Peso sinks to new low as market climbs past 6,000
The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
· 2 min read
Daily TribuneTopic
The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
· 2 min read
The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
· 2 min read
The Manila Electric Company (Meralco) lowered its electricity rate for May by P0.0151 per kilowatt-hour (kWh), bringing the overall rate for a typical…
· 1 min read
The PSEI was down 25.20 points, closing at 5,946.78 as sentiment stayed fragile amid uncertainty on the ongoing US-Iran standoff; the peso closed at P61.38 per…
· 2 min read
The Office of the Vice President (OVP) began a three-day relief operation on Wednesday to deliver humanitarian aid to thousands of families displaced by the…
· 1 min read
To mitigate the impact of rising costs on consumers, Meralco is proposing the earlier implementation of adjustments under its ERC-approved Power Supply…
· 1 min read
The Philippine Stock Exchange index (PSEi) slipped 14.87 points, or 0.25 percent, to close at 5,971.98, as investor sentiment weakened amid fading optimism…
· 2 min read
The Philippine Stock Exchange index (PSEi) slipped 14.87 points, or 0.25 percent, to close at 5,971.98, as investor sentiment weakened amid fading optimism…
· 2 min read
The Land Transportation Office (LTO) acknowledged Monday that it remains one of the most complained-about government agencies in the country, but officials…
· 2 min read
The Civil Service Commission (CSC) has recognized the local government of Marikina City for excellence in its human resource management systems, awarding the…
· 1 min read
Notwithstanding the US not accepting Iran’s proposal to end the war in the Middle East, trading at the Philippine Stock Exchange on Monday was positive, up…
· 2 min read
State volcanologists warned Monday of a “heightened likelihood” of increasing magmatic activity at Kanlaon Volcano following the observation of a visible…
· 1 min read
According to the ERC, the move is expected to reduce electricity rates by about P0.03 per kilowatt-hour, translating to roughly P6 in monthly savings for…
· 2 min read
Major crime incidents across the Philippines fell by 12 percent in the first month of a new urban security program, the Philippine National Police (PNP)…
· 2 min read
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.
· 2 min read
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…
· 2 min read
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…
· 2 min read