Economy

Diokno: Ratings upgrade to spur rise in FDIs

By Joann Villanueva/Philippine News Agency MANILA -- Foreign Direct Investments (FDIs) into the Philippines will likely increase further in the coming months due in part to the recent upgrade of the country’s...

Peso stays firm, local shares drop ahead of Powell’s testimony

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso stayed firm against the US dollar Tuesday but the Philippine Stock Exchange index (PSEi) fell for the second consecutive day ahead of...

PSEi higher on rate cut hopes, Peso ends sideways

By Joann Villanueva/Philippine News Agency MANILA -- The inflation rate slowdown in June boosted the Philippine Stock Exchange index (PSEi), fueling expectations of another cut in central bank's key rates, while the...

PH stays alert for potential risks to inflation

By Leslie Gatpolintan/Philippine News Agency MANILA -- Economic managers remain watchful of potential risks that can cause price pressures in the coming months, such as weather-related shocks, even as the inflation rate...

Philstocks Financial sees PSEi ending 2019 at 8,500-level

By Leslie Gatpolintan/Philippine News Agency MANILA -- Online stockbroker Philstocks Financial Inc. projects the Philippine Stock Exchange index (PSEi) to rise as high as 8,500 level by the end of the year,...

PSEi higher on rate cut hopes, Peso ends sideways

By Joann Villanueva/Philippine News Agency MANILA -- The inflation rate slowdown in June boosted the Philippine Stock Exchange index (PSEi), fueling expectations of another cut in central bank's key rates, while the...

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