BSP hikes seen supporting local currency
According to BPI lead economist Emilio Neri Jr., interest rate hikes by the central bank in response to Gulf-driven inflation could support the local currency…
· 2 min read
Daily TribuneTopic
According to BPI lead economist Emilio Neri Jr., interest rate hikes by the central bank in response to Gulf-driven inflation could support the local currency…
· 2 min read
The market closed at 5,879.41, down 58.97 points from Friday’s 5,938.38, even as the peso also lost strength against the US dollar amid renewed US-Iran…
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The Philippine Stock Exchange Index (PSEi) retreated on Monday, falling 58.97 points or 0.99 percent to 5,879.41, while the peso weakened to P61.69 per US…
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‘The slower inflation print reduces the urgency for an off-cycle rate hike in the near term. However, a substantial increase in the policy rate at the next…
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The bellwether index and local currency both rebounded on Friday, with the Philippine Stock Exchange Index (PSEi) closing at 5,938.38, up 26.45 points or 0.45…
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The PSEi went on a three-day winning streak even as the peso rebounded, appreciating to P61.62 from P61.74 against the US dollar previously — its 0.12…
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The National Government’s outstanding debt edged lower to P18.47 trillion as of end-April, marking its first monthly decline this year and snapping a six-month…
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Market rally was sustained driven largely by ICTSI which surged 5.42 percent to P875.00, lifting the Services sector by 3.74 percent but the peso weakened to…
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Investors welcomed plans by the government to establish a strategic petroleum reserve, a move aimed at boosting the country’s energy security, while the peso…
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The Philippine Stock Exchange Index (PSEi) snapped a three-day losing streak on Monday, rising 0.53 percent to 5,799.32, even as the peso weakened sharply to…
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Maharlika Investment Corp. (MIC) independent director Stephen Cu-Unjieng has come to the defense of Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr.…
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Nosy Tarsee has a $6-million question: Which telco upstart is sitting on a hundred-billion-peso hole — and says it’s perfectly fine?
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The Philippine Stock Exchange Index (PSEi) fell sharply for a second straight session on Friday, closing at 5,768.76, its lowest level of the year so far, down…
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Investor sentiment improved further after US President Donald Trump said negotiations with Iran were already in the ‘final stages,’ easing fears of an…
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The local bourse slipped again for the fifth straight day while the peso closed marginally stronger at P61.74 per US dollar from Tuesday’s record-low P61.75…
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The Philippine Stock Exchange Index (PSEi) extended its decline on Tuesday while the peso held steady at the record low of P61.75 posted a day earlier,…
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The Philippine Stock Exchange index (PSEi) extended its decline on Monday, falling 35.25 points or 0.59 percent to 5,941.52, as investors remained cautious…
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Employers are urging the government to prioritize economic reforms and national stability to restore investor confidence, boost investments, and protect jobs…
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