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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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 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

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

Makati breaches 2023 business renewal revenue

The Makati City government has surpassed its January 2023 business renewal assessment level, with still over 4,000 businesses expected to renew their permits until the deadline on Jan. 31, Mayor Abby Binay said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 24th, 2024

LRTA breaches pre-pandemic revenue level

The Light Rail Transit Authority reaped the benefits of economic reopening in 2023 as its revenue breached pre-pandemic levels......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

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. .....»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

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. .....»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Inconvenient

Two years ago, the Paris-based International Arbitration Tribunal awarded almost $15 billion in restitution to the heirs of the Sultanate of Sulu. The Sultanate had filed a suit against Malaysia for breaches relating to the lease of Sabah......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Your Data, Your Rights: Proactive Steps for Personal Data Protection

Safer Internet Day 2024 comes amid data fears about limited access imposed on various popular apps, causing users to circumvent the new rules by downloading replacements. In an era where vast amounts of data are constantly being collected and analyzed, the risks of data breaches, identity theft, and invasion of privacy are more pronounced than […].....»»

Category: newsSource:  metrocebuRelated NewsMar 2nd, 2024

DepEd checking data breach after hacking

The Department of Education is examining its systems for possible data breaches after reports of hackers allegedly harvesting 750 gigabytes of data containing sensitive information on banking details, students, teachers and more......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

House calls for DICT briefing on gov’t websites attacked by China-based hackers  

The House of Representatives has asked the Department of Information and Communications Technology to hold an immediate briefing on recent cybersecurity breaches by China-based hackers on government websites......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Italy s Dodgy Detention Deal with Albania

Italy's detention deal with Albania breaches international law and is abusive in many aspects, including by potentially creating legal limbo for vulnerable people. Yet, the plan-to detain in Albania people interdicted or rescued by Ital.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Italy fines first city for privacy breaches in use of AI

After an in-depth investigation of the projects in Trento city, the GPDP finds 'multiple violations of privacy regulations,' it says, while recognizing the municipality acted in good faith.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024

Boatwright scoring onslaught continues as streaking San Miguel reaches semis

Import Bennie Boatwright breaches the 40-point plateau for the third straight game to lift San Miguel past Rain or Shine in the quarterfinals.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024