Market, peso post losses despite ceasefire extension
The PSEI was down amid subdued trading alongside a weakened peso at P60.13 per US dollar, depreciating from P59.94 as markets grew skeptical over the US-Iran…
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Daily TribuneTopic
The PSEI was down amid subdued trading alongside a weakened peso at P60.13 per US dollar, depreciating from P59.94 as markets grew skeptical over the US-Iran…
· 2 min read
The Philippine Stock Exchange index (PSEi) held steady on Tuesday, closing at 6,018.70, up a modest 0.04 percent, as investors awaited the upcoming monetary…
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Only select products, such as imported rice and some meats, recorded price upticks after the 28 February US-Israel airstrike on Iran, which contributed to…
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The peso’s current depreciation amid the effects of the ongoing Middle East conflict has not yet breached inflationary territory, according to Bangko Sentral…
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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…
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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…
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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,…
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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…
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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…
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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…
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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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