BSP hikes rates anew amid MidEast inflation risks
The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
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11,833 results for “mideast war”
Stocks, peso soar on MidEast peace hopes
Market breadth was overwhelmingly positive with BDO Unibank Inc. emerging as top performer, as investors returned to Philippine equities after weeks of…
Stocks, peso gain as MidEast tensions cool
The Philippine stock market rebounded as the PSEi rose 1.13% to 5,945.71 while the peso strengthened to P61.545 against the US dollar, driven by easing Middle…
PSEi, peso tumble on renewed MidEast tensions
The market closed at 5,879.41, down 58.97 points from Friday’s 5,938.38, even as the peso also lost strength against the US dollar amid renewed US-Iran…
PSEi, peso tumble on renewed Mideast tensions
The Philippine Stock Exchange Index (PSEi) retreated on Monday, falling 58.97 points or 0.99 percent to 5,879.41, while the peso weakened to P61.69 per US…
Philippines faces steepest AMRO downgrades amid Mideast crisis
AMRO has delivered the steepest downgrades in ASEAN+3 for the Philippines, slashing its 2026 GDP growth forecast to 4.1% and raising inflation to 6.0% amid a…
Megawide income up 26% despite Mideast crisis
Megawide Construction Corp. reported a 26% rise in first-quarter net income to P265 million, driven by higher construction and real estate revenues, improved…
FX reserves hit 12-year low amid Mideast conflict
Philippine foreign exchange reserves have fallen to a 12-year low as the Bangko Sentral ng Pilipinas steps up efforts to defend a weakening peso amid the…
CNPF braces for MidEast risks despite Q1 growth
Despite the uncertain global environment, the company will continue placing long-term investments while cushioning the impact of volatility through tighter…
D&L Q1 net income up 5% amid MidEast turmoil
D&L Industries Inc. posted a 5% rise in first-quarter earnings to P717 million, driven by stronger industrial demand and margin gains amid Middle East…
PSEi, peso jump on signs of easing MidEast tension
The Philippine Stock Exchange index rebounded strongly on Wednesday, climbing 1.17 percent to 5,967.21 on reports that the US paused military escort operations…
D&L Q1 profit up 5% amid Mideast turmoil
D&L Industries’ Q1 2024 net income rose 5% to P717 million despite Middle East turmoil, as stronger demand for industrial products, improved margins, and a…
Business confidence plunges as MidEast crisis continues
Bangko Sentral ng Pilipinas reported a sharp decline in business and consumer confidence as the Middle East crisis escalates, with the March Business…
BSP sees inflation breaching target range amid Mideast conflict
The BSP forecasts inflation at 6.3 percent in 2026, and 4.3 percen for 2027, exceeding the bank’s 2 to 4 percent target range due to broadening price pressures…
