By Joann Villanueva/Philippine News Agency
MANILA -- Positive investors sentiment boosted both the Philippine peso, which firmed up to the 51-level against the greenback, and the Philippine Stock Exchange index (PSEi) Monday.
The...
PR/Philippine News Agency
MANILA -- Preliminary data show that outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with central bank, grew at a slightly slower rate of...
By Leslie Gatpolintan/Philippine News Agency
MANILA -- Local share prices rose for the third straight day on Thursday aided by month-end window dressing activities, while the peso strengthened against the US dollar.
The...
PR/via Naomi Tiburcio - PTV News
MANILA — Following discussions in the last two weeks, the Economic Development Cluster (EDC) has agreed on a strategy to catch up on economic growth given the...
Philippine News Agency
MANILA – Economic managers have agreed to further strengthen coordination with other agencies, especially on acquiring permits and other requirements, to fast-track implementation of infrastructure and socioeconomic programs to...
By Joann Villanueva/Philippine News Agency
MANILA – Philippine monetary officials on Thursday cut mid-sized and small banks’ reserve requirement ratio (RRR), a week after cutting universal and commercial banks’ (U/KB) RRR.
“This morning,...