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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......»»
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......»»
Heart Evangelista on marriage with Chiz Escudero: ‘Definitely, it is at its strongest’
Heart Evangelista exchanged “I dos” anew with Sen. Chiz Escudero nine years after they first wed in Balesin Island on Feb. 15, 2015......»»
Gentlemen’s row
In strongest words ever yet, our Department of Foreign Affairs (DFA) officially demanded from the People’s Republic of China to get out of our maritime territories around the West Philippine Sea (WPS)......»»
Asian legends tip Matsuyama to enjoy golden run
If Hideki Matsuyama beats the strongest field in golf and becomes the first Japanese winner at The Players Championship this week, those who blazed the trail for Asian golf before him will be the least surprised......»»
CARMMA condemns DepEd’s whitewashing of Marcos dictatorship in Matatag curriculum
CARMMA condemn in the strongest possible terms the Department of Education’s shameless scheme to whitewash and distort our history with its September 6, 2023 memo to change “Diktadurang Marcos” to “Diktadura” in the Grade 6 Araling Panlipunan curriculum of the newly-launched Matatag curriculum......»»
MVPs, more standouts boost PLDT High Speed Hitters for ‘strongest’ PVL lineup yet
Offense, defense and strategy all covered as the likes of Kim Kianna Dy, Majoy Baron, Kim Fajardo, Savannah Davison, and newly hailed skipper Kath Arado aim to win first PVL title......»»
Statement of Concern and Condemnation on the attempt on Dr. Baroquillo
We, the batchmates of Dr. Sharmaine Baroquillo and faculty members of the Davao Medical School, condemn in strongest terms the murderous act against our colleague......»»
Tax credit scam: 5 ex-DOF execs get 8 years
The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»
Fuel price rollback expected this week
MANILA, Philippines — Good news awaits motorists following successive price increases in gasoline as oil companies are tipped to slash local fuel prices by less than a peso this coming week, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel should go down by 30 centavos to 40.....»»
Rewind breaks P900M mark, including over P50M abroad
"Rewind" starring real-life couple Marian Rivera and Dingdong Dantes surpassed the P900-million peso mark at the global box office, a first for any Filipino film......»»
Energy policy failure
The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»
Moody’s: BSP rate cut could start in August
The Bangko Sentral ng Pilipinas could cut borrowing costs by 25 basis points as early as August, and another 25 bps in the fourth quarter, if inflation and the peso stabilize in the second half of the year, Moody’s Analytics said......»»
Bank of Commerce raises P6.57 billion from bond offering
San Miguel-led Bank of Commerce has raised P6.57 billion in its second foray into the domestic debt market, as institutional and retail investors swarmed its peso bond offering......»»
PH Inflation Expected to Range Between 3.5% to 4.3% in April: BSP
Bangko Sentral ng Pilipinas (BSP) announced on Tuesday that the inflation rate could be at 3.5% to 4.3%. BSP said in a Facebook post that this upward trend is caused by the increasing prices of essential goods and gasoline prices, as well as the depreciation of the peso. “The BSP projects April 2024 inflation to […].....»»
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......»»
Over 2 mln foreign tourists arrive in Philippines since January
MANILA, April 25 (Xinhua) -- Over 2 million international tourists have visited the Philippines since January this year, the Presidential Communications Office (PCO) said Thursday. Citing data from the Department of Tourism (DOT), the PCO said that 2,010,522 international visitors entered the Southeast Asian country from Jan. 1 to April 24. The data showed that tourism receipts reached 157.62 billion peso.....»»
A stable peso& food security
The past few weeks have been understandably dominated by the standoff between the Philippines and China in the West Philippine Sea......»»