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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......»»

Category: financeSource:  philstarRelated NewsMar 20th, 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

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

Philippines dollar reserves slip to $102.67 billion

The country’s foreign exchange buffer slipped to $102.67 billion in February, the second straight month of decline, acccording to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

European markets plunge on new virus strain

European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

Debt payments decline to P294 billion in February

The Marcos administration reduced its debt service to P294 billion in February amid the decline in the payment for the loan principal borrowed by the government......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Drug supply in Visayas to decline after P9.68B ‘shabu’ haul in Batangas

CEBU CITY, Philippines – The drug supply in Visayas region is expected to drop dramatically following the seizure of P9.68 billion worth of shabu in a Batangas port. The Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) said it is anticipating the decline since the seized contraband is expected to be distributed to the southern.....»»

Category: newsSource:  inquirerRelated NewsApr 20th, 2024

Inflation rises 3.4% in February, ending 4-month decline

The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Alcover pushes for agricultural scholarships amid student decline

Alcover pushes for agricultural scholarships amid student decline.....»»

Category: newsSource:  sunstarRelated NewsFeb 23rd, 2024

DA moving to prevent decline in onion farmgate price

Efforts are now being done to prevent the further decline in the farmgate price of onions as farmers are forced to sell their produce at about P20 per kilo, Department of Agriculture spokesman Arnel De Mesa said......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Daily Guardian: Delta Airlines (NYSE:DAL) Shares Decline Following Revised FY24 Forecast

Delta Airlines (NYSE:DAL) experienced a decline in pre-market trading as it reported its Q4 and FY23 results, causing concerns among investors. The airline’s FY24 earnings.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 13th, 2024

Stocks retreat on hawkish Fed, BSP rate signals

Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Rice stocks down 25 percent in December – PSA

The country’s rice inventory posted a 25.2 percent decline in December, according to data from the Philippine Statistics Authority......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024