PSEi, peso slip as BSP turns hawkish
The Philippine Stock Exchange Index (PSEi) slipped 18.31 points, or 0.30 percent, to close at 6,135.35 on Friday, while the peso weakened to P60.775 per US…
· 2 min read
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The Philippine Stock Exchange Index (PSEi) slipped 18.31 points, or 0.30 percent, to close at 6,135.35 on Friday, while the peso weakened to P60.775 per US…
· 2 min read
The Philippine Stock Exchange Index (PSEi) rebounded 38.85 points, or 0.64 percent, to 6,153.66 on Thursday while the peso depreciated to P60.56 from P60.39…
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The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
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The Bangko Sentral ng Pilipinas (BSP) raised its key policy rate by 25 basis points on Thursday as persistent inflationary pressures stemming from the Gulf…
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The Philippine Stock Exchange Index (PSEi) closed at 6,114.81 on Wednesday, down 131.0 points, or 2.10 percent, while the peso snapped its recent winning…
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After the SC struck down the Priority Development Assistance Fund in 2013, the crooks in government became innovative. They devised ways for discretionary…
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The Philippine Stock Exchange Index (PSEi) surrendered part of Monday’s outsized gains, closing 27.13 points lower, or 0.43 percent, at 6,245.75 on Tuesday,…
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The Senate faction aligned with Senator Alan Peter Cayetano is reportedly pushing through with its flood control investigation on Tuesday — in a hearing to be…
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Union Bank of the Philippines (UnionBank) emerged as the top issuer in Visa credit card payment volume in the Philippines in 2025, reflecting the growing use…
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Consumers may see lower electricity bills this June after transmission charges declined in the May billing period, the National Grid Corporation of the…
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President Ferdinand Marcos Jr. on Monday inspected earthquake-hit areas in Sarangani and assured residents that government assistance and recovery programs are…
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‘We expect the BSP to hike the policy rate by 50 bps to 5.0 percent from 4.5 percent, as elevated inflation remains the key policy concern despite softer…
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The Eastern Police District (EPD) recorded a 42.11 percent decline in its eight focus crimes over a one-week period, logging just 11 incidents from 7 to 13…
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Standard Chartered Bank expects the Bangko Sentral ng Pilipinas (BSP) to raise interest rates by 50 basis points (bps) at its monetary policy meeting on…
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The Philippines’ outstanding external debt declined slightly to $147.35 billion at the end of the first quarter of 2026 from $147.65 billion at the end of…
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Two new studies are pointing to an unlikely contributor to declining birthrates: the smartphone. Researchers found that fertility rates, particularly among…
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The Philippine Stock Exchange Index (PSEi) rebounded on Tuesday, gaining 66.30 points or 1.13 percent to close at 5,945.71, recovering much of Monday’s…
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Philippine conglomerates face roughly P1.6 trillion — about $26 billion — in debt obligations maturing between 2027 and 2029.
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