Weak peso drives Philippines debt to new high
External debt, meanwhile, jumped 4.81 percent to P5.95 trillion from P5.68 trillion, as the peso’s depreciation inflated the peso equivalent of foreign…
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External debt, meanwhile, jumped 4.81 percent to P5.95 trillion from P5.68 trillion, as the peso’s depreciation inflated the peso equivalent of foreign…
· 2 min read
The local bourse bounced back above the 6,000 level while the peso strengthened sharply to P60.42 from Wednesday’s close of P61.30, reflecting a weak US dollar…
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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…
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The local bourse and the peso posted substantial gains as progress in diplomatic relations between the United States and Iran gave investors much-needed…
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The Philippine Stock Exchange Index (PSEi) slipped to 5,898.08, down 0.74 percent, as investor sentiment turned cautious following a hotter-than-expected…
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The Philippine Stock Exchange Index (PSEi) slipped to 5,898.08, down 0.74%, as investor sentiment turned cautious following a hotter-than-expected inflation…
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Optimism grew with Iran’s new 14-point proposal aimed at reaching a diplomatic resolution even as President Trump signaled plans to escort vessels through the…
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Representation without power is theater. Participation without enforcement is aspiration.
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The benchmark Philippine Stock Exchange Index (PSEi) resumed its decline, slumping to 5,833.64 (-1.26 percent) as investors ended the shortened trading week in…
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The benchmark Philippine Stock Exchange Index (PSEi) resumed its decline, slumping to 5,833.64 (-1.26%) as investors ended the shortened trading week in a…
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Three ambitious sisters who inherited a 73-year-old Philippine empire in educational publishing just suffered another stinging reversal in their bitter power…
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The PSEI rebounded to 5,907.89, up 0.70 percent, snapping out of a five-day slide as investors engaged in bargain hunting; the peso fared differently, slumping…
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The local bourse finally snapped its five-day losing streak, while the peso slid to a fresh record low of P61.56 on Wednesday as the energy shock’s impact on…
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The local bourse declined for the fifth straight trading day, slipping below the 5,900 level on Tuesday as the peso fell to a new record low of P61.30 per US…
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The local bourse declined for the fifth straight trading day, slipping below the 5,900 level on Tuesday as the peso fell to a new record low of P61.30 per US…
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Anticipation of broader price hikes and additional policy tightening dampened trading even as the peso marginally depreciated P60.71 from previously P60.70 per…
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The flagship Philippine Stock Exchange index (PSEi) extended its losses to start the trading week, closing at 5,901.15 (-0.71%) on Monday, 27 April.
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The Philippine Stock Exchange index (PSEi) extended its decline on Friday, closing at 5,943.49, down 0.67 percent, as investors reacted to the Bangko Sentral…
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