Economy

PSEi down anew due to oil price upticks, quake fears

By Joann Villanueva/Philippine News Agency MANILA – The Philippine Stock Exchange index (PSEi) declined for the second day in a row Tuesday as investors await the release of latest damage reports from...

Economist urges PH to update poverty threshold

By Aerol John Pateña/Philippine News Agency MANILA -- An economist of the World Bank (WB) is urging the Philippine government to update its poverty threshold in order to present a more realistic...

PSEi down anew due to oil price upticks, quake fears

By Joann Villanueva/Philippine News Agency MANILA – The Philippine Stock Exchange index (PSEi) declined for the second day in a row Tuesday as investors await the release of latest damage reports from...

PSEi recovers, peso weakens on lower remittance growth

By Joann Villanueva/Philippine News Agency MANILA -- Philippine shares bounced back on Tuesday but the peso lost steam because of the less-than-stellar growth of remittances by Filipino workers overseas in February this year. After...

Enactment of 2019 national budget to spur economic growth

By Joann Villanueva/Philippine News Agency MANILA -- Finance Secretary Carlos Dominguez III hailed the signing into law of the PHP3.7-trillion 2019 national budget, citing its importance towards attaining sustained growth of the...

Peso firms up, local shares slide

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso ended stronger against the US dollar while the Philippine Stock Exchange index (PSEi) finished in the red as the abbreviated trading week...

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