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Market dips as traders tracked Wall St losses

Local shares went back in the red yesterday following a tepid lead from Wall Street as traders prepare for the release of key US inflation data and start of earnings season......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

BSP’s ample dollar reserves to keep peso at bay – Nomura

The Bangko Sentral ng Pilipinas is one of the central banks in the region that has enough dollar buffers to defend its currency against the greenback, according to Japanese investment bank Nomura......»»

Category: financeSource:  philstarRelated NewsApr 30th, 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

Que mounts charge with 65; Tabuena fights back

Angelo Que continued to flaunt his remarkable skills as the stakes rose, producing a stellar six-under 65 to gain 10 spots in the rankings. He moved to joint eighth even as Miguel Tabuena charged back in time to salvage a 70 and wheel back into contention after three rounds of the Malaysian Open in Seri Kembangan Saturday......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

Private traders to also face probe over NFA rice

The Department of Agriculture is ready to face the planned Senate investigation into the alleged anomalous sale of rice to traders by the National Food Authority......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Pasil fish traders upset over Gwen’s wet goods transport policy

CEBU CITY, Philippines- Several fish traders at the Pasil Fish Port are complaining regarding a new policy of the Cebu Provincial Government which prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. The policy, outlined in Executive Order (EO) No. 2 issued by Governor.....»»

Category: newsSource:  inquirerRelated NewsFeb 5th, 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

Espina: Cutting-edge imaging tech in Cebu

Espina: Cutting-edge imaging tech in Cebu.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

If he gets elected, Yogi Ruiz warns drug traders to leave Cebu City

CEBU CITY, Philippines — Illegal drug traders were warned by former Bureau of Customs Commissioner (BOC) and former Philippine Drug Enforcement Agency (PDEA)-7 Director Yogi Felimon Ruiz to leave Cebu City within 30 days if he is elected as mayor in the 2025 local and national elections. This was his promise as he is 100%.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

‘NFA lost P112 million after rice sale to traders’

The National Food Authority has incurred losses of at least P112 million after the sale of 150,000 bags of rice at only P25 per kilo to some traders, according to a farmers’ group......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

NFA defends sale of cheap rice; farmers slam ‘mafia’

The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

DTI rolls out the Rice on Wheels Program in coordination with Bulacan rice millers and traders

The Department of Trade and Industry (DTI), in coordination with Bulacan rice millers and traders, will officially roll out the “Rice on Wheels Program for Retailers” to ensure the availability of affordable regular and well-milled rice to the general public......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

Traders, importers to buy local raw sugar at premium

Sugar traders are keen on purchasing 300,000 metric tons of local raw sugar at a premium price in exchange for getting a priority allocation in future import programs of the government......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

BFAR urges traders to comply with EO on unsanitary transport of wet goods

CEBU CITY, Philippines- The Bureau of Fisheries and Aquatic Resources (BFAR) has commended Cebu Governor Gwendolyn Garcia for issuing an executive order that prohibits the entry of vehicles transporting wet goods from unsanitary conditions within the territorial jurisdiction of the province of Cebu. BFAR-7 Provincial Fishery Officer Joel Clapano urged stakeholders and fish traders to.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

CSF traders find permanent home at Robinsons Starmills

CSF traders find permanent home at Robinsons Starmills.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024