Advertisements


We are sorry, the requested page does not exist




BSP’s ample dollar reserves to keep peso at bay – Nomura

The Bangko Sentral ng Pilipinas is one of the central banks in the region that has enough dollar buffers to defend its currency against the greenback, according to Japanese investment bank Nomura......»»

Category: financeSource:  philstarRelated NewsApr 30th, 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

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

BPI strengthens partnership with ACEN to promote renewable energy

BPI strengthens partnership with ACEN to promote renewable energy.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Smart strengthens partnership with TPC

PLDT wireless unit Smart Communications Inc. strengthens its partnership with Telepreneur Corp., a leading direct selling company of network load, by supporting its biggest event to kick off 2024......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Philippines returns to international dollar bond market

The Philippines has returned to the international bond market via a dual-tranche US dollar-denominated bond offering, seeking financial support for the state’s budgetary needs......»»

Category: financeSource:  philstarRelated NewsMay 8th, 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

‘Miss Saigon’ in one’s mind

Theater is a place where people converge to watch and witness either a (straight) play or a musical that touches the heart and tells universal emotions close to hearth and home......»»

Category: entertainmentSource:  philstarRelated NewsApr 4th, 2024

Hear ye, I will ease your burden but when? (2nd of 2 parts)

The Ease of Paying Taxes Act touches on one “problematic” process that occurs after the filing of tax returns – the refund process which is generally viewed as time-consuming......»»

Category: financeSource:  philstarRelated NewsFeb 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

The skidding peso again?

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

Category: financeSource:  philstarRelated NewsMay 13th, 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

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.....»»

Category: newsSource:  manilanewsRelated NewsApr 19th, 2024

Inflation up slightly, but still within target

The rate of increase in the average prices of consumer goods and services typically purchased by Filipinos rose slightly to 3.8 percent in April from 3.7 percent in March, driven by faster increases in food and transport costs, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Consumer sentiment in PH improves slightly in Q1 2024

Consumer sentiment in PH improves slightly in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024