Profit-taking, BSP jitters drag market, peso
The Philippine Stock Exchange Index (PSEi) closed at 6,114.81 on Wednesday, down 131.0 points, or 2.10 percent, while the peso snapped its recent winning…
· 2 min read
Daily TribuneTopic
The Philippine Stock Exchange Index (PSEi) closed at 6,114.81 on Wednesday, down 131.0 points, or 2.10 percent, while the peso snapped its recent winning…
· 2 min read
The Philippine Stock Exchange Index (PSEi) surrendered part of Monday’s outsized gains, closing 27.13 points lower, or 0.43 percent, at 6,245.75 on Tuesday,…
· 1 min read
Consumers may see lower electricity bills this June after transmission charges declined in the May billing period, the National Grid Corporation of the…
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‘We expect the BSP to hike the policy rate by 50 bps to 5.0 percent from 4.5 percent, as elevated inflation remains the key policy concern despite softer…
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The Eastern Police District (EPD) recorded a 42.11 percent decline in its eight focus crimes over a one-week period, logging just 11 incidents from 7 to 13…
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Two new studies are pointing to an unlikely contributor to declining birthrates: the smartphone. Researchers found that fertility rates, particularly among…
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The Philippine Stock Exchange Index (PSEi) rebounded on Tuesday, gaining 66.30 points or 1.13 percent to close at 5,945.71, recovering much of Monday’s…
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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…
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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 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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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…
· 1 min read