PSEi, peso tumble on renewed MidEast tensions
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…
· 2 min read
Daily TribuneTopic
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…
· 2 min read
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…
· 2 min read
Heavy rainfall is reducing working hours for Filipino workers, particularly those in precarious jobs and climate-sensitive industries, underscoring the need…
· 1 min read
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…
· 1 min read
The Development Budget Coordination Committee (DBCC) will convene soon to reassess its economic targets in light of the Middle East conflict’s widespread…
· 2 min read
‘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…
· 2 min read
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…
· 2 min read
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…
· 1 min read
The ongoing turmoil in the Senate threatens institutional credibility and the overall stability of the Philippine economy, adding to an already risk-heavy…
· 1 min read
The deceleration was largely driven by slower growth in transport costs, which rose 16.2 percent in May compared to 21.4 percent a month earlier; lower…
· 2 min read
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…
· 2 min read
‘The government’s Unified Package for Livelihoods, Industry, Food, and Transport launched last March “provides targeted assistance to sectors affected by…
· 2 min read
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…
· 3 min read
The MWSS Regulatory Office has confirmed a tariff rollback for Maynilad customers, cutting charges by P0.25 per cubic meter effective 1 July.
· 2 min read
The PSEi went on a three-day winning streak even as the peso rebounded, appreciating to P61.62 from P61.74 against the US dollar previously — its 0.12…
· 2 min read
‘It did not happen in the recent past. The last time we experienced double-digit inflation was in 2008. This time, we have found ways to mitigate El Niño.’
· 2 min read
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…
· 2 min read