PSEi, peso tumble on renewed MidEast tensions
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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Daily TribuneTopic
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…
· 2 min read
The Philippine Stock Exchange Index (PSEi) retreated on Monday, falling 58.97 points or 0.99 percent to 5,879.41, while the peso weakened to P61.69 per US…
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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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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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Investors welcomed plans by the government to establish a strategic petroleum reserve, a move aimed at boosting the country’s energy security, while the peso…
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The Philippine Stock Exchange Index (PSEi) snapped a three-day losing streak on Monday, rising 0.53 percent to 5,799.32, even as the peso weakened sharply to…
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The nationwide focus crime rate fell 25.77 percent in May compared with the same period last year, marking the lowest monthly crime total of 2026, the…
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Maharlika Investment Corp. (MIC) independent director Stephen Cu-Unjieng has come to the defense of Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr.…
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Nosy Tarsee has a $6-million question: Which telco upstart is sitting on a hundred-billion-peso hole — and says it’s perfectly fine?
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Speaking of communities, crime across the country has dropped by 50 percent, according to Interior and Local Government Secretary Jonvic Remulla.
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The Philippine Stock Exchange Index (PSEi) fell sharply for a second straight session on Friday, closing at 5,768.76, its lowest level of the year so far, down…
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Primelectric Holdings Inc.’s utilities rolled out lower electricity rates in the Visayas this month after tapping into cheaper supply agreements and…
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