Economy

Optimism on US-China trade discussions boost PSEi, Peso

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine Stock Exchange index (PSEi) recovered after a two-day slide and positive investor sentiment improved the peso as well in Thursday trading. The main equities...

NEDA: Creative hubs to spur Filipino creative industries

PR/Philippine News Agency MANILA -- The National Economic and Development Authority (NEDA) sees the potential of establishing more “creative hubs” as a way to boost creative industries and to support the country’s...

BSP cuts TDF volume announcement lead time

By Joann Villanueva/Philippine News Agency MANILA -- The Bangko Sentral ng Pilipinas (BSP) has shortened the lead time for announcements of term deposit facility (TDF) volume from seven days to only two...

BTr announces lower Q3 borrowing program

By Joann Villanueva/Philippine News Agency MANILA -- The Bureau of the Treasury (BTr) is scheduled to issue a total of PHP230 billion-worth of government securities in the third quarter of this year,...

Local markets down on geopolitical concerns

By Joann Villanueva/Philippine News Agency MANILA -- Risk aversion capped the Philippine peso’s rise against the US dollar Wednesday and also triggered another slide in the Philippine Stock Exchange index (PSEi). The local...

TDF rates, bid coverage ratios decline

By Joann Villanueva/Philippine News Agency MANILA -- Rates of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facilities (TDF) declined Wednesday, reminiscent of the auction of government-issued securities on Tuesday. Data released by...

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