Peso forecast to settle at 51.90:$1 by yearend

MANILA, Philippines - BPI Asset Management and Trust Co., the asset management arm of the Bank of the Philippine Islands (BPI), expects the peso to continue.....»»

Category: financeSource: philstar philstarJan 13th, 2018

BMI sees peso closing at P51 to $1 by yearend

MANILA, Philippines — BMI Research said it has adopted a neutral view on the Philippine peso over the next three to six months and raised its forecast for th.....»»

Category: financeSource:  philstarRelated NewsOct 1st, 2017

Peso strengthens on strong dollar inflows

MANILA, Philippines — The peso gained six centavos yesterday to settle at 49.98 to $1, the strongest level in more than six months due to strong dollar inflo.....»»

Category: financeSource:  philstarRelated NewsDec 28th, 2017

Peso climbs to six-month high on positioning before yearend

THE PESO soared against the dollar on Wednesday, hitting its strongest level in six months as it briefly breached the P49 level intraday, as it strengthened in the offshore market. The local currency finished at P50.04 against the greenback yesterday, gaining 10 centavos from its P50.14-per-dollar close seen on Friday. Wednesday’s finish was also the […] The post Peso climbs to six-month high on positioning before yearend appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 27th, 2017

Peso touches 49:$1 level

  The pesoon Wednesdaytouched the 49:$1 level before closing at 50.04:$1, 10 centavos stronger than it was before the Christmas holiday break. At the Philippine Dealing System, the peso reached an intraday high of 49.96:$1 and a low of 50.05:$1 after opening at 50.03:$1. It closed at 50.14:$1 on Dec. 22. After a two-day break, the peso closed at its strongest sinceJune 19's 49.91:$1, after which it slipped to 11-year low levels before recovering towards yearend. The total volume traded slid to $523.1 million from $740.8 million last Friday. In a note to clients, Metrobank Research said it expects the peso-dollar pair to trade within the range of 49.8-50.5:$1 this ...Keep on reading: Peso touches 49:$1 level.....»»

Category: newsSource:  inquirerRelated NewsDec 27th, 2017

Nov. poll puts inflation on track to target

By Elijah Joseph C. Tubayan Reporter THE OVERALL RISE in prices of widely used goods and services could have eased in November as a stronger peso softened import costs, according to analysts polled last week who said this should leave room for the central bank to steady its policy stance till yearend. A poll among […] The post Nov. poll puts inflation on track to target appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 3rd, 2017

BSP keeps interest rates unchanged

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) decided to maintain the country's interest rates. But due to rising oil prices, higher liquidity in the financial system, as well as the weaker Philippine peso, the central bank hiked its inflation forecast for 2018. BSP Governor Nestor Espenilla Jr said the Monetary Board ........»»

Category: newsSource:  rapplerRelated NewsNov 9th, 2017

PAL pays nearly P6B to DOTr to settle accounts

MANILA, Philippines — Lucio Tan-led flag carrier Philippine Airlines (PAL) settled its multi-billion-peso debt with government on Friday, November 3. “PAL settled today, 3 November 2017, its P6 billion unpaid air navigational charges to the national government, which were incurred since 1970s up to 30 July 2017,” the Department of ........»»

Category: newsSource:  rapplerRelated NewsNov 3rd, 2017

&'145;Hot money' inflows beat 2016 forecast despite Dec. outflow

MORE foreign capital fled than entered the Philippines in December, reflecting market jitters in the face of fresh rate hike in the United States, although the full-year tally bested government expectations to settle in positive territory, according to central bank data......»»

Category: newsSource:  bworldonlineRelated NewsJan 12th, 2017

Peso forecast for 2017 weakest at P52:$1

Peso forecast for 2017 weakest at P52:$1.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 9th, 2017

BIR seizes assets of IBC-13 for public auction to settle its multi-million-peso tax debts

The Bureau of Internal Revenue (BIR) has seized and will sell the land, building, machinery and equipment of the government-owned Intercontinental Broadcasting Corporation (IBC-13) for non-payment of back taxes totaling to hundreds of millions of pesos......»»

Category: newsSource: NewsAug 24th, 2016

ING reverts peso forecast to 47.5 : $1

MANILA, Philippines - Dutch financial giant ING Bank now expects a weaker peso with the impending rate hike by the US Federal Reserve in the first quarter of.....»»

