Peso sinks to new low as market climbs past 6,000
The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
· 2 min read
Daily TribuneTopic
The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
· 2 min read
The Manila Electric Company (Meralco) lowered its electricity rate for May by P0.0151 per kilowatt-hour (kWh), bringing the overall rate for a typical…
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The PSEI was down 25.20 points, closing at 5,946.78 as sentiment stayed fragile amid uncertainty on the ongoing US-Iran standoff; the peso closed at P61.38 per…
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To mitigate the impact of rising costs on consumers, Meralco is proposing the earlier implementation of adjustments under its ERC-approved Power Supply…
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The Land Transportation Franchising and Regulatory Board (LTFRB) has suspended the operations of three bus units belonging to Elavil Tours Phils. Inc.…
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The Land Transportation Office (LTO) acknowledged Monday that it remains one of the most complained-about government agencies in the country, but officials…
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Notwithstanding the US not accepting Iran’s proposal to end the war in the Middle East, trading at the Philippine Stock Exchange on Monday was positive, up…
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According to the ERC, the move is expected to reduce electricity rates by about P0.03 per kilowatt-hour, translating to roughly P6 in monthly savings for…
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Major crime incidents across the Philippines fell by 12 percent in the first month of a new urban security program, the Philippine National Police (PNP)…
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The Department of Education (DepEd) is testing a satellite- and AI-driven disaster monitoring system to determine which schools should suspend classes during…
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Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
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SM Supermalls is encouraging Filipino households to adopt practical energy-saving habits and sustainable practices, drawing from its large-scale energy…
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The local bourse bounced back above the 6,000 level while the peso strengthened sharply to P60.42 from Wednesday’s close of P61.30, reflecting a weak US dollar…
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The Philippine unemployment rate eased slightly in March to 5.0 percent, though government data released Wednesday suggests that job quality and long-term…
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The 7.2 percent April headline inflation print reported by the Philippine Statistics Authority (PSA) on Monday may prompt the central bank to preemptively…
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The Philippine Stock Exchange index rebounded strongly on Wednesday, climbing 1.17 percent to 5,967.21 on reports that the US paused military escort operations…
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... But Proposals regarding VAT on electricity are under the DOE; what the agency could do, instead, is provide technical input on the potential impact of such…
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A youth organization has welcomed the Commission on Higher Education’s (CHEd) plan to impose a moratorium on tuition and other fee increases in private higher…
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