iShares MSCI Philippines ETFNYSEARCA
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  • Thu, Nov. 17, 3:52 AM
    • The Philippines has become the fastest growing economy in Asia, in an early boost for President Duterte’s efforts to court investors and calm business fears about the impact of his tilt from the U.S. to China.
    • GDP rose by a faster than expected 7.1% on-year in the three months following the new leader's inauguration on June 30, and is on track for full-year growth of 6-7%.
    • ETFs: EPHE
    | Thu, Nov. 17, 3:52 AM | 3 Comments
  • Tue, Oct. 25, 6:03 AM
    • Philippine President Rodrigo Duterte heads to Japan today to meet PM Shinzo Abe amid rising concerns about what his recent rapprochement with China and deteriorating ties with the U.S. will mean for the region.
    • In Beijing last week, Duterte said he wanted a "separation" from America, as he signed deals with China worth some $24B, but later clarified that he didn't want to sever ties rather forge a more independent foreign policy.
    • ETFs: EPHE
    | Tue, Oct. 25, 6:03 AM | 5 Comments
  • Wed, Oct. 12, 4:45 AM
    | Wed, Oct. 12, 4:45 AM | 1 Comment
  • Fri, Oct. 7, 6:24 AM
    • Manila should "reassess" its relationship with the U.S., according to Philippines Defense Minister Delfin Lorenzana, who stated the country's military would survive if Washington were to withdraw its aid.
    • He also informed the U.S. Army that joint patrols in the South China Sea have been put on hold, while President Duterte wants to halt the Philippine military exercises carried out with U.S. forces each year.
    • ETFs: EPHE
    | Fri, Oct. 7, 6:24 AM | 4 Comments
  • Thu, Sep. 29, 4:04 AM
    • Joint military exercises scheduled next month between the Philippines and the U.S. will be the last for the longtime allies, as President Rodrigo Duterte seeks to build stronger trade and investment ties with China and Russia.
    • Meanwhile, the U.S. military is deploying some 600 additional troops to Iraq as part of a campaign to retake Mosul from Islamic State, raising the number of U.S. troops on the ground to about 5,000.
    • ETFs: EPHE
    | Thu, Sep. 29, 4:04 AM | 13 Comments
  • Tue, Sep. 6, 3:04 AM
    • President Obama has cancelled what would have been his first meeting with Philippines' President Duterte, who described him as a "son of a bitch" on Monday.
    • Obama was expected to challenge him on thousands of killings that have been part of the country's war on drugs, but the Filipino leader said he wouldn't discuss humanitarian issues, declaring he was "no American puppet."
    • Duterte later expressed regret over the remark, saying his response to a reporter's question "elicited concern and distress."
    • ETFs: EPHE
    | Tue, Sep. 6, 3:04 AM | 11 Comments
  • Wed, Aug. 31, 4:22 AM
    • Philippine President Rodrigo Duterte is ready to discuss any issues with Barack Obama when they meet in Laos next week, but added that the U.S. president must listen to "what the problem is" before bringing up human rights.
    • Newly released data shows the number of drug-related killings since Duterte took office two months ago at around 2,000, nearly half of them in police operations and the rest in shootings by unidentified gunmen.
    • ETFs: EPHE
    | Wed, Aug. 31, 4:22 AM | 5 Comments
  • Thu, Aug. 4, 2:19 AM
    • The Philippines is eager to join the Trans-Pacific Partnership and has already held informal talks with the U.S. to do so.
    • "If you don't take part in it you might lose some opportunities while other countries are enjoying them," Trade Secretary Ramon Lopez said in an interview with Reuters.
    • The accord already includes 12 Pacific Rim nations, accounting for about 800M people and 40% of the global trade.
    • ETFs: EPHE
    | Thu, Aug. 4, 2:19 AM
  • Thu, May 19, 4:24 AM
    • The Philippine economy expanded 6.9% in the first quarter of this year, dislodging China as Asia's fastest growing country.
    • The GDP figure was bolstered by strong investment growth as well as higher construction and domestic consumption ahead of elections in May.
    • Incoming President Rodrigo Duterte has pledged to retain the economic priorities of the outgoing Aquino administration, policies that led to the nation's first investment-grade ratings and its best period of growth since the 1970s.
    • ETFs: EPHE
    | Thu, May 19, 4:24 AM
  • Tue, May 10, 4:41 AM
    • Maverick candidate Rodrigo Duterte has won the Philippine presidential elections, following the withdrawal of all his opponents.
    • His record as the crime-crushing mayor of the southern town of Davao, once notorious for its lawlessness, earned him the moniker "The Punisher" and appears to have resonated with voters.
    • Election officials noted there was record turnout at polling stations, with more than 81% of the 54M registered voters casting a ballot.
    • ETFs: EPHE
    | Tue, May 10, 4:41 AM | 1 Comment
  • Mon, May 9, 5:37 AM
    • Voting has begun in the Philippines in a hotly contested presidential election that's seen Rodrigo Duterte, the controversial mayor of Davao City, head to the front of the pack with his tough talk and incendiary rhetoric.
    • The political establishment has warned that years of solid economic growth is threatened and foreign governments have looked on with trepidation as the country is a key regional player in the South China Sea dispute with Beijing.
    • ETFs: EPHE
    | Mon, May 9, 5:37 AM
  • Aug. 24, 2015, 4:47 AM
    | Aug. 24, 2015, 4:47 AM | 21 Comments
  • Jul. 6, 2015, 3:07 AM
    • The Philippines has confirmed a second case of the deadly MERS virus, in a man who showed symptoms after traveling to Dubai and Saudi Arabia last month.
    • While isolated cases around Asia have cropped up in the past, South Korea has experienced the largest outbreak outside Saudi Arabia.
    • Nearly 180 Koreans have been infected and 27 have died from the virus over the past six weeks.
    • ETFs: EPHE
    | Jul. 6, 2015, 3:07 AM
  • May 7, 2015, 4:46 AM
    | May 7, 2015, 4:46 AM | 1 Comment
  • Dec. 31, 2014, 11:34 AM
    | Dec. 31, 2014, 11:34 AM
  • Jun. 19, 2014, 1:20 PM
    • The central bank boosted the rate on Special Deposit Accounts by 25bps to 2.25%, but held the benchmark overnight lending rate at 3.5%.
    • Inflation hit 4.5% in May, up from 2.6% a year ago and the highest in three years. The bank's in a tough spot as higher rates may be needed to cool inflation, but they - along with the fast-growing economy - could attract hot money flows into the country. Thus, the SDA rate was hiked to tighten liquidity, but the lending rate was held steady.
    • Analysts expect another 25 basis point rise in the SDA next month.
    • EPHE -1.1%
    | Jun. 19, 2014, 1:20 PM
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