Market, peso, slump amid renewed tensions
Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read
Daily TribuneTopic
Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read
The country’s foreign reserves fell to a 15-month low as the Bangko Sentral ng Pilipinas (BSP) battled a weakening local currency.
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External debt, meanwhile, jumped 4.81 percent to P5.95 trillion from P5.68 trillion, as the peso’s depreciation inflated the peso equivalent of foreign…
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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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If promises were indeed unkept, the current financial problems of the government militates against any attempt to squeeze money from the treasury.
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Vice President Sara Duterte on Tuesday expressed concern over the persistent inflation, the weakening peso and rising fuel prices, at the same time warning…
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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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The sentiment that the presidency is a divine responsibility is a powerful cultural narrative that President Marcos Jr. has actively integrated into his…
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Which can only mean that honest and sober inquiries are now the order of the day, that we have to squarely face the abuses of power and money secrets of our…
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Criminality in Metro Manila dropped by 23 percent over the past week as police intensified warrant services and anti-drug operations, the National Capital…
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The Philippine peso has lost another two centavos in purchasing power, with P1 in 2018 now worth only 73 centavos, according to National Statistician Claire…
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Because Filipinos are making smarter choices this summer — from planning trips more thoughtfully, splitting costs with their barkada, and staying closer to…
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The Philippine Stock Exchange Index (PSEi) slipped to 5,898.08, down 0.74 percent, as investor sentiment turned cautious following a hotter-than-expected…
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Berdin shared that the project is especially meaningful to her, as it brings together two passions she deeply connects with — music and gaming.
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The Philippine Embassy in France said it cannot take any action that would violate French sovereignty, stressing that it has no authority to arrest Filipino…
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Optimism grew with Iran’s new 14-point proposal aimed at reaching a diplomatic resolution even as President Trump signaled plans to escort vessels through the…
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The DA, however, stressed that the decline is not happening throughout the country, stating that in some provinces, such as Palawan, palay prices remain…
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His act of laying hands on his children was done with the specific intent to debase, degrade, or demean their intrinsic worth and dignity as human beings.
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