Peso slumps down to new low at P60.55; bourse finishes week under 6,000
The Philippine peso sank to a new record low of P60.55 per US dollar on Friday afternoon as the crisis in the Middle East continued to weigh on the currency…
· 3 min read
Daily TribuneTopic
The Philippine peso sank to a new record low of P60.55 per US dollar on Friday afternoon as the crisis in the Middle East continued to weigh on the currency…
· 3 min read
The World Bank Group announced on Thursday (Friday, 27 March, Philippine time) that it will provide financial assistance to member countries — including the…
· 2 min read
This action follows nationwide protests since mid-March, as drivers face diesel prices nearing P120/liter and gasoline over P100, eroding profits despite…
· 1 min read
The strongest measure taken by the government thus far — the suspension of the excise tax on fuel — will have little effect in easing Filipinos’ suffering,…
· 4 min read
Sara Duterte warned that Filipino households should brace for worsening economic and climate-related conditions throughout 2026, saying the country is entering…
· 1 min read
Batangas 1st District Rep. Leandro Legarda Leviste warned that the Philippines may face a debt crisis worse than the ongoing oil shock if the government fails…
· 2 min read
The World Bank Group announced on Thursday (Friday Philippine time) that it will provide financial assistance to member countries — including the Philippines —…
· 2 min read
‘Some temporary visa holders may be unable or unlikely to depart Australia when their visas expire.’
· 1 min read
Iran would target shipping in the Red Sea in the event of a ground invasion.
· 3 min read
Meanwhile, the peso hovered near record lows, weakening to P60.23 from P60.10 previously against the dollar, reflecting a renewed shift toward risk aversion in…
· 2 min read
The Monetary Board has decided to maintain the target reverse repurchase rate at 4.25 percent, with BSP Governor Eli M. Remolona Jr. noting that monetary…
· 3 min read
Christopher Ryan Erepol, an overseas Filipino worker (OFW) from Qatar, is back home — just in time for a milestone he feared he would miss.
· 2 min read
Ejercito expressed reservations, saying it (China-Philippine deal) would not provide an immediate solution, noting that oil extraction would take three to five…
· 3 min read
There are those who think this kind of talk is fear-mongering, pointing out that inflation rates have not hit double digits for a long time.
· 2 min read
Filipino business groups hailed the President’s recent signing of an executive order granting him temporary authority to reduce or suspend excise taxes on oil…
· 2 min read
A ship carrying more than 700,000 barrels of Russian crude oil has arrived in the Philippines, a source with knowledge of the matter told AFP on Thursday, days…
· 2 min read
The Energy Regulatory Commission (ERC) has suspended the Wholesale Electricity Spot Market (WESM), the country's power trading hub, to replace market-driven…
· 2 min read
Ferry operators have committed not to increase fares this Holy Week amid the huge spikes in fuel price caused by the war in the Middle East, President…
· 2 min read