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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

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

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

InLife offers Dollar Secure 7

InLife offers Dollar Secure 7.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 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

Metrobank raises record $1 billion from international bond market

Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

BSP rate cuts seen in lockstep with US Fed

The Bangko Sentral ng Pilipinas is expected to move in lockstep with the US Federal Reserve as it pivots to an easing cycle after emerging as the most aggressive central bank in the region......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

BBM kinulit sa P100 wage hike bill

Matapos isnabin ni Pangulong Bongbong Marcos ang P100 wage hike bill ng Senado sa kanyang Labor Day speech noong Miyerkoles, nanawagan naman si Senate President Juan Miguel Zubiri na sertipikahan ang panukala sa dagdag sahod ng mga manggagawa. The post BBM kinulit sa P100 wage hike bill first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 2nd, 2024

Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

European markets plunge on new virus strain

European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

Stray to Family: A Tail of Love, Acceptance, and a Bond Beyond Words

A bond forged through adversity and love......»»

Category: newsSource:  rapplerRelated NewsFeb 23rd, 2024

2 ex-James Bond actors approve of Aaron Taylor-Johnson as next 007

Former James Bond actors George Lazenby and Pierce Brosnan have stated their approval for Aaron Taylor-Johnson should the latter be the next individual to carry the Agent 007 mantle......»»

Category: entertainmentSource:  philstarRelated NewsMar 27th, 2024

Pierce Brosnan eyes Cillian Murphy as potential next James Bond

James Bond actor Pierce Brosnan expressed his opinion the next actor to carry the mantle of Agent 007 is fellow Irishman and the Oscar-nominated star of "Oppenheimer" Cillian Murphy......»»

Category: entertainmentSource:  philstarRelated NewsMar 9th, 2024

Vista Land $2-B bond sale withdrawn due to lack of interest

Bilyonaryo reported that Manny Villar’s Vista Land and Lifescapes is walking away from its bond sale due to lack of investor demand......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

Bond issuances decline by 53 percent in 2023

Government and corporate bond issues tumbled by more than half last year amid a challenging environment including high interest rates......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

BSP sees room for further rate hike

After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Megawide eyes return to bond market

Megawide Construction Corp., the listed infrastructure conglomerate, is returning to the bond market to raise as much as P5 billion......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

SMC to raise P20 billion from bond issuance

Diversified conglomerate San Miguel Corp. intends to raise P20 billion from the offering of the remaining tranche of its bond program......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

BDO funds 28 green projects from P52.7 billion bond proceeds

Around 28 green projects benefitted from the first ASEAN sustainability bond issuance of BDO Unibank Inc. in January 2022, bolstering the bank’s sustainability commitment......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024