PSEi eases, peso extends gains
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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Daily TribuneTopic
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,…
· 1 min read
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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The government is not ready to lift the energy emergency declaration despite signs of a breakthrough in United States/Iran peace talks, with Energy Secretary…
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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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The upcoming El Niño season and its potential impact on food prices pose additional risks to inflation on top of the ongoing energy shock, according to Bank 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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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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‘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…
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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…
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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…
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‘The government’s Unified Package for Livelihoods, Industry, Food, and Transport launched last March “provides targeted assistance to sectors affected by…
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The MWSS Regulatory Office has confirmed a tariff rollback for Maynilad customers, cutting charges by P0.25 per cubic meter effective 1 July.
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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…
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The National Government’s outstanding debt edged lower to P18.47 trillion as of end-April, marking its first monthly decline this year and snapping a six-month…
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‘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.’
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