Economy

T-bill rates decline anew

By Joann Villanueva/Philippine News Agency MANILA – The rates of Philippines Treasury bills (T-bills) declined by as much as 10 basis points Monday, still on robust demand and rate hike expectations in...

BSP revises 2019 BOP projection to $3.7-B surplus

By Joann Villanueva/Philippine News Agency MANILA – Philippine monetary officials on Friday announced the revision of the 2019 balance of payment (BOP) projection from a USD3.5-billion deficit to a USD3.7-billion surplus. In a...

Guinigundo: Prospects for domestic growth ‘bright’ in 2019

By Joann Villanueva/Philippine News Agency MANILA -- A ranking official of the Bangko Sentral ng Pilipinas (BSP) said domestic growth prospects remain bright, thus, he expects the economy to post a growth...

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...

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