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Stocks up, peso falls to 19-month low

The stock market sustained Friday’s momentum opening on a high note yesterday as investors shopped for bargains. The peso meanwhile, retreated to a 19-month low against the greenback......»»

Category: financeSource: philstar philstarJun 3rd, 2024

Soaring US Treasury yields pummel Philippines stocks, peso

Local stocks continued their slump, sinking the market to the 6,300 territory as the peso retreated to another 18-month low against the dollar......»»

Category: financeSource:  philstarRelated NewsMay 30th, 2024

Philippine peso edges closer to record low

The Philippine peso is trading precariously close to its all-time low against the US dollar......»»

Category: financeSource:  philstarRelated NewsMay 27th, 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

Stocks, peso fall

The stock market plunged deeper in the red, falling back to the 6,400 level due to economic concerns, while the peso weakened to near all-time low against the dollar......»»

Category: financeSource:  philstarRelated NewsMay 29th, 2024

WATCH: Palawan s hidden gem Pamuayan Falls

Pamuayan Falls, also called Pawpawyan Falls, is a beautiful little waterfall located 5.6 kilometers northeast from the coastal town of Port Barton in San Vicente, Palawan......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Market plunges on inflation, peso woes

Share prices retreated amid concerns on inflation as well as the peso, which slumped for a second straight trading day to fresh 19-month lows......»»

Category: financeSource:  philstarRelated NewsJun 4th, 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

Philippine stocks fall as investors realign holdings

Local stocks tumbled yesterday ahead of month-end realigning of portfolios......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income

Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

SM Prime sets interest rates for peso bonds

Sy-led integrated property developer SM Prime Holdings Inc. has set the interest rates for its peso-denominated bonds to raise at least P20 billion......»»

Category: newsSource:  philstarRelated NewsJun 5th, 2024

Weakening peso may affect Pinoys’ travel plans

Filipinos may start cutting their travel spending if the peso continues to lose its value, as airlines are expected to raise airfares to offset their foreign exchange costs......»»

Category: financeSource:  philstarRelated NewsJun 4th, 2024

Air fares to go up as peso weakens

Low-cost carrier Cebu Pacific expects the cost of air travel to go up if the peso keeps on depreciating, as the airline sources its jet fuel abroad, making it prone to foreign exchange fluctuations......»»

Category: financeSource:  philstarRelated NewsMay 23rd, 2024

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 NewsMay 19th, 2024

The skidding peso again?

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

Category: financeSource:  philstarRelated NewsMay 13th, 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

Rice inventory drops to 17-month low

The country’s rice stocks in February fell to their lowest level in more than a year despite higher imports recorded at the start of the year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Power rates down by P0.37/kWh for Feb-Mar billing

High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

Why are meme stocks rallying again?

Here is what you need to know about the recent surge in meme stocks.....»»

Category: newsSource:  rapplerRelated NewsJun 7th, 2024

DOH calls for good maintenance of vaccine stocks amid high temperature

DOH calls for good maintenance of vaccine stocks amid high temperature.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

Stocks extend losing streak

Local stocks continued its descent as investors took a cautious approach ahead of the Bangko Sentral ng Pilipinas policy meeting......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024