Economy

Local stocks higher, peso sideways as trading week begins

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine Stock Exchange index (PSEi) ended Monday with gains, reportedly inspired by reports of the improvement of non-farm payrolls in the US last March,...

Solons laud easing of PH inflation

by Jose Cielito Reganit/PNA MANILA -- Two lawmakers at the House of Representatives on Friday welcomed the continuing downward trend of inflation rate in the country, which marked its fifth consecutive month of slowdown...

Palace confident of inflation to continuously go down

by EJ Roque/PNA MANILA - Malacañang on Friday expressed confidence that inflation rate will continue to go down for the rest of the year after recent