Economy

Local markets weighed down by geopolitical tensions abroad

By Joann Villanueva/Philippine News Agency MANILA -- Geopolitical issues overseas heightened investors' risk aversion mood, resulting in a retreat by the Philippine Stock Exchange index (PSEi) and the weakening of the peso...

TDF undersubscribed, rates post mix results

By Joann Villanueva/Philippine News Agency MANILA -- The Bangko Sentral ng Pilipinas’ (BSP) term facilities were mostly undersubscribed during the auction on Thursday even while the rates were mostly higher. Data released by...

Peso little changed, local stocks up

By Joann Villanueva/Philippine News Agency MANILA -- Risk aversion, fueled by ongoing trade issues between the US and China, resulted in the sideways close of the Philippine peso on Thursday but the...

BSP: Industry leaders maintain bullish outlook on banking system

PR/Philippine News Agency MANILA -- The Bangko Sentral ng Pilipinas (BSP) disclosed on Tuesday that it has published the Report on the Banking Sector Outlook Survey (BSOS) for the second semester of...

DOF seeks ways to engage incoming Congress on priority bills

PR/Philippine News Agency MANILA -- Finance Secretary Carlos Dominguez III has ordered a study on ways to actively engage lawmakers of the incoming Congress to speed up the approval of the rest...

Peso gains ground, local shares slip

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso improved against the US dollar Tuesday, ending stronger at the 51-level, but the Philippine Stock Exchange index (PSEi) closed in the red...

Popular