Palace: Weak peso driven by Middle East conflict
Malacañang on Tuesday said the government has limited control over the peso’s continued weakening against the US dollar, citing the ongoing conflict in the…
· 2 MIN READ
Daily TribuneTopic
Malacañang on Tuesday said the government has limited control over the peso’s continued weakening against the US dollar, citing the ongoing conflict in the…
· 2 MIN READ
The peso has slumped to a new record low on Monday, closing at 60.69 against the US dollar, as rising oil imports and escalating geopolitical tensions…
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The benchmark Philippine Stock Exchange index (PSEi) closed Monday at 5,869.49, down 1.73 percent, as the local market began Holy Week trading on a negative…
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Several anti-corruption groups filed complaints with the Office of the Ombudsman on Monday against former undersecretaries Adrian Carlos Bersamin of the Office…
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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…
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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…
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Ombudsman Jesus Crispin Remulla announced on Thursday that the probe into individuals involved in the anomalous flood-control scandal was set to ramp up.
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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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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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The Sandiganbayan has denied a motion by gambling operator Jack Lam to quash criminal charges against him involving a P50-million bribery scheme at the Bureau…
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What was billed as a vehicle for accountability instead risks being seen as a containment mechanism, one that addressed the noise of the flood control scandal…
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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…
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