MANILA -- The Bangko Sentral ng Pilipinas (BSP) cut the offering for its 14-day Term Deposit Facility (TDF) up for auction on September 26, 2018 by half to PHP10 billion on the...
MANILA -- Local banana growers urged the government to fast track negotiations with South Korea to immediately lower the tariff on Philippine banana exports, noting that they cannot wait for the conclusion...
MANILA -- Risk-off sentiments continue to dampen trading in the Philippines' equities and foreign exchange markets Thursday.
The Philippine Stock Exchange index (PSEi) lost 1.20 percent or 86.50 points to 7,134.73 points.
Landbank market...
BALANGA CITY, Bataan -- The National Food Authority's (NFA) offer of PHP17 per kg. of palay cannot compete with the PHP28 per kg. or more offered by private rice traders.
With this in...
MANILA -- The Philippine peso showed resilience, closing little changed against the greenback on Wednesday while the Philippine Stock Exchange index (PSEi) fell anew, partly on investors' persistent worries about the inflationary...
CLARK, Pampanga -- An economist of Barclays forecasts continued widening of the Philippines’ current account deficit to above two percent of gross domestic product (GDP) as the country imports more to meet...