Peso hits new record low amid market concerns
The Philippine peso fell to P59.17 against the dollar as market confidence declined due to corruption worries, marking a new record low.
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Daily TribuneTopic
The Philippine peso fell to P59.17 against the dollar as market confidence declined due to corruption worries, marking a new record low.
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Online gambling diverts household spending away from essential goods such as food, utilities, transportation and education.
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Resilient remittance flows from overseas Filipinos, which fuel domestic consumption, will continue to underpin consumer-centric industries.
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The flood control scandal must see a definite resolution that includes the prosecution of top officials involved, or growth will continue to stall.
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Government procedures are in place to help resuscitate the Philippine economy, said Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio…
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The sustained weakness of the peso, which closed at P59.04 against the US dollar — its third straight day of slight depreciation — added to the cautious mood.…
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Gross domestic product (GDP) growth slumped in the third quarter of 2025, according to the Philippine Statistics Authority (PSA). The agency reported that the…
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Gross domestic product (GDP) growth remained weak in the second quarter of 2025, according to the Philippine Statistics Authority (PSA). The agency reported on…
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The onslaught of extreme weather is set to continue, with Typhoon ‘Kalmaegi’ forecast to make landfall in the early hours of Friday morning, according to the…
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The last time the local bourse traded at this level was in September 2022, when the index dropped to 5,741.07 amid fears of a global recession, rapid US…
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Meralco continues to expand its customer base, adding 194,000 new accounts so far this year, which brings the total number of connections to 8.18 million.
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The province of Pampanga registered a 5.1 percent increase in its gross domestic product (GDP) from 2023 to 2024, according to data released by the Philippine…
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The province of Pampanga has shown significant growth from 2023 to 2024, with the Philippine Statistics Authority (PSA) recording a 5.1 percent increase in its…
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The Philippine National Police (PNP) has intensified nationwide operations to ensure public safety ahead of the observance of All Saints’ and All Souls’ Days…
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The Bureau of the Treasury (BTr) fully awarded all bids for Treasury bills (T-bills) in Monday’s auction, raising the full program amount of P25 billion amid…
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G20 members ‘emphasized the importance of strengthening multilateral coordination to address existing and emerging risks to the global economy.’
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China’s pivot toward green technology, digital transformation, and consumer-driven growth also opens opportunities for Philippine investors and exporters in…
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