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‘BSP ready to mitigate excessive peso volatility’

Monetary authorities are ready to mitigate any “unnecessary movement” and “excessive volatility” in the foreign exchange market as the peso sank to fresh 17-month lows against the dollar, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Inadequate teacher training for Catch Up Fridays stalls reading progress

Teachers’ lack of in-depth training on how to help struggling readers weakens the impact of the Department of Education’s “Catch Up Fridays” program.....»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Case versus Daluz et al. ‘dismissed’

Case versus Daluz et al. ‘dismissed’.....»»

Category: newsSource:  sunstarRelated NewsApr 17th, 2024

Get kids jabbed versus pertussis, parents urged

Get kids jabbed versus pertussis, parents urged.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Philippines returns to international dollar bond market

The Philippines has returned to the international bond market via a dual-tranche US dollar-denominated bond offering, seeking financial support for the state’s budgetary needs......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

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......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

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......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

The trillion-dollar club

Could we really join the trillion-dollar club, along with the big boys, including Canada or Italy or Brazil?.....»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

InLife offers Dollar Secure 7

InLife offers Dollar Secure 7.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

SEC recognized anew for sustainability, good governance initiatives

The Securities and Exchange Commission (SEC) has been recognized anew for its sustainability and good governance initiatives......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

Baguio intensifies drive vs dengue anew

The city government here has intensified its campaign against dengue anew as the disease is expected to peak during summer until the rainy season......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

Phreatic eruptions recorded in Taal anew

Phreatic eruptions were observed anew in Taal Volcano yesterday, according to the Philippine Institute of Volcanology and Seismology......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

SM, ASP to host Angels Walk for Autism anew

SM, ASP to host Angels Walk for Autism anew.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Penitentes take centerstage anew in Leyte Holy Week rituals

Penitentes take centerstage anew in Leyte Holy Week rituals.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Marcos brushes off Duterte’s tirades anew

Marcos brushes off Duterte’s tirades anew.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024