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Global shares mixed over concerns about oil tankers, trade

This is a file image of various stocks. Yuri Kageyama, The Associated Press Published Thursday, June 13, 2019 11:36PM EDT Last Updated Friday, June 14, 2019 4:50AM EDT TOKYO — Global shares were mixed Friday as investors weighed a variety of factors, including alleged attacks on two tankers in the …

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Crude oil production to reach 5.86M barrels per day by 2035: CAPP

Pumpjacks at work pumping crude oil near Halkirk, Alta., June 20, 2007. (Larry MacDougal / THE CANADIAN PRESS) The Canadian Press Published Thursday, June 13, 2019 11:58AM EDT CALGARY – The Canadian Association of Petroleum Producers is projecting Canadian crude oil production will increase by 1.27 million barrels per day …

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Trade gap narrows to $3.5B in April

By ANNA LEAH E. GONZALES June 12, 2019 THE country’s trade deficit dipped to $3.5 billion in April from $3.7 billion in the same month last year, as exports recovered and imports contracted, the Philippine Statistics Authority (PSA) reported on Tuesday. That month’s deficit, however, remained higher than the $3.1 …

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New markets eyed for PH exports

By TYRONE JASPER C. PIAD June 13, 2019 The Philippine Chamber of Commerce and Industry (PCCI) is still upbeat for the export industry this year despite the slowdown in performance due to weak global demand as new markets are being eyed by both exporters and the government. “There are silver …

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Local rice, corn stocks higher in May – PSA

By EIREENE JAIREE GOMEZ June 13, 2019 THE country had more stock of rice and corn as of May 1, the Philippine Statistics Authority (PSA) reported on Wednesday. In its monthly inventory report, PSA said the country’s rice stock reached 2.947 million metric tons (MMT), 1.3 percent higher from 2.909 …

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Pag-IBIG gets 7th highest CoA opinion

By The Manila Times June 13, 2019 STATE-RUN Home Development Mutual Fund (HDMF or Pag-IBIG Fund) has earned its seventh consecutive highest opinion from state auditors, setting yet another record in the Fund’s 38-year history. In June, the Commission on Audit (CoA) transmitted a copy of the results of the …

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‘Net FDI may grow in coming months’

By ANNA LEAH E. GONZALES June 13, 2019 GROWTH in net foreign direct investments (FDI) could “pick up in the coming months” despite dropping to a four-month low in March, according to an analyst. In a statement late on Tuesday, RCBC Economics and Industry Research Division Corporate Planning Group Head …

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