Philippines PSE Composite Index (weekly),20 week exponential average ingreen, 5 week exponential average inred, 52 week ROC (rate of change) inyellow, MACD (moving average convergence divergence) in green.
Philippines PSE Composite Index monthly chart, the red line is a 24 month exaverage, the yellow line is a 6 month exaverage
Philippines Links & Notes:
9/6/2015 Philippine inflation at record low of 0.6% in August
6/3/12 The Philippine economy bounced back from a lackluster performance last year and grew by an unexpected 6.4 % in Q1 of this year.
8/26/10 YoY the Philippine economy grew 7.9% in Q2
1/13/10 The Philippines is planning to import up to 150,000 tons of refined sugar to cover increasing demand amid a shortfall in domestic production, a regulatory official said Wednesday.
11/20/09 Manila Philippines: the usual (annual) rice shortfall is around 1.5 million tons, added to that is the typhoon damage of 850,000 tons, which means our rice imports (next year) will reach around 2.35 million tons," said NFA spokesperson Rex Estoperez
11/16/09 (Bloomberg)The Philippines, the world’s biggest rice buyer, issued its third tender for 2010 supplies after storms damaged crops and the country accelerates imports to secure shipments amid surging prices.. “We have to secure our supplies ahead of everybody else,” Romeo Jimenez, director of the authority, said in a phone interview from Manila today. “India will also be importing rice. Prices will rise.”
10/27/09 (Bloomberg) -- The Philippines, the world’s biggest rice buyer, plans to bring forward imports for 2010 to beat other nations to the market before prices surge and ensure stockpiles aren’t drained, the National Food Authority said.
4/4/08 The Philippine government proposed a law that makes the hoarding of rice a crime punishable by life imprisonment.
1/3/08 The Philippines, the world's biggest importer of rice, plan to buy 550,000 metric tons. Global stockpiles of rice are forecast by the USDA to fall to 72.2 million tons by July, the lowest since 1984.
08/29/05 GDP in the Philippines was up 1.4% in the second quarter and up 4.8% YoY.
12/16/04 The Philadelphia Federal Reserve's index of business activity jumped from 20.7 to 29.6 in December, much stronger than expected.