BSP hikes seen supporting local currency
According to BPI lead economist Emilio Neri Jr., interest rate hikes by the central bank in response to Gulf-driven inflation could support the local currency…
· 2 min read
Daily TribuneTopic
According to BPI lead economist Emilio Neri Jr., interest rate hikes by the central bank in response to Gulf-driven inflation could support the local currency…
· 2 min read
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…
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Tighter monetary policy by the Bangko Sentral ng Pilipinas (BSP) could help support the Philippine peso, which remains near record lows against the US dollar…
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The country’s gross international reserves (GIRs) stood at a 16-month low of $104.0 billion as of end-May 2026, slightly lower than the previous month’s $104.3…
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The Philippines missed the opportunity to help shape discussions and priorities within the world’s most powerful security body.
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‘The slower inflation print reduces the urgency for an off-cycle rate hike in the near term. However, a substantial increase in the policy rate at the next…
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Outstanding loans extended by universal and commercial banks grew by 11.4 percent year-on-year in April, faster than the 10.7 percent expansion recorded in…
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Domestic liquidity (M3) expanded by 12.2 percent year-on-year to P20.3 trillion in April, slightly higher than the revised 12.1 percent growth recorded in…
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The ongoing turmoil in the Senate threatens institutional credibility and the overall stability of the Philippine economy, adding to an already risk-heavy…
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Investment promotion agencies (IPAs) dominated the foreign direct investment pledges in the first quarter of the year, logged by the Philippine Statistics…
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The bellwether index and local currency both rebounded on Friday, with the Philippine Stock Exchange Index (PSEi) closing at 5,938.38, up 26.45 points or 0.45…
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The ongoing turmoil in the Senate threatens institutional credibility and the overall stability of the Philippine economy, adding to an already risk-heavy…
· 2 min read
Despite inflation easing to 6.8 percent in May, economists still expect the Bangko Sentral ng Pilipinas (BSP) to implement further interest rate hikes as…
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Market rally was sustained driven largely by ICTSI which surged 5.42 percent to P875.00, lifting the Services sector by 3.74 percent but the peso weakened to…
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Phnom Penh (AFP) — Cambodia initiated a UN-backed dispute resolution process on Tuesday with neighbor Thailand over overlapping maritime claims in the Gulf of…
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Paris (AFP) — President Emmanuel Macron announced “record” foreign investments of 93 billion euros ($108 billion) at an international conference Monday,…
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The political volatility currently engulfing the Senate will only worsen already fragile investor sentiment, according to Maharlika Investment Corp.…
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The shipment was sourced from Enterprise Port in Texas, United States, and procured through Trafigura Pte. Ltd. on 13 April under the Department of Energy’s…
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