Hormuz blockade drags PSEi, peso lower
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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Daily TribuneTopic
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…
· 2 min read
The World Bank has flagged global and domestic economic risks arising from the war in the Middle East.
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The House of Representatives is set to create a joint committee to address the ongoing oil price shock in the Philippines, House Committee on Ways and Means…
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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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A temporary ceasefire between the United States and Iran may calm global oil markets, but Philippine businesses are unlikely to feel immediate relief as higher…
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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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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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Trading activity was robust with all sectors finishing in positive territory even as the local currency made a strong rebound, sharply appreciating to P59.43…
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Shifting from political rhetoric to job creation and social services (health, education) is necessary to win back support in the lower income brackets.
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Education Secretary Sonny Angara on Wednesday, 8 April, backed the continuation of tax incentives aimed at helping schools and education providers cope with…
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The Department of Agriculture (DA) is rolling out targeted interventions to contain rising food prices, as higher fuel costs ripple through the agricultural…
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Rising oil prices pushed inflation above the government’s target in March, as fuel and transport expenses climbed following global supply disruptions due to…
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Electricity, food, postharvest, transport, and logistics costs for rice all grew due to higher fuel charges. Inflation rose 4.1 percent in march from 2.4…
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March headline inflation accelerated beyond the Bangko Sentral ng Pilipinas’ (BSP) projection, which the central bank largely attributed to higher fuel prices…
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ACT Teachers Party-list Representative Antonio Tinio is calling for immediate action from the Marcos Jr. administration to address the growing financial strain…
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Mas lalong bumilis ang pagtaas ng presyo ng mga pangunahing bilihin at serbisyo sa bansa noong nakaraang buwan ng Marso.
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