Business

20-year PH T-bond rate declines

By Joann Villanueva/Philippine News Agency MANILA -- The rate of 20-year Treasury bonds (T-bond) have declined to 5.015 percent Tuesday, prompting National Treasurer Rosalia de Leon to attribute the development to a...

Peso rises to 50-level, but local stocks slip

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso appreciated against the US dollar Tuesday but the Philippine Stock Exchange index (PSEi) slipped after investors stayed on the sidelines as US...

New PAL president named

By Ma. Cristina Arayata/Philippine News Agency MANILA -- The Philippine Airlines (PAL) board of directors confirmed on Monday the appointment of Gilbert Santa Maria as the flag carrier's new president and chief...

Oil companies announce price adjustments Tuesday

By Joann Villanueva/Philippine News Agency MANILA -- Several oil companies on Monday announced changes in the prices of their products effective 6 a.m. on Tuesday, July 30, 2019. Petron Corporation, PTT Philippines and...

PSEi rise, peso sideways ahead of FOMC, US-China meetings

By Joann Villanueva/Philippine News Agency MANILA – The Philippine Stock Exchange index (PSEi) ended Monday up even ahead of the Federal Open Market Committee (FOMC) meeting decision, among others, while the peso...

Online stock broker sees PSE index hitting 9,100-level next year

By Leslie Gatpolintan/Philippine News Agency MANILA -- Online stock brokerage COL Financial sees corporate earnings growing 13 percent this year, boosting the rise of the Philippine Stock Exchange index (PSEi) to 8,600...
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