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Archives

Local markets retreat on risk-on sentiment

MANILA — Geo-political uncertainties continue to worry investors resulting in the drop of the Philippine Stock Exchange index (PSEi) and the …

GDP to take a hit from reenacted budget

MANILA — An estimated 1.1 to 2.3 percentage points is expected to be shaved off the Philippines’ gross domestic product (GDP) …

PH T-bill rates rise anew on hopes of steady BSP rates

MANILA — The strong demand for Philippine government-issued Treasury bills (T-bills) continues to push its rates up on a weekly basis, …

Overseas trade concerns weigh down PSEi; peso keeps gains

MANILA — The Philippine peso ended sideways against the US dollar during Thursday’s session but the Philippine Stock Exchange index (PSEi) …

BSP, biz leaders hopeful despite dampened sentiments in Q4

MANILA — Monetary officials and business leaders remain hopeful that both business and consumer sentiments would start perking up in the …

DOF economist eyes November inflation at 6.3%

MANILA — A Department of Finance (DOF) official forecasts November 2018 inflation to decelerate to 6.3 percent from hitting its multi-year …

Soft loans from Japan, China won’t balloon PH debt

CLARK, Pampanga — Finance Secretary Carlos Dominguez III on Monday stressed that the country is not falling into a debt trap …

Local stocks up, peso sideways as trading week ends

MANILA — The continued softening of world crude prices allowed the Philippine Stock Exchange index (PSEi) to finish the week with …

Trading week begins on a positive note

MANILA — Hopes for a continued rise in interest rates here and in the US boosted the Philippine peso, while clear …

PSEi hits 7,000-level, Peso up slightly in Friday trading

MANILA — The Philippine Stock Exchange index (PSEi) climbed to the 7,000-level while the peso gained a little more ground against …

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