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Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
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......»»
ASF vaccine available by yearend
The wait for the vaccine for African swine fever (ASF), which has decimated over three million pigs in the country, would be over within the year, according to Agriculture Secretary Francisco Tiu Laurel Jr......»»
SMIC eyes 60 new Goldilocks stores
SM Investments Corp. is poised to put up more Goldilocks stores nationwide this year to bring its total store count to 986 by yearend......»»
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......»»
AC gov t to strengthen child protection policies
AC gov t to strengthen child protection policies.....»»
DTI, Go Negosyo strengthen MSME Development program
The Department of Trade and Industry (DTI) and Go Negosyo agreed to strengthen their collaboration to further develop the country’s MSMEs......»»
Nestle PH, Oro LGU partner to strengthen nutrition, solid waste management programs
Nestle PH, Oro LGU partner to strengthen nutrition, solid waste management programs.....»»
Marcos hopeful Ramadan to strengthen kinship, open hearts to forgive past grievances
Marcos hopeful Ramadan to strengthen kinship, open hearts to forgive past grievances.....»»
CHO told to strengthen campaign against dengue
CHO told to strengthen campaign against dengue.....»»
US provides additional P28M to strengthen environmental law enforcement in Palawan
US provides additional P28M to strengthen environmental law enforcement in Palawan.....»»
PH takes steps to strengthen textile, fashion industry via ‘digitelazation’
PH takes steps to strengthen textile, fashion industry via ‘digitelazation’.....»»
Philippines, Indonesia seek to strengthen cooperation for energy security
MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»
Government urged to keep spending, avoid high surplus
The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»
Suspension of PhilHealth contributions sought for minimum wage earners
An economist-lawmaker from the House of Representatives has proposed to suspend the Philippine Health Insurance Corp. premium contributions of all minimum wage earners to increase their take-home pay......»»
Rate cuts to help investments regain momentum – economist
The country’s investment climate will likely regain its momentum once policy rates here and abroad start to normalize in the second half of the year, coupled with economic reforms meant to attract foreign capital......»»
Larry Summers warns that the war vs inflation might not be over
Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»
Democracy index: Philippines ranking goes down again
Still classified as a “flawed democracy,” the Philippines has scored and ranked lower in the 2023 Democracy Index released by London-based think tank The Economist Intelligence Unit on Thursday......»»
US markets tank on hotter-than-expected inflation report
The US Consumer Price Index data for January [link] showed that prices increased 0.3% q/q and 3.1% y/y, which was higher than economist estimates (0.2% q/q and 2.9% y/y)......»»
Economy likely grew by 6.2 percent in Q4
The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»