market posts gains in fifth consecutive session
Investor sentiment remained constructive even as the peso strengthened, P61.435 per US dollar, improving from P61.491 previously.
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Daily TribuneTopic
Investor sentiment remained constructive even as the peso strengthened, P61.435 per US dollar, improving from P61.491 previously.
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The Economy and Development Council approved a P10.07-billion Philippine Geothermal Resource Derisking Facility, a government-backed financing mechanism to…
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Inflation eased for the second consecutive month in June, declining to 6.4 percent from 6.8 percent in May, falling within the Bangko Sentral ng Pilipinas’…
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Digital bank Maya will reduce its InstaPay transfer fee to P10 from P15 beginning Monday, 6 July, joining a growing number of financial institutions lowering…
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Both the Philippine stock exchange and the peso were boosted by the World Bank’s upgrading of the Philippines to upper middle income economy status.
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The Philippine Stock Exchange Index (PSEi) rose 31.09 points, or 0.53 percent, to 6,069.26 on Wednesday, while the peso continued to weaken, falling to P61.62…
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Headline inflation likely continued to ease in June as lower fuel prices and declining costs of key food items helped temper price pressures, although…
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The Philippines' net external liability position widened to $54.9 billion as of end-March 2026, equivalent to 11.2 percent of gross domestic product (GDP), as…
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Foreign currency deposit unit (FCDU) loans extended by banks operating in the Philippines declined by 0.8 percent in the first quarter of 2026, reflecting…
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‘We need to factor in the Middle East conflict when forecasting demand. Developers are not just looking at remittances but also at the rising cost of…
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Like the Philippines, Canada has abundant resources. Facilitating the exchange of these critical minerals can boost the Philippines’ position in the global…
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The Philippines' balance of payments (BoP) deficit widened to $5.3 billion in the first quarter of 2026, equivalent to 4.5 percent of gross domestic product…
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Residential property prices in the Philippines accelerated in the first quarter of 2026, driven largely by a rebound in condominium values and a recovery in…
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The Bangko Sentral ng Pilipinas (BSP) has rolled out new rules aimed at making digital transactions more affordable and accessible, while lifting the…
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Slowing economic growth and weakening investor confidence, driven by governance issues, have broader social consequences, including a rise in crime,…
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Aside from concerns over higher food and fuel prices, respondents also cited governance-related issues as weighing on their outlook, likely referring to the…
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Businesses expect stronger consumer spending to support revenues and profitability. Firms also anticipate lower fuel prices and easing tensions in the Middle…
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Bargain hunters returned to the local bourse following Wednesday’s steep selloff, accumulating beaten-down blue chips, particularly International Container…
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