Let Filipinos eat savings
Filipinos don’t need Remolona’s lecture on humility. We need paychecks that survive contact with the grocery, the rent and the tricycle ride.
· 3 MIN READ
Daily TribuneTopic
Filipinos don’t need Remolona’s lecture on humility. We need paychecks that survive contact with the grocery, the rent and the tricycle ride.
· 3 MIN READ
The Philippine peso’s recent depreciation has largely followed foreign exchange market dynamics, according to ASEAN+3 Macroeconomic Research Office (AMRO)…
· 2 MIN READ
The local currency has hit record lows 12 times since the escalation of the Middle East conflict at the beginning of March. Before tensions intensified, the…
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The broader economic downturn the Philippines is currently experiencing may trigger spillover effects in the real estate market, according to property…
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The peso weakened 3 centavos or 0.05 percent to P61.815 per US dollar on Wednesday, briefly touching a new record intraday high of P61.995 as investors reacted…
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The Philippine Stock Exchange Index (PSEi) slipped 18.31 points, or 0.30 percent, to close at 6,135.35 on Friday, while the peso weakened to P60.775 per US…
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‘We expect the BSP to hike the policy rate by 50 bps to 5.0 percent from 4.5 percent, as elevated inflation remains the key policy concern despite softer…
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Philippine conglomerates face roughly P1.6 trillion — about $26 billion — in debt obligations maturing between 2027 and 2029.
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‘The slower inflation print reduces the urgency for an off-cycle rate hike in the near term. However, a substantial increase in the policy rate at the next…
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The National Government’s outstanding debt edged lower to P18.47 trillion as of end-April, marking its first monthly decline this year and snapping a six-month…
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Maharlika Investment Corp. (MIC) independent director Stephen Cu-Unjieng has come to the defense of Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr.…
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The local currency slid to another record low against the US dollar on Thursday even as the Philippine Stock Exchange Index (PSEi) surged back above the 6,000…
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The Philippine Stock Exchange index (PSEi) slipped 14.87 points, or 0.25 percent, to close at 5,971.98, as investor sentiment weakened amid fading optimism…
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The country’s foreign reserves fell to a 15-month low as the Bangko Sentral ng Pilipinas (BSP) battled a weakening local currency.
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External debt, meanwhile, jumped 4.81 percent to P5.95 trillion from P5.68 trillion, as the peso’s depreciation inflated the peso equivalent of foreign…
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Vice President Sara Duterte on Tuesday expressed concern over the persistent inflation, the weakening peso and rising fuel prices, at the same time warning…
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The Philippine peso has lost another two centavos in purchasing power, with P1 in 2018 now worth only 73 centavos, according to National Statistician Claire…
· 1 MIN READ
Optimism grew with Iran’s new 14-point proposal aimed at reaching a diplomatic resolution even as President Trump signaled plans to escort vessels through the…
· 2 MIN READ