Peso hits new record low amid market concerns
The Philippine peso fell to P59.17 against the dollar as market confidence declined due to corruption worries, marking a new record low.
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Daily TribuneTopic
The Philippine peso fell to P59.17 against the dollar as market confidence declined due to corruption worries, marking a new record low.
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Homegrown Jollibee Foods Corp. (JFC) posted a marginal 1.6 percent increase in net income to P9.0 billion in the first nine months from P8.9 billion a year…
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The local currency resumed its decline yesterday, mirroring the slide in investor confidence.
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The benchmark PSEi dropped 56.73 points to close at 5,702.64, its lowest since 28 May 2020, when it ended at 5,570.22. The index has now fallen for the second…
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Government procedures are in place to help resuscitate the Philippine economy, said Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio…
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The Ayala-led global electronics manufacturing services company turned last year’s $1.1-million loss into a $16.4-million core net profit in the first nine…
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‘With Aramco’s partnership, we are confident in our ability to scale our operations, drive innovation and strengthen our leadership in the wholesale and retail…
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The Commission is likewise intensifying enforcement against harassment and abusive collection practices, including public shaming and unauthorized access to a…
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The sustained weakness of the peso, which closed at P59.04 against the US dollar — its third straight day of slight depreciation — added to the cautious mood.…
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The Philippine Stock Exchange Index (PSEi) fell to a new three-year low on Friday, closing at 5,739.37 — down 1.31 percent — as investors reacted to…
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The number of unemployed Filipinos fell to 1.96 million in September 2025, down from 2.03 million in August, according to the latest Labor Force Survey (LFS)…
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JERUSALEM (AFP) — Israel said on Sunday it had received the remains of three additional captives from Hamas as part of the ongoing hostage-prisoner exchange…
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The last time the local bourse traded at this level was in September 2022, when the index dropped to 5,741.07 amid fears of a global recession, rapid US…
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Pangilinan-led Philex Mining Corp. recorded a nine-month core net income of P480 million, down from P610 million a year earlier, as stronger gold prices helped…
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The Philippine Stock Exchange, Inc. (PSE) and MSCI conducted on October 28, 2025 the second session of ESG 101 for Listed Companies webinar, entitled: Regional…
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The government gives a poverty threshold of P13,873 income for an average family of five, which comes up to a little more than P92 per day for each family…
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It is becoming clear that a conspiracy to steal public funds occurred, crossing party lines.
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