PSEi, peso weaken amid oil, MidEast risks
The PSEi slumped 12.12 points to 5,843.79, even as the local currency dipped P62.78 vis-a-vis the US dollar amid pressure from elevated oil prices, which…
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The PSEi slumped 12.12 points to 5,843.79, even as the local currency dipped P62.78 vis-a-vis the US dollar amid pressure from elevated oil prices, which…
The peso fell 17.5 centavos, or 0.28 percent, to a fresh record low of P62.86 per US dollar Monday, while the Philippine Stock Exchange index (PSEi) rose 13.26…
FPI chair Elizabeth Lee says geopolitical risks, higher oil prices and the Philippines' widening trade deficit are adding pressure on the peso.
Gasoline and diesel prices are set to fall by up to ₱5 per liter next week as international oil prices drop and the peso strengthens against the US dollar.
The Philippine peso rebounded to P61.465 against the US dollar and the PSEi climbed back above 6,000 as easing oil prices, softer dollar and improving global…
Electricity rates in the Philippines may see a slight increase after diesel-fired power plants were activated during recent red and yellow grid alerts in Luzon…
Emergency diesel power plants were activated during red alerts in Luzon and the Visayas, which may cause a slight uptick in electricity rates. Energy officials…
Senator Sherwin Gatchalian speaks with the media during the weekly Kapihan sa Manila Bay forum in Manila on Wednesday, 6 May 2026. Gatchalian, chair of the…
Malacañang flags the Philippine peso’s slide to P61.5 against the US dollar, blaming a strong greenback, Middle East tensions and surging global oil prices.…
Balikatan 2024 fuel use remains largely stable despite a global oil price surge, as Philippine, US, Japanese and Canadian forces rely on advance fuel…
President Ferdinand Marcos Jr. is open to a proposed Bayanihan 3 measure to cushion Filipinos from rising oil prices and the economic fallout of the Middle…
The Philippine government rolls out a multi-sector plan, including subsidies and food security measures, to shield households from rising global fuel prices.
Pulse Asia reported that 59 percent of Filipino adults believe the national government should act urgently to curb inflation.
‘We’ll see by tomorrow when the markets reopen, but there could be some bargain-hunting to hedge requirements as a matter of prudence, until the dust settles.’
