BSP hikes rates anew amid MidEast inflation risks
The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
· 2 min read
Daily TribuneTopic
The BSP’s key policy rate now stands at 4.75 percent. Interest rates on overnight deposit and lending facilities were likewise adjusted to 4.25 percent and…
· 2 min read
The Philippine Stock Exchange Index (PSEi) closed at 6,114.81 on Wednesday, down 131.0 points, or 2.10 percent, while the peso snapped its recent winning…
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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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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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‘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 Filipino homebuyer has evolved and so has the way property must communicate value.
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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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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…
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