Peso under P60 as market recovers
The market rebounded on bargain hunting after 2 consecutive days of decline while the peso appreciated to P59.95 from yesterday’s P60.30 close, moving back…
· 2 min read
Daily TribuneTopic
The market rebounded on bargain hunting after 2 consecutive days of decline while the peso appreciated to P59.95 from yesterday’s P60.30 close, moving back…
· 2 min read
In the long term, this crisis is a loud, expensive signal that our dependence on imported fossil fuels is a national security risk.
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Malacañang has been steadfast in its pronouncement that there is no oil crisis in the Philippines. There is, however, a crisis committee.
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The record weakness of the peso and the surging global oil price has created a double whammy that will result in a doubling of the inflation rate in the coming…
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The country’s major manufacturers under the Federation of Philippine Industries (FPI) say they are not surprised about the peso falling to P60 because of the…
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The Philippine peso breached the dreaded P60 level on Thursday, weakening to P60.10 as of 4 p.m., after fresh developments in the Middle East conflict sent…
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The Philippine peso breached the dreaded P60 level on Thursday, weakening to P60.10 as of 4 p.m., after fresh developments in the Middle East conflict sent…
· 2 min read
The market recovered a bit after three consecutive days of decline, supported by Wall Street’s overnight gains. The peso appreciated to P59.80 from P59.87…
· 2 min read
The higher your income, the more exposed you actually are. You just do not feel it the same way.
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The Philippine Stock Exchange index (PSEi) ended Monday at 6,006.55, falling 0.86 percent, marking its third straight day of decline as investors remained wary…
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A banking analyst said the Marcos Jr. administration could roll out more subsidies once the peso further weakens to P60 to mitigate the impact of surging…
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The Philippine Stock Exchange index (PSEi) ended Friday at 6,058.94, falling 0.89 percent, as investors remained cautious amid escalating tensions in the…
· 2 min read
The Philippine Stock Exchange index (PSEi) ended Friday at 6,058.94, falling 0.89%, as investors remained cautious amid escalating tensions in the Middle East.…
· 2 min read
Following President Trump’s remarks suggesting conflict with Iran could de-escalate, global oil prices eased, tempering fears of a major supply disruption in…
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The local bourse plunged as trading resumed on Monday amid renewed fears of rising oil prices driven by Middle East tensions, with the Philippine Stock…
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Investors digested the first round of fuel price hikes, as well as a weakening local currency, which has slid from the P57 level in February to about P59.50…
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The local bourse on Monday, 2 March, nosedived, with the benchmark Philippine Stock Exchange Index (PSEi) down 2.79 percent to 6,426.83 as markets reopened to…
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It noted, however, that lower prices of vegetables, fruits and meat, as well as peso appreciation, could partly offset these pressures.
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