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Toby Magsaysay

Latest

Rate hikes may tame inflation — Ricafort

Rate hikes may tame inflation — Ricafort

The Bangko Sentral ng Pilipinas’ (BSP) recent decision to hike interest rates may help curb rising inflation, according to Michael Ricafort, chief economist of…

Toby Magsaysay · 29 April 2026 · 2 min read

Market snaps 5-day streak, but peso slumps further

Market snaps 5-day streak, but peso slumps further

The PSEI rebounded to 5,907.89, up 0.70 percent, snapping out of a five-day slide as investors engaged in bargain hunting; the peso fared differently, slumping…

Toby Magsaysay · 29 April 2026 · 2 min read

SMIC profit rises in Q1, dividends jump 31%

SMIC profit rises in Q1, dividends jump 31%

SM Investments Corporation (SMIC), the ultimate parent company of the Sy family, reported a 7 percent increase in consolidated net income to P21.5 billion in…

Toby Magsaysay · 29 April 2026 · 2 min read

Peso hits new record low as market snaps 5-day streak

Peso hits new record low as market snaps 5-day streak

The local bourse finally snapped its five-day losing streak, while the peso slid to a fresh record low of P61.56 on Wednesday as the energy shock’s impact on…

Toby Magsaysay · 29 April 2026 · 2 min read

Rate hikes may tame inflation – Ricafort

Rate hikes may tame inflation – Ricafort

The Bangko Sentral ng Pilipinas (BSP)’s recent decision to hike interest rates may help curb rising inflation, according to Michael Ricafort, chief economist…

Toby Magsaysay · 29 April 2026 · 2 min read

Peso breaches P61 as market falls 5th straight day

Peso breaches P61 as market falls 5th straight day

The local bourse declined for the fifth straight trading day, slipping below the 5,900 level on Tuesday as the peso fell to a new record low of P61.30 per US…

Toby Magsaysay · 28 April 2026 · 2 min read

LEC draws strong global investor interest — Go

LEC draws strong global investor interest — Go

Finance Secretary Frederick D. Go said the Luzon Economic Corridor (LEC) is gaining traction as the government intensifies efforts to attract investments and…

Toby Magsaysay · 28 April 2026 · 2 min read

peso hormuz

Peso breaches P61 as market slides for fifth straight day

The local bourse declined for the fifth straight trading day, slipping below the 5,900 level on Tuesday as the peso fell to a new record low of P61.30 per US…

Toby Magsaysay · 28 April 2026 · 2 min read

RCBC posts 12% earnings growth in Q1

RCBC posts 12% earnings growth in Q1

Rizal Commercial Banking Corporation (RCBC) posted a 12-percent increase in net income to P2.7 billion in the first quarter of 2026, driven by sustained…

Toby Magsaysay · 28 April 2026 · 2 min read

LEC draws strong global investor interest — Go

LEC draws strong global investor interest — Go

Finance Secretary Frederick D. Go said the Luzon Economic Corridor (LEC) is gaining traction as the government intensifies efforts to attract investments and…

Toby Magsaysay · 28 April 2026 · 2 min read

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