Economy

Domestic Liquidity Expands in June

PR Preliminary data show that domestic liquidity (M3) grew by 6.4 percent year-on-year to about ₱11.8 trillion in June 2019, unchanged from the rate of expansion in May 2019. On a month-on-month...

BSP eyes July inflation between 2.0 to 2.8%

By Joann Villanueva/Philippine News Agency MANILA -- Lower prices of rice and cooking gas are seen to cause the country's inflation rate to sustain its decline in July 2019, with government economists...

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...

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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