PSEi, peso tumble on renewed MidEast tensions
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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Daily TribuneTopic
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…
· 2 MIN READ
‘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 deceleration was largely driven by slower growth in transport costs, which rose 16.2 percent in May compared to 21.4 percent a month earlier; lower…
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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 government’s Unified Package for Livelihoods, Industry, Food, and Transport launched last March “provides targeted assistance to sectors affected by…
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The MWSS Regulatory Office has confirmed a tariff rollback for Maynilad customers, cutting charges by P0.25 per cubic meter effective 1 July.
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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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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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Two new quay cranes (QCs) that recently arrived at Baltic Container Terminal (BCT) are seen to boost the Port of Gdynia’s capabilities and competitiveness.
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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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The nationwide focus crime rate fell 25.77 percent in May compared with the same period last year, marking the lowest monthly crime total of 2026, the…
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Speaking of communities, crime across the country has dropped by 50 percent, according to Interior and Local Government Secretary Jonvic Remulla.
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Primelectric Holdings Inc.’s utilities rolled out lower electricity rates in the Visayas this month after tapping into cheaper supply agreements and…
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A string of NATO ministers said that US drawdowns on the continent were widely expected.
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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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Tapping costlier diesel-fired power plants during the series of red alerts imposed in Luzon and the Visayas last week could trigger a slight increase in…
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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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