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BSP seen defending peso at below 58:$1

The peso has been a “clear laggard” among Asian currencies against the dollar recently, which may prompt the Bangko Sentral ng Pilipinas (BSP) to defend the local unit and keep it below the 58 to $1 level, according to British banking giant HSBC.....»»

Category: financeSource:  philstarRelated News51 min. ago

Russia s trade with key BRICS partners now almost dollar-free

95% of the country's transactions with India and China were conducted in local currencies last year National currencies were used in 95% of Russia's trade with China and India last year, the secretary general of the International Chamber of Commerce (ICC), Tatiana Monaghan, revealed on Monday.   According.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024

Sayonara and Kon’nichiwa

“Most challenging, most wonderful, most exciting, most valuable, and most meaningful,” was how former Toyota Motor Philippines president Atsuhiro Okamoto described his four-year stint in the Philippines as he gave his farewell speech last Tuesday, Feb. 20, at the Grand Hyatt Hotel during the formal turnover of the TMP presidency to his successor, Masando Hashimoto......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 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

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

The skidding peso again?

The peso is skidding again and no one is paying attention anymore......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

‘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

A stable peso& food security

The past few weeks have been understandably dominated by the standoff between the Philippines and China in the West Philippine Sea......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Cebu’s Jimenez beats Brillo, wrests GAB Youth minimumweight belt

CEBU CITY, Philippines — Cebu’s John Kevin Jimenez of the Chao Sy Boxing Stable staged a huge upset after beating MP Boxing Stable’s prospect Jayson Brillo in the main event of the “Manny Pacquiao Presents Blow-by-Blow” fight card at the City of Passi Arena in Iloilo on February 9.  He defeated the heavily favored Brillo.....»»

Category: newsSource:  inquirerRelated NewsFeb 11th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: newsSource:  manilanewsRelated NewsFeb 9th, 2024

Philippines expects stable rice price in first half of 2024

MANILA, Feb. 8 (Xinhua) -- The rice supply in the Philippines is sufficient through the first half of this year, ensuring the stable price of the country's main food staple, an agriculture official said on Thursday. Philippine Agriculture Secretary Francisco Tiu Laurel said rice prices may stay elevated through September this year due to concerns over El Nino's impact on global rice supply and heightened demand.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Moody’s outlook: Philippine banks remain on stable footing

Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Cebu weather: Warm and stable weather for next 5 days – Pagasa

CEBU CITY, Philippines – As we head into the weekend, residents of Metro Cebu and the rest of the province can anticipate warm and stable weather conditions, according to the latest forecast from the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) Visayas Regional Services Division. For Saturday, May 11, temperatures are projected to range.....»»

Category: newsSource:  inquirerRelated NewsMay 11th, 2024

Water firm assures stable supply amid extreme heat

Water firm assures stable supply amid extreme heat.....»»

Category: newsSource:  sunstarRelated NewsMay 8th, 2024

Aurora declared stable internal peace, security

Aurora declared stable internal peace, security.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration

Lacson optimistic with NegOcc economy after ‘stable internal peace’ declaration.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024