Economy

PSEi rises, peso falls on global trade issues

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine Stock Exchange index (PSEi) on Wednesday benefitted from the US government’s decision to delay its ban on Huawei products but the peso depreciated...

Gov’t targets 50-M Filipinos for micro insurance coverage by 2022

Leslie Gatpolintan/Philippine News Agency  MANILA -- The government targets to place 11 million more Filipinos under microinsurance coverage in the next four years to provide protection and financial security especially in times of...

Econ managers to decide on PH move on US-China trade war

By Azer Parrocha/Philippine News Agency MANILA -- The Duterte administration’s economic managers will decide on the steps the government must take in relation to the trade war between the United States and...

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...

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