Peso slumps down to new low at P60.55; bourse finishes week under 6,000
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
This action follows nationwide protests since mid-March, as drivers face diesel prices nearing P120/liter and gasoline over P100, eroding profits despite…
· 1 MIN READ
Meanwhile, the peso hovered near record lows, weakening to P60.23 from P60.10 previously against the dollar, reflecting a renewed shift toward risk aversion in…
· 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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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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Hyundai Motor Philippines Inc. has introduced a limited-time sales push that puts the spotlight on the Stargazer, with discounts and financing offers available…
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Highest temperatures in March included 92 Fahrenheit (33.3C) recorded in Kansas City, Missouri, and North Platte, Nebraska.
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ILOILO CITY — Commuters in Iloilo City may face a major disruption on Monday as most transport cooperatives plan a coordinated “transport holiday” to protest…
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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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A two-day transport strike ended Friday, 20 March, but commuter advocates said the government failed to offer concrete solutions to the worsening impact of…
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CAGAYAN DE ORO CITY — A coalition of major transport groups is prepared to stage a nationwide strike Monday if the government does not address demands for fare…
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As the Department of Education (DepEd) moves toward a new three-term school calendar for public schools, teachers’ organizations are pushing back hard — not…
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Pumalo na sa higit 1,000 jeepney drivers ang nagsagawa ng tigil-pasada sa Southern Metro Manila mula pa kahapon at ipinagpatuloy ito ngayong araw.
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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…
· 2 MIN READ
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
A business process outsourcing (BPO) workers’ organization is calling on employees in the sector to join an upcoming nationwide transport strike, warning that…
· 1 MIN READ