = 0.42459 Slovak Koruna
1 Philippine Peso = 149.13958 Sierra Leone Leone
1 Philippine Peso = 10.7457 Somali Shilling
1 Philippine Peso = 397.36138 Sao Tome Dobra
1 Philippine Peso = 0.1673 El Salvador Colon
1 Philippine Peso = 9.84665 Syrian Pound
1 Philippine Peso = 0.24215 Swaziland Lilageni
1 Philippine Peso = 0.61434 Thai Baht
1 Philippine Peso = 0.04906 Tunisian Dinar
1 Philippine Peso = 0.04426 Tongan paʻanga
1 Philippine Peso = 0.08746 Turkish Lira
1 Philippine Peso = 0.12714 Trinidad Tobago Dollar
1 Philippine Peso = 0.57119 Taiwan Dollar
1 Philippine Peso = 43.51816 Tanzanian Shilling
1 Philippine Peso = 0.49847 Ukraine Hryvnia
1 Philippine Peso = 71.12811 Ugandan Shilling
1 Philippine Peso = 0.01912 United States Dollar
1 Philippine Peso = 0.59981 Uruguayan New Peso
1 Philippine Peso = 152.58126 Uzbekistan Sum
1 Philippine Peso = 1501.96941 Venezuelan Bolivar
1 Philippine Peso = 435.35373 Vietnam Dong
1 Philippine Peso = 2.08088 Vanuatu Vatu
1 Philippine Peso = 0.0494 Samoa Tala
1 Philippine Peso = 10.62849 CFA Franc (BEAC)
1 Philippine Peso = 0.05163 East Caribbean Dollar
1 Philippine Peso = 10.62849 CFA Franc (BCEAO)
1 Philippine Peso = 1.92218 Pacific Franc
1 Philippine Peso = 4.7782 Yemen Riyal
1 Philippine Peso = 0.24216 South African Rand
1 Philippine Peso = 99.22562 Zambian Kwacha
1 Philippine Peso = 6.91969 Zimbabwe dollar

34's Anniversary Report

TeaM Energy energizes off-grid

January 30, 2017
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IN SITIO Daungang Pari, a small, secluded community in Pagbilao, Quezon, residents are experiencing the benefits of electricity in their households for the very first time as they recently received 29 solar home systems from TeaM Energy Foundation, Inc. (TEFI) through its Light A Home project.

The challenge of sustaining e

January 30, 2017
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Our economy has repeatedly shown that it is strong and resilient, borne out by sustained pursuit of our reform agenda. Even with the various threats to growth and stability in 2016, our economy went on to grow a robust 6.8%, as fourth quarter growth came in at 6.6%. 

The current account surplus is supported by continued foreign exchange inflows from remittances by overseas Filipinos (OFs) as well as business process outsourcing (BPO) revenues and tourism receipts.

The Philippine banking sector remains sound, stable, liquid and well-functioning based on various performance metrics. Among others, bank lending continues to grow at double-digit rates, most of which goes to the productive sector. 

Behind the country’s economic achievements is a long history of structural reforms, disciplined macroeconomic management, and enhanced governance practices. The reforms were challenging, to say the least, but necessary to build institutions that will help ensure a more balanced, more sustainable, and more inclusive growth. 

Ushering in the country’s ‘gol

Myla Iglesias's picture
by Myla Iglesias on January 30, 2017
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“We have a traffic crisis we intend to solve in the next two to three years. The Philippines has had an infrastructure deficit in the last four decades. There is a clamor not only to address the deficiencies but also to propose an infrastructure program that would eventually ease traffic in our major urban centers”

Bullish about business

by Jed Macapagal on January 30, 2017
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SAN MIGUEL CORP. (SMC) president and chief executive officer, Ramon Ang said that he believes that the current administration’s war against drugs is working well for the business community.

Globe Business spearheads Heal

January 30, 2017
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THE year 2016 has been one of adjustment and growth for the country’s healthcare industry.
 