Category: financeSource:  philstarRelated NewsAug 6th, 2016

Robin addresses Aljur-Kylie issue, ‘PGT’ backlash

Marry my daughter, then you'll get my blessing," Robin Padilla told Aljur Abrenica, partner of his daughter Kylie and father to his grandson, Alas Joaquin. Robin was reacting to Aljur's interview with the Inquirer on his attempts to improve their relationship. "I, too, am hopeful. I have no issue with Aljur. This is not a problem that's too difficult to solve---what every father wants is for his daughter to settle down with a husband. That's it!" Robin said during the launch of his latest ABS-CBN series with Jodi Sta. Maria and Richard Yap, titled "Sana Dalawa ang Puso," which premieres on Jan. 29. "If only my daughter would let me, I'd drag her to church and have her marry ...Keep on reading: Robin addresses Aljur-Kylie issue, ‘PGT’ backlash.....»»

Category: newsSource:  inquirerRelated News3 hr. 25 min. ago

Peso plunges to one-month low

THE PESO plunged against the dollar on Wednesday as wider trade deficit and slow remittance growth dragged the currency down. The local currency ended yesterday’s session at P50.705 against the greenback, 21.5 centavos down from its P50.49-per-dollar finish on Tuesday. This is the peso’s weakest closing in over a month or since Dec. 6, when […] The post Peso plunges to one-month low appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated News3 hr. 51 min. ago

Peso down on remittances

THE PESO slumped against the dollar on Tuesday as central bank data showed remittance growth slowed in November. The local currency closed the session at P50.49 versus the greenback yesterday, losing 12 centavos from its P50.37-per-dollar finish on Monday. The local unit traded weaker the whole day, opening at P50.40 versus the dollar. Its intraday […] The post Peso down on remittances appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated News22 hr. 11 min. ago

Creation of 8th town in Sarangani gets House committee nod

GENERAL SANTOS CITY (MindaNews / 16 January) — Sarangani officials expect the passage by the House of Representatives before yearend of a bill that seeks the creation of another municipality in the province. Sarangani Rep. Rogelio Pacquiao said House Bill 1013 or “An Act Creating the Municipality of Malandag in the Province of Sarangani” has […].....»»

Category: newsSource:  mindanewsRelated NewsJan 16th, 2018

Peso rises as dollar consolidates

THE PESO strengthened slightly against the dollar on Monday as the greenback weakened against other major and regional currencies. The local currency moved sideways to end at P50.37 against the greenback yesterday, three centavos stronger than its P50.40-per-dollar close on Friday. The peso opened Monday’s session at P50.32 against the dollar, while its intraday low […] The post Peso rises as dollar consolidates appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 16th, 2018

Talks in Myanmar to settle issues on Rohingya return

YANGON, Myanmar – Talks were held on Monday, January 15, to "settle issues" over the repatriation of Rohingya refugees to Myanmar, Bangladeshi officials told the Agence France-Presse, as doubts linger over how many of the 655,000 Muslim minority who fled violence are likely to return. Under diplomatic pressure, Myanmar has vowed ........»»

Category: newsSource:  rapplerRelated NewsJan 15th, 2018

Peso to move sideways

THE PESO will likely move sideways against the dollar this week amid the greenback’s sustained weakness on the back of mixed US economic data as well as some tightening moves from the European Central Bank (ECB). On Friday, the peso moved sideways against the dollar as it lost four centavos to close at P50.40. This […] The post Peso to move sideways appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 15th, 2018

Luis Manzano ready to settle down anytime

MANILA, Philippines – Luis Manzano is ready to settle down with Jessy Mendiola. According to the I Can See Your Voice host, his parents, Vilma Santos-Recto and Edu Manzano, will be thrilled to see him start his own family soon. In an interview with Luis at the Shakey's Lucky 2018 event, where ........»»

Category: newsSource:  rapplerRelated NewsJan 14th, 2018

Cloudy skies, scattered rain over parts of PH — Pagasa

A tail-end of a cold front would bring cloudy skies with scattered rain showers and thunderstorms over Visayas, Bicol Region and Quezon, the weather bureau said in itsSundaymorning forecast. Mindanao would also experience the same weather condition due to easterlies, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said in its4:00 a.m.bulletin. Meanwhile, the Cordillera Administrative Region, Cagayan Valley and the province of Aurora would have cloudy skies with scattered rains due to northeast monsoon or amihan. Amihan would also bring partly cloudy to cloudy skies with isolated rains throughout Metro Manila, Ilocos Region, and the rest ...Keep on reading: Cloudy skies, scattered rain over parts of PH — Pagasa.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2018