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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......»»
Philippines announces decisive measures amid tensions with China
Manila [Philippines], March 28 (ANI): Amid the escalating tensions in the South China Sea, Philippine President Ferdinand R Marcos Jr has announced decisive measures to protect his country's sovereignty and maritime rights while ensuring peace and stability in the Indo-Pacific. Marcos, known as Bongbong, said that the measures, aimed at addressing what he said is the "open, unabating, and illegal" actions by China's Coast.....»»
79% of Filipinos favor US partnership amid heightened tensions in WPS — Pulse Asia
The December 3 to 7 poll, commissioned by think tank Stratbase Institute, showed that 79% of Filipino adults believe the government of President Ferdinand Marcos Jr. should cooperate with the United States amid rising tensions in the West Philippine Sea. .....»»
Stocks sink on rising geopolitical tensions
The stock market took its deepest plunge for the year as concerns over escalating geopolitical tensions overseas and delayed rate cuts at home prevailed......»»
China: PH is ‘straying down a dangerous path’
MANILA, Philippines — China continued to blame the Philippines and its ally, the United States, for the continued tensions in the disputed West Philippine Sea. In a statement on Thursday, Chinese Ministry of National Defense spokesperson Wu Qian warned that the Philippines is going down a dangerous path. READ: No letup in Chinese water cannon attacks.....»»
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.....»»
The skidding peso again?
The peso is skidding again and no one is paying attention anymore......»»
‘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......»»
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......»»
Marcos creates maritime council amid escalating tensions in West Philippine Sea
President Ferdinand Marcos Jr. has ordered the strengthening of the country's maritime security and domain awareness as tensions between the Philippines and China escalate over territorial disputes. .....»»
DTI says Marcos overseas trips starting to yield results amid growing foreign investments
President Ferdinand Marcos Jr.’s pitches to world leaders during his overseas trips have started to bear fruit, according to the Department of Trade and Industry......»»
Shear line-induced disaster death in Davao Region climbs to 12
Summary: The Davao Region has witnessed a devastating toll with 12 reported casualties due to the ongoing shear line surge and localized thunderstorms, leading to widespread flooding in eastern sections of Mindanao. In Monkayo, 10 lives were lost during a prayer meeting, with one person still missing and a child hospitalized. Financial assistance and support are being provided to the affected families. In Davao City, two individuals were buried alive in separate incidents. The Regional Disaster Risk Reduction and Management Council has raised the alert status to closely monitor the situation. The state weather bureau forecasts continued adverse weather conditions in the coming days......»»
Index soars on easing Mid East tensions
Positive cues from the US markets and easing tensions in the Middle East provided a much needed boost to the stock market yesterday, extending gains to a sixth straight session......»»
Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»
Increasing tensions between Israel, Iran concerning — DFA
The Philippines expressed its "serious concern" over the "increasing tensions" between Israel and Iran after the latter’s recent attacks, the Department of Foreign Affairs said in a statement. .....»»
Marcos hopes multilateral maritime activity will east WPS tensions
Marcos hopes multilateral maritime activity will east WPS tensions.....»»
Marcos hopes multilateral maritime activity will east WPS tensions
Marcos hopes multilateral maritime activity will east WPS tensions.....»»
Marcos hopes multilateral maritime activity will east WPS tensions
Marcos hopes multilateral maritime activity will east WPS tensions.....»»
Wegotmail: Statement of the Ministry of Foreign Affairs of Japan on the Recent Surgein Tensions in the South China Sea
Wegotmail: Statement of the Ministry of Foreign Affairs of Japan on the Recent Surgein Tensions in the South China Sea.....»»
Fish catch in West Philippine Sea grows despite tensions with China
Despite rising tensions with China, the Philippines expanded its fish catch in the West Philippine Sea (WPS) last year to a four-year high of over 200,000 metric tons on the back of higher state support to fishermen......»»