DA eyes increased production

by Jed Macapagal on January 30, 2017
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The department is looking at programs that can help boost production by maximizing the use of farmlands in the country...  We need to review our agricultural planning. We need to be innovative.

“Among the non-traditional areas which may be considered for development as farming sites are Palawan, Samar, Agusan, Zamboanga, Davao, Basilan, and Soccsksargen where the use of hybrid seeds has yet to be fully practiced and where climate is hardly an extreme concern”

“Piñol said the Agricultural Modernization Program aims to provide farmers in 10 model sites nationwide with farm equipment including grains dryer, post-harvest facilities, technical support and institutional development”

“Aside from areas outside typhoon routes, DA also mentioned that it is considering the possibility of turning portions of military reservation areas in the country as agricultural production areas such as Fort Magsaysay (partly pictured) which alone encompasses 46,000 hectares”

Hitting the Sweet Spot

January 30, 2017
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“All that we have neglected we are now in a position to correct. Our debt service load has become more manageable. We have achieved investment-grade ratings. We find ourselves in a global low interest rate regime --- although this might not last for too long. The interest rate regime allows us to access capital to build our industrial base. Our banking system has ample liquidity”

“We are in a good position to maintain 7% GDP growth into the medium term, helped by stronger spending on infrastructure”

No one loves taxes. No one loves the Taxman. But unless the State ensures it has the revenues to support education and public health, close the infra gap and build enough roads to allow our tourism industry to take off, we will continue to languish in the moderate and exclusive growth we saw the last two decades.

This is the breakout moment for our economy. All the megatrends favor a dramatic shift to high, inclusive growth. We need to summon the political will to push the reform program --- or else the fourth factor of a highly popular reformist leadership will be wasted.

BOI, PEZA on investments: Grea

by Irma Isip on January 30, 2017
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“Guided by a new Investment Priorities Plan (IPP) which would have a broader coverage of industries in manufacturing entitled to incentives, the BOI and PEZA have great expectations for a strong 2017, the first full-year of the Duterte administration”

Provided they meet the criteria on investments, employment and technology transfer in support of the government’s Manufacturing Resurgence Program, all manufacturing activities have been qualified by the BOI for incentives.
 

Via revised CTRP: Less overall

by Angela Lorraine Celis on January 30, 2017
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Under the revised CTRP drafted by the Department of Finance, income tax brackets for individuals earning purely compensation income and individuals engaged in business and practice of profession will be simplified, with the aim of lessening the overall tax burden of the poor and the middle class.

“We are redesigning our tax system to be simpler, fairer, and more efficient for all, while also raising the resources needed to invest in our infrastructure and our people. Our goal is to correct our tax system’s inequity”

“Tax administration, which includes improvements in both the BIR and BOC is equally important and is in fact the priority for 2017 before the tax policy reforms are fully implemented in 2018”

Micro-financing for MSMEs: Add

by Irma Isip on January 30, 2017
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The SSF program has provided over P1 billion worth of machinery and equipment. There are now over 2,100 SSFs which have assisted in providing tools and equipment for the common use of MSMEs belonging to business organizations and cooperatives

Priority beneficiaries include microenterprises and entrepreneurs that do not have easy access to credit, or are accessing credit at very high cost, such as, micro-entrepreneurs, market vendors, agri-businessmen and members of cooperatives, industry associations and co-operators.

Pages

Front Page

Column of the Day

Summer ‘Kampf’

Bernard Karganilla's picture
By BERNARD KARGANILLA | May 24,2018
‘Prepare for peace, learn a new skill, prepare for war, enjoy a new hobby: join a summer camp. Life is a struggle (Kampf).’

Opinion of the Day

Passive smoking is more deadly

Philip S. Chua's picture
By PHILIP S. CHUA | May 24, 2018
‘Parents, especially pregnant mothers, should not smoke, but if they have to, they should do it outside the home, and away from people.’