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Peso up on lower US treasury yields as PSEi falls on profit-taking

MANILA—A lower yields in US treasury boosted the Philippine peso Monday while the local equities market fell due to profit-taking. …

PHL foreign debts down to USD74.8 B in end-2016

MANILA— Strengthening of the US dollar against other currencies along with repayments by the national government (NG) of its foreign …

PSEi tracks regional rally, PHP stays firm vs. USD

MANILA—Dovish comments from Federal Reserve officials after this week’s rate hike sustained the Philippine Stock Exchange’s (PSEi) rise Friday and …

BSP requires PHL banks to have social media risk management program

MANILA—Philippine banks are now required to have a social media risk management program to protect it from possible reputational risks, …

PHP, PSEi start uptick after Fed rate hike

MANILA—Risk-on sentiment after the hike in the Federal Reserve’s key rates and expectations of at least two additional increases within …

DOF exec says proposed list of sectors that need to pay VAT well-studied

MANILA—A ranking official of the Department of Finance (DOF) said the tax reform proposal will be evidence-based, thus, any suggestion …

No need to hike BSP rates after Fed increases key rates – Tetangco

MANILA—Bangko Sentral ng Pilipinas (BSP) does not need to mirror the latest hike in the Federal Reserve’s key rates. This …

Dominguez: Approval of 1st phase of tax reform proposal to protect PHL from protectionist policies

MANILA—Measures to ensure that the Philippines’ strong domestic growth get further traction, and thus, prevent any impact of protectionist policies …

Tetangco cites basic requirements for next BSP chief

MANILA—Good understanding of the Bangko Sentral ng Pilipinas (BSP) governor’s job, patience and a knowledge of how to work with …

PHL T-bill rates up across the board Monday

MANILA, March 13 (PNA) – Average rate of the Philippine government’s Treasury bills (T-bills) rose Monday on higher probability of …

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