Peso hits new low at P60.55; bourse finishes week under 6000
The Philippine peso sank to a new record low of P60.55 per US dollar on Friday afternoon as the crisis in the Middle East continued to weigh on the currency…
· 3 min read
Daily TribuneTopic
The Philippine peso sank to a new record low of P60.55 per US dollar on Friday afternoon as the crisis in the Middle East continued to weigh on the currency…
· 3 min read
The Philippine Stock Exchange index (PSEi) fell below the 6,000 level on Thursday, closing at 5,984.20, down 0.99 percent, as the market pulled back after two…
· 2 min read
The Energy Regulatory Commission (ERC) has suspended the Wholesale Electricity Spot Market (WESM), the country's power trading hub, to replace market-driven…
· 2 min read
The benchmark Philippine Stock Exchange index (PSEi) closed Wednesday at 6,044.17, rising 1.82 percent, as the local market rallied on optimism that a…
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In a strange twist, a former Department of Public Works and Highways (DPWH) official, Arrey Perez, who stepped down after being suspected of being…
· 1 min read
The Department of the Interior and Local Government (DILG) said 7.4 million Filipinos in remote communities are benefiting from farm-to-market roads built…
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Local micro, small and medium enterprises (MSMEs) in Iloilo City are experiencing improved business performance following the redevelopment of the Iloilo…
· 2 min read
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…
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Rising fuel and commodity prices are taking a toll on small vendors, significantly reducing daily earnings and straining household finances.
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The Manila International Performing Arts Market invites artists and performing groups to submit bold, original works for showcase consideration.
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The opening of SM City Zamboanga last 20 March featured the debut of the Vinta Market, a dedicated space designed to bring micro, small and medium enterprises…
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The PSEi on Monday closed at 5,899.18, down 1.98 percent, as the local market plunged amid escalating tensions between the United States and Iran, which…
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A farm-to-market road project intended to support farmers in Albay is under investigation after authorities found indications that it may not exist at its…
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Board composition at the exchange level is therefore a concern of all market participants.
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The Commission continues to evaluate what needs to be done, act on what is necessary, and move forward with purpose and resolve.
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The PSEi closed Wednesday at 6,055.45, rising 0.49 percent, as the market extended its rebound on continued bargain hunting.
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There may be a long-term upside from a decade of underrated Philippine stocks, with more than 300 institutional and high net-worth investors, financial…
· 4 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