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 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
To mitigate the impact of rising costs on consumers, Meralco is proposing the earlier implementation of adjustments under its ERC-approved Power Supply…
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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…
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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…
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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…
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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)…
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Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
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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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The Philippine unemployment rate eased slightly in March to 5.0 percent, though government data released Wednesday suggests that job quality and long-term…
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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 7.2 percent April headline inflation print reported by the Philippine Statistics Authority (PSA) on Monday may prompt the central bank to preemptively…
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