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…
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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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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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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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Labor Secretary Francis N. Tolentino met with Kamanggagawa Partylist Representative Elijah “Eli” San Fernando on Monday to address a range of labor concerns,…
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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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Overshadowing the expected rollback of up to P1.70 per liter for gasoline, effective today are hefty increases of P3.77 to P5.77 per liter of diesel and from…
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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…
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The market closed at 5,879.41, down 58.97 points from Friday’s 5,938.38, even as the peso also lost strength against the US dollar amid renewed US-Iran…
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