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‘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......»»
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 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.....»»
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......»»
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......»»
The trillion-dollar club
Could we really join the trillion-dollar club, along with the big boys, including Canada or Italy or Brazil?.....»»
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......»»
InLife offers Dollar Secure 7
InLife offers Dollar Secure 7.....»»
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......»»
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......»»
Philippines posts 1.2 bln USD surplus in March
MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»
Kongkraphan edges Chen, wins ICTSI Luisita Ladies International by 3
In a tense battle amid stifling conditions, PK Kongkraphan continued her dominance on foreign soil by capturing the ICTSI Luisita Ladies International 2024 championship despite a 74......»»
Ababa edges Dutchman in sudden death to cop ICTSI Apo Golf Classic title
Jhonnel Ababa canned in two pressure-packed birdies, the first forcing a playoff and the other clinching the hotly disputed championship over Guido van der Valk in a statement-making win at the ICTSI Apo Golf Classic......»»
Del Monte edges closer to crown, leads by 18
Del Monte all but secured the PAL Seniors Interclub crown with a superb 155-point output, storming away from the pack with a commanding 18-point lead over Canlubang after three rounds of play back at their home turf in Bukidnon Saturday......»»
MCU edges fellow UCAL newcomer PWU
Manila Central University turned back Philippine Women University in the battle of league newcomers, 78-64, in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6......»»
Helterbrand, Canalenta flash vintage forms as Biñan edges Nueva Ecija
Jayjay Helterbrand and KG Canaleta turned back the hands of time and put on a show in front of the local folks as they steered Biñan to a thrilling 96-90 win over previously unbeaten Nueva Ecija in a titanic battle in the PSL President’s Cup......»»
Cha-cha is inclusion
People may not realize it, but Charter change is all about inclusion. It is to mainstream Filipinos who are at society’s rough edges, those denied basic services government is mandated by law and by the Constitution to render or deliver......»»
Next Attraction: Movies, series showing in February 2024
From typical and not-so-typical romantic escapades to much-awaited releases, this month will have everyone clinging to the edges of their seats or beds......»»
DILG: Crime rate lower under President Marcos compared to Duterte
The Philippine National Police (PNP) has recorded a lower crime rate during the first 21 months of the Marcos administration compared to the same period under former President Rodrigo Duterte......»»
Philex net income drops on lower metal output
The earnings of Philex Mining Corp. plunged by 70 percent to more than P110 million in the first quarter as revenues fell due to lower metal output......»»