PSEi eases, peso extends gains
The Philippine Stock Exchange Index (PSEi) surrendered part of Monday’s outsized gains, closing 27.13 points lower, or 0.43 percent, at 6,245.75 on Tuesday,…
Toby Magsaysay · · 2 min read
The Philippine Stock Exchange Index (PSEi) surrendered part of Monday’s outsized gains, closing 27.13 points lower, or 0.43 percent, at 6,245.75 on Tuesday,…
Toby Magsaysay · · 2 min read
The Lopez majority faction earlier described the transaction as a “horrible” deal, alleging that First Gen agreed to pay a P50-billion premium, while reducing…
Toby Magsaysay · · 3 min read
Union Bank of the Philippines (UnionBank) emerged as the top issuer in Visa credit card payment volume in the Philippines in 2025, reflecting the growing use…
Toby Magsaysay · · 1 min read
Hard-earned cash remittances overseas Filipino workers (OFWs) rose modestly in April despite heightened global economic uncertainty, preliminary data from the…
Toby Magsaysay · · 2 min read
Market breadth was overwhelmingly positive with BDO Unibank Inc. emerging as top performer, as investors returned to Philippine equities after weeks of…
Toby Magsaysay · · 2 min read
The Philippine Stock Exchange Index (PSEi) surged 362.82 points, or 6.14 percent, to close at 6,272.88 on June 15, while the peso appreciated sharply to P60.48…
Toby Magsaysay · · 2 min read
The Bureau of Internal Revenue (BIR) collected P279.14 billion in gross revenues in May 2026, up 14.15 percent or P34.61 billion from a year earlier, as…
Toby Magsaysay · · 2 min read
Cash remittances from overseas Filipino workers (OFWs) rose modestly in April despite heightened global economic uncertainty, according to preliminary data…
Toby Magsaysay · · 2 min read
The move is intended to address the widening gap between domestic corn production and demand from feed millers and livestock producers.
Toby Magsaysay · · 2 min read
‘We expect the BSP to hike the policy rate by 50 bps to 5.0 percent from 4.5 percent, as elevated inflation remains the key policy concern despite softer…
Toby Magsaysay · · 2 min read