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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......»»
Fuel prices rise by 50¢ per liter amid Russia export ban
MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»
3ID: Visayas nears total victory vs communist insurgency
3ID: Visayas nears total victory vs communist insurgency.....»»
Old churches see influx of pilgrims as Holy Week nears
Old churches see influx of pilgrims as Holy Week nears.....»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Philippines posts 196 mln USD deficit in February
MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»
The trillion-dollar club
Could we really join the trillion-dollar club, along with the big boys, including Canada or Italy or Brazil?.....»»
BPI readies issuance of dollar bonds
The Bank of the Philippine Islands is close to issuing its dollar-denominated bond sale, as it has started a series of fixed income investor meetings......»»
InLife offers Dollar Secure 7
InLife offers Dollar Secure 7.....»»
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......»»
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......»»
Pork sumirit presyo sa P400 per kilo – Agri exec
Binabantayan ngayon ng Department of Agriculture (DA) ang pagtaas ng presyo ng karneng baboy sa mga palengke kung saan may umaabot na umano sa P400 per kilo. The post Pork sumirit presyo sa P400 per kilo – Agri exec first appeared on Abante......»»
Petron rolls back LPG price by P11 per 11-kg cylinder
MANILA, Philippines — Petron Corp. slashed the price of its liquefied petroleum gas product after implementing increases for three consecutive months this year. In its advisory, Petron said its LPG price was cut by P1 per kilogram (kg) or a total of P11 per 11-kg cylinder effective April 1 at 12 noon. “This reflects the.....»»
Fuel prices in Cebu City gas stations as of Feb. 13
CEBU CITY, Philippines — Motorists this week can expect a slight relief after fuel prices decreased with the implementation of a rollback on February 13, Tuesday. Local oil firms announced in separate advisories that the price of gasoline will decline by P0.60 per liter, diesel by P0.10 per liter, and kerosene by P0.40 per liter......»»
Oil price rollback expected next week
Lower pump prices for petroleum products are expected next week, with the Department of Energy-Oil Industry Management Bureau assistant director Rodela Romero estimating an oil price decrease of around P1 to P1.20 per liter for gasoline, P0.40 to P0.60 per liter for diesel, and P0.45 to P0.65 per liter for kerosene......»»
Fuel prices in Cebu City as of Feb. 6: Gasoline up by 75 centavos, diesel by P1.50
CEBU CITY, Philippines — Another round of increase in fuel prices greeted motorists on Tuesday, February 6. Local oil firms announced in separate advisories that the prices of gasoline will increase by 75 centavos per liter and diesel by P1.50 per liter. Meanwhile, kerosene was up by 80 centavos per liter. The Department of Energy.....»»
Marcos: Philippines ‘trying everything’ to lower tensions with China
“We are trying everything. We still continue to talk at a ministerial level, at a sub-ministerial level, at a people-to-people level,” Marcos said. .....»»
Marcos: Philippines ‘trying everything’ to lower tensions with China
“We are trying everything. We still continue to talk at a ministerial level, at a sub-ministerial level, at a people-to-people level,” Marcos said. .....»»
Pantabangan Dam may hit critical level by end-April
The water level in Pantabangan Dam in Nueva Ecija may reach critical level by the end of April, affecting irrigation supply, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»