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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 News7 hr. 46 min. ago

Crops destroyed by El Niño nears P70M

Crops destroyed by El Niño nears P70M.....»»

Category: sportsSource:  abscbnRelated NewsMay 13th, 2024

3ID: Visayas nears total victory vs communist insurgency

3ID: Visayas nears total victory vs communist insurgency.....»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

Old churches see influx of pilgrims as Holy Week nears

Old churches see influx of pilgrims as Holy Week nears.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 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

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

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

More afternoon, evening rains expected as wet season nears

Expect more rains in the afternoons and evenings as the country transitions to the rainy season, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA)......»»

Category: newsSource:  philstarRelated News8 hr. 6 min. ago

TRO vs PUVMP urged anew as grace period for unconsolidated PUVs nears end

Transport groups on Tuesday once again asked the Supreme Court to issue a temporary restraining order against the Public Utility Vehicle Modernization Program ahead of the "grace period" deadline for unconsolidated PUVs......»»

Category: newsSource:  philstarRelated NewsMay 14th, 2024

DA: Agri damage due to El Niño nears P6B

MANILA, Philippines — The ongoing El Niño drought is still causing serious damage to crops and animals nationwide, with losses now exceeding a third of what the Department of Agriculture (DA) reported just a week ago. As of April 30, the DA stated that the extreme heat and lack of rain had caused agricultural damage amounting.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

Jeepney strike under way in Philippines as deadline to modernise nears - Philippines

Government tells operators they must join cooperatives by Tuesday and gradually replace their vehicles with greener options A three-day strike by drivers of jeepneys in the Philippines began on Monday as transport groups warned that thousands could be pushed off the roads by government modernisation plans. The jeepney is the backbone of the Philippines transport system. The customised, privately-owned buses, which look li.....»»

Category: newsSource:  manilanewsRelated NewsApr 29th, 2024

ROS nears last 8

Out of the gate, Rain or Shine dropped 12 unanswered points on NorthPort......»»

Category: sportsSource:  philstarRelated NewsApr 18th, 2024

Dito ramps up operations

After investing nearly $1 billion to build up its network and as it nears its compliance by the fifth year of its operations to provide the mandated 84 percent connectivity to its target population by the middle of this year, Dito Telecommunity is ramping up commercial operations to finally monetize and gain it rightful share of the market, according to Eric Alberto, president and CEO of Dito......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Maynilad nears maiden P15 billion blue bond issue

Maynilad Water Services Inc. moves closer to the issuance of its maiden blue bond sale of up to P15 billion after submitting necessary documents to regulators......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Quizon nears Grandmaster status

The long wait for the Philippines’ next chess Grandmaster could be over soon......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

Parañaque’s P4 billion satellite office nears completion

The construction of a 15-story satellite office of the Parañaque City government, located in Entertainment City along Coastal Road, is 70 percent complete, Mayor Eric Olivarez announced yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024