Hormuz blockade drags PSEi, peso lower
The blockade by the United States of the Strait of Hormuz over the weekend weighed on both the local bourse and foreign exchange market on Monday, 13 April, as…
· 2 MIN READ
Daily TribuneTopic
The blockade by the United States of the Strait of Hormuz over the weekend weighed on both the local bourse and foreign exchange market on Monday, 13 April, as…
· 2 MIN READ
For the first time since mid-March, the local bourse ended the trading week above the 6,000 level, while the peso closed just below P60, as investors traded…
· 2 MIN READ
Nosy Tarsee heard something spicy about a certain blue-blooded clan, long whispered about due to the wife’s iron-fisted control over her family, still quietly…
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There is another kind of courage less often spoken of, the kind that comes after visible courage. My grandfather, Rufino Navarro, had this courage.
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Rizal Commercial Banking Corporation (RCBC) has raised P20.5 billion through its fixed-rate, peso-denominated Series G ASEAN Sustainability Bonds due 2029,…
· 1 MIN READ
The purchasing power of the Philippine peso has declined sharply over the past eight years, with P1 in 2018 now equivalent to just 75 centavos today, according…
· 1 MIN READ
Gross internal reserves dropped to $107.5 billion as of end-March, from February’s $112.7 billion record high. Still, the BSP said, ‘this level provides an…
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Trading activity was robust with all sectors finishing in positive territory even as the local currency made a strong rebound, sharply appreciating to P59.43…
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‘War is ugly and evil,’ she used to tell me. She recounted that while she was still young and unaware of the broader context, the stories from her family and…
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The Department of Agriculture (DA) is rolling out targeted interventions to contain rising food prices, as higher fuel costs ripple through the agricultural…
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Rising oil prices pushed inflation above the government’s target in March, as fuel and transport expenses climbed following global supply disruptions due to…
· 2 MIN READ
The Philippine Stock Exchange index (PSEi) eked out a marginal gain on Tuesday, closing at 5,957.87, up 0.16 percent, as bargain hunting offset cautious…
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Electricity, food, postharvest, transport, and logistics costs for rice all grew due to higher fuel charges. Inflation rose 4.1 percent in march from 2.4…
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The Philippine Stock Exchange index (PSEi) closed Monday at 5,948.33, down 0.84 percent, as the market reopened from the Holy Week break to weaker sentiment…
· 2 MIN READ
LONDON, United Kingdom (AFP) — The downfall of the former prince Andrew has left the British monarchy with a right royal headache — how to handle his daughters…
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‘It is understandable that they are overwhelmed because we submitted a lot of documents, both the DPWH and the Independent Commission for Infrastructure.’
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‘This is not what we want (the government intervening with peso slide against the US dollar). This is truly having an impact, and the weakening of the peso…
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The Bangko Sentral ng Pilipinas (BSP) expects inflation to rise within a range of 3.1 percent to 3.9 percent as the country braces for the first round of…
· 1 MIN READ