Market snaps two-day losing streak; peso back over P60
The local bourse’s rebound was driven by optimism following reports of a resumption of US-Iran negotiations but the peso weakened as the market reassessed…
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Daily TribuneTopic
The local bourse’s rebound was driven by optimism following reports of a resumption of US-Iran negotiations but the peso weakened as the market reassessed…
· 1 min read
The benchmark Philippine Stock Exchange Index closed at 6,063.35 on Wednesday, up 0.84 percent and breaking a two day losing streak as Philippine equities…
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The peso’s current depreciation amid the effects of the ongoing Middle East conflict has not yet breached inflationary territory, according to Bangko Sentral…
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The Philippine Stock Exchange Index (PSEi) closed at 6,013.10 on Tuesday, down 0.68%, extending its decline as investors remained wary of the continued US…
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State volcanologists recorded 150 volcanic earthquakes at Mount Kanlaon in Negros Oriental over a 24-hour period, signaling persistent unrest at the volcano.…
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The blockade by the United States of the Strait of Hormuz over the weekend weighed on both the local bourse and foreign exchange market on Monday, 13 April, as…
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The American blockade of the Strait of Hormuz over the weekend weighed on both the local bourse and foreign exchange market on Monday, 13 April, as investors’…
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In the end, the path to a stronger, more vibrant capital market is clear: better governance, practiced both in principle and in action.
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The Department of Finance (DoF) welcomes a Philippine Statistics Authority (PSA) report pointing to a 5.1 percent decline in unemployment in February, from 5.8…
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Monetary policy response to the oil price shock hinges on whether spillover effects materialize in domestic demand, where the BSP’s policy tools are most…
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For the first time since mid-March, the local bourse ended the trading week above the 6,000 level, while the peso closed just below P60, as investors traded…
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The adjustment comes amid concerns of a possible price shock driven by global energy tensions linked to the Middle East crisis; Meralco notes that current…
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The PSE is targeting P170 to P175 billion in capital raising, relying heavily on a perceived potential GCash listing.
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For the first time since mid-March, the local bourse ended the trading week above the 6,000 level, while the peso closed just below P60, as investors traded…
· 2 min read
At the heart of the Circular is a graduated penalty system designed to discipline non-compliance without being unduly punitive.
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Rizal Commercial Banking Corporation (RCBC) has raised P20.5 billion through its fixed-rate, peso-denominated Series G ASEAN Sustainability Bonds due 2029,…
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The purchasing power of the Philippine peso has declined sharply over the past eight years, with P1 in 2018 now equivalent to just 75 centavos today, according…
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Gross internal reserves dropped to $107.5 billion as of end-March, from February’s $112.7 billion record high. Still, the BSP said, ‘this level provides an…
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