Economy

PH’s overall BOP position posts $467-M surplus in April

PR/Philippine News Agency MANILA -- The country’s overall balance of payments (BOP) position posted a surplus of USD467 million last April, a reversal of the USD270 million BOP deficit recorded in the...

RRR cut buoys stocks, peso

By Leslie Gatpolintan/Philippine News Agency MANILA -- The stock market extended its rally on Monday while the peso ended stronger after recently losing ground to the US dollar, as investors continue to...

Local stocks bounce back, peso remains lethargic

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine Stock Exchange index (PSEi) ended its five-day slide and came back strong on Friday but the peso continued to lose ground to the US...

7-yr T-bond rate down, PH offers Panda bond

By Joann Villanueva/Philippine News Agency MANILA -- The average rate of seven-year Treasury bonds (T-bonds) issued by the Bureau of the Treasury (BTr) declined Wednesday, much like government securities auctioned Tuesday. The debt paper's...

Personal remittances rise to P8.1-B in Q1

PR/Philippine News Agency MANILA -- Personal remittances from Overseas Filipinos (OFs) increased by 6.4 percent year-on-year to USD2.8 billion in March 2019 from USD2.6 billion in March 2018. This brought the total remittances for...

Local markets weaker as trading resumes

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso started the four-day trading week weaker against the US dollar, in step with the main equities gauge, which also ended the session with...

Popular