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Peso stays strong but local shares weaken

MANILA — The Philippine peso ended against the US dollar firm on Monday but the Philippine Stock Exchange index (PSEi) fell …

Local markets treat inflation report as ‘non-event’

MANILA – The Philippine Peso ended the week on a better footing against the greenback but the main equities gauge fell …

Economist forecasts slower inflation

MANILA — An economist of ING Bank NV Manila said the spike in inflation is likely to taper off by end-2018 …

Tightening of BSP key rates expected

MANILA – Some economists forecast further tightening of the Bangko Sentral ng Pilipinas’ (BSP) key rates before yearend to counter rising …

Non-monetary measures needed to bring down inflation: BSP

MANILA — Non-monetary measures need to be put in place to help slow the rise of inflation and bring it back …

Local markets weaken ahead of September inflation report

MANILA — Bargain hunting pinned Philippines equities Thursday contributing to the peso’s weakness a day after both markets ended trading with …

PSEi seen to recover after inflation peak

MANILA — The local bourse as reflected by the Philippine Stock Exchange index (PSEi), is expected to make a comeback in …

Diokno discounts change in 3% of GDP budget deficit cap

MANILA – Philippine economic managers are sticking with their original three percent budget deficit cap for 2018 and 3.2 percent for …

Another rate hike seen in December

MANILA — Some economists project one more increase in the Bangko Sentral ng Pilipinas’ (BSP) key rates before yearend, even after …

BSP raises inflation projections

MANILA — Philippine monetary officials on Thursday raised the Bangko Sentral ng Pilipinas’ (BSP) average inflation projections for 2018 and 2019 …

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