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Archives

Local markets up due partly to BSP rate hike

MANILA — Philippines’ main equities gauge rose for the second consecutive day ahead of Bangko Sentral ng Pilipinas’ (BSP) announcement on …

BSP hikes rates by an additional 25 bps

MANILA — The Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) on Thursday hiked key policy rates by an additional …

DOF to push for reinclusion of removed Package 1B provisions

MANILA — The Department of Finance (DOF) vowed to exhaust all means to reinclude the provisions on exchange of information, as …

Local shares recover, Peso stays still

MANILA — The Philippine Stock Exchange index (PSEi) on Wednesday ended its three-day slide, lifted by encouraging earnings in the local …

PH on track in borrowing program

MANILA — National Treasurer Rosalia De Leon on Monday said that government is on track in its borrowing program for this …

Risk-off sentiment pull down local markets

MANILA — Expectations of further increases in the US Federal Reserve’s key rates along with drop of prices of oil in …

Local markets down on Fed rate hike anticipation

MANILA — The Philippine Stock Exchange index (PSEi) fell to the 6,900-level Friday and the peso made a u-turn in apparent …

Military pension fund OK’d in principle: DOF chief

MANILA — President Rodrigo R. Duterte has approved the guidelines for creating a unit in the Government Service Insurance System (GSIS) …

PSEi tracks Wall Street’s rise, peso gains vs. dollar

MANILA — Both the local bourse and the Philippine peso ended the week on a positive note, mirroring the outcome of …

Economist forecasts 6% growth in Q3

MANILA — An ING Bank NV Manila Branch economist forecasted a 6.3 percent growth in the Philippine economy in the third …

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