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Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling.....»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»
Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
Rice tariff collections hit P30 billion in 2023
Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»
Aloguinsan nabs back-to-back wins in Cabaron hoops
Aloguinsan nabs back-to-back wins in Cabaron hoops.....»»
Bahay is NBTC’s back-to-back No. 1 HS cager
TAGBILARAN CITY, Philippines — Cebuano star point guard Jared Bahay never ceases to amaze, as the National Basketball Training Camp (NBTC) recently named him the back-to-back No. 1 ranked high school basketball player in the Philippines. This announcement was made by the NBTC through its social media page, alongside the list of the top 25.....»»
Mac Tallo spearheads Alicia KSB in back-to-back wins in cash-rich Araw ng Sibugay cage wars
CEBU CITY, Philippines — Alicia KSB Glass is rampaging in the 2nd Gov. Ann K. Hofer-23rd Araw ng Sibugay Invitational Basketball Tournament after logging back-to-back victories. After losing to the National University (NU) Bulldogs in their first game last February 14, the veterans of Alicia KSB, headed by ex-PBA cager Mac Tallo, defeated the reigning.....»»
Cebu Daily Newscast: Father jailed for gunning down son in Lahug, Cebu City
Listen to Cebu Daily Newscast to know the latest news in and out of Cebu. Here’s what you need to know this Tuesday, March 26, 2024. Father jailed for gunning down son in Lahug, Cebu City A 63-year-old father landed in jail after he allegedly gunned down his own son whom he had an altercation.....»»
Lady Spikers overcome flat start
La Salle battled back from a set down to take care of also-ran Adamson, 17-25, 25-19, 25-11, 25-22, and get back on track in a tightrope Top-Two race in the UAAP women’s volleyball tournament yesterday at the Smart Araneta Coliseum......»»
Boy Tapang binalaan ng BSP dahil sa saranggolang gawa sa P1K bill: Sorry po
PERSONAL na binalaan ng mga kinatawan ng Bangko Sentral ng Pilipinas (BSP) ang YouTuber na si “Boy Tapang” sa kanyang bahay kamakailan. Nag-viral kasi sa social media ang pagpapalipad ng content creator ng saranggola na gawa sa P1,000 peso bills. Mismong si Boy Tapang ang nag-post ng isang video sa kanyang socmed account para ipaalam.....»»
Peso may outperform peer currencies this year
The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»
Officials seek inclusion of Boracay in peso bills
The Municipal Council of Malay, Aklan will come up with a resolution requesting the Bangko Sentral ng Pilipinas (BSP) to include the picture of Boracay Island in the new bank notes it is producing......»»
PBCom eyes P2 billion from new bond issue
The Philippine Bank of Communications is looking to raise at least P2 billion, with an option to oversubscribe, from the first tranche of its new peso bond program......»»
Grab contributes up to 0.3 percent to GDP – study
Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»
‘Probe past NFA admins’ billion-peso palay sales’
Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations......»»
Gov’t debt stock rose to P14.79 trillion as of Jan
MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»
Debt balloons to P14.8 trillion
The issuance of domestic securities and the weakening of the peso pushed the country’s outstanding debt to a fresh high of P14.79 trillion in January, latest data from the Bureau of the Treasury showed......»»
End-January Philippine debt balloons to P14.79 trillion — Treasury
The Philippines' outstanding debt climbed to a record of P14.79 trillion as of the end of January 2024 due to the net issuance of domestic securities and the effect of peso depreciation, the Bureau of Treasury (BTr) said on Friday......»»