RCBC raises P20.5B in sustainability bonds
Rizal Commercial Banking Corporation (RCBC) has raised P20.5 billion through its fixed-rate, peso-denominated Series G ASEAN Sustainability Bonds due 2029,…
· 1 min read
Daily TribuneTopic
Rizal Commercial Banking Corporation (RCBC) has raised P20.5 billion through its fixed-rate, peso-denominated Series G ASEAN Sustainability Bonds due 2029,…
· 1 min read
The purchasing power of the Philippine peso has declined sharply over the past eight years, with P1 in 2018 now equivalent to just 75 centavos today, according…
· 1 min read
Gross internal reserves dropped to $107.5 billion as of end-March, from February’s $112.7 billion record high. Still, the BSP said, ‘this level provides an…
· 2 min read
Trading activity was robust with all sectors finishing in positive territory even as the local currency made a strong rebound, sharply appreciating to P59.43…
· 2 min read
‘War is ugly and evil,’ she used to tell me. She recounted that while she was still young and unaware of the broader context, the stories from her family and…
· 2 min read
The Department of Agriculture (DA) is rolling out targeted interventions to contain rising food prices, as higher fuel costs ripple through the agricultural…
· 1 min read
Rising oil prices pushed inflation above the government’s target in March, as fuel and transport expenses climbed following global supply disruptions due to…
· 2 min read
The Philippine Stock Exchange index (PSEi) eked out a marginal gain on Tuesday, closing at 5,957.87, up 0.16 percent, as bargain hunting offset cautious…
· 2 min read
Electricity, food, postharvest, transport, and logistics costs for rice all grew due to higher fuel charges. Inflation rose 4.1 percent in march from 2.4…
· 2 min read
The Philippine Stock Exchange index (PSEi) closed Monday at 5,948.33, down 0.84 percent, as the market reopened from the Holy Week break to weaker sentiment…
· 2 min read
‘This is not what we want (the government intervening with peso slide against the US dollar). This is truly having an impact, and the weakening of the peso…
· 2 min read
The Bangko Sentral ng Pilipinas (BSP) expects inflation to rise within a range of 3.1 percent to 3.9 percent as the country braces for the first round of…
· 1 min read
Malacañang on Tuesday said the government has limited control over the peso’s continued weakening against the US dollar, citing the ongoing conflict in the…
· 2 min read
The peso has slumped to a new record low on Monday, closing at 60.69 against the US dollar, as rising oil imports and escalating geopolitical tensions…
· 2 min read
The benchmark Philippine Stock Exchange index (PSEi) closed Monday at 5,869.49, down 1.73 percent, as the local market began Holy Week trading on a negative…
· 2 min read
The Philippine peso sank to a new record low of P60.55 per US dollar on Friday afternoon as the crisis in the Middle East continued to weigh on the currency…
· 3 min read
Meanwhile, the peso hovered near record lows, weakening to P60.23 from P60.10 previously against the dollar, reflecting a renewed shift toward risk aversion in…
· 2 min read
The market rebounded on bargain hunting after 2 consecutive days of decline while the peso appreciated to P59.95 from yesterday’s P60.30 close, moving back…
· 2 min read