PSEi falls below 6,000 with continued MidEast conflict
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
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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…
· 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…
· 2 min read
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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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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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
The market recovered a bit after three consecutive days of decline, supported by Wall Street’s overnight gains. The peso appreciated to P59.80 from P59.87…
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Prosecutors from the Department of Justice (DoJ) have expanded the plunder complaint against former Senator Ramon “Bong” Revilla Jr., approving the addition of…
· 1 min read
The higher your income, the more exposed you actually are. You just do not feel it the same way.
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The Philippine Stock Exchange index (PSEi) ended Monday at 6,006.55, falling 0.86 percent, marking its third straight day of decline as investors remained wary…
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Whistleblower Benhur Luy testified Monday that Janet Lim Napoles held final authority over payments made to lawmakers in the Priority Development Assistance…
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A banking analyst said the Marcos Jr. administration could roll out more subsidies once the peso further weakens to P60 to mitigate the impact of surging…
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Mobile e-wallet GCash is doubling down on efforts to curb the misuse of digital payment channels.
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The Philippine Stock Exchange index (PSEi) ended Friday at 6,058.94, falling 0.89 percent, as investors remained cautious amid escalating tensions in the…
· 2 min read
With the onset of the summer season, local police warned the public to beware of fake online offers of vacation venues for rent.
· 1 min read
The Philippine Stock Exchange index (PSEi) ended Friday at 6,058.94, falling 0.89%, as investors remained cautious amid escalating tensions in the Middle East.…
· 2 min read