
Peso sinks to new low as market climbs past 6,000
The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
· 2 MIN READ
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The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
· 2 MIN READ

MISAMIS ORIENTAL — Inflation in Northern Mindanao slowed slightly to 4.9 percent in April, down from 5.2 percent in March, though the rate remains higher than…
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The Manila Electric Company (Meralco) lowered its electricity rate for May by P0.0151 per kilowatt-hour (kWh), bringing the overall rate for a typical…
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The PSEI was down 25.20 points, closing at 5,946.78 as sentiment stayed fragile amid uncertainty on the ongoing US-Iran standoff; the peso closed at P61.38 per…
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According to Deepali Bhargava, ING Economics’ regional head of research for Asia Pacific, the first-quarter performance was a significant disappointment.
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Jollibee Foods Corp. (JFC) is reassessing its expansion and spending plans after first-quarter net income plunged nearly 39 percent, as surging input costs…
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To mitigate the impact of rising costs on consumers, Meralco is proposing the earlier implementation of adjustments under its ERC-approved Power Supply…
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Financial experts recommend creating a five- to seven-day meal plan before going to the grocery store.
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The Land Transportation Office (LTO) acknowledged Monday that it remains one of the most complained-about government agencies in the country, but officials…
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Notwithstanding the US not accepting Iran’s proposal to end the war in the Middle East, trading at the Philippine Stock Exchange on Monday was positive, up…
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According to the ERC, the move is expected to reduce electricity rates by about P0.03 per kilowatt-hour, translating to roughly P6 in monthly savings for…
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Major crime incidents across the Philippines fell by 12 percent in the first month of a new urban security program, the Philippine National Police (PNP)…
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Africa also raised concerns about the country’s overreliance on external flows such as remittances and foreign investment, which are weakening amid the ongoing…
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Around two in three Filipino families fail to earn a living wage amid inflation and rising oil prices, according to the IBON Foundation.
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The costs of stagflation generated by the confluence of the debt moratorium and the increased political risk in the 1980s are still being felt today.
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Thousands of runners joined the 15th edition of Run for Wellness at the University of the Philippines Diliman in Quezon City on 26 April, as organizer…
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The Philippine economy has yet to enter “stagflation” territory despite a whirlwind of domestic and external headwinds, according to Department of Economy,…
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Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
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