MANILA -- The Philippine government and Asian Development Bank (ADB) have signed an agreement covering an indicative USD7.1 billion sovereign lending program that will mainly support the Duterte administration’s “Build, Build, Build”...
MANILA -- The Philippine stock market closed Tuesday on a positive note to end the eight-day losing streak but the Philippine peso continued to slide against the US dollar.
The local currency finished...
MANILA -- While the Philippine peso was regaining strength against the greenback on Thursday, local stocks continued their decline, plunging more than 2 percent, sinking deeper into bear territory.
The local unit rose...
MANILA -- Budget Secretary Benjamin Diokno on Wednesday said the government has instituted measures to fast track the processing of foreign-assisted projects and to address underspending, as the country prepares for the...
MANILA -- The Philippine peso, hovering around a 12-year low, weakened further against the greenback, while the local stock market slipped deeper into bear-market territory on Wednesday.
The local unit closed today's session...
MANILA – The Philippine peso extended its decline for the sixth consecutive trading day, while the local bourse continued its losing streak as it fell back to the 7,400-zone on Monday.
The local...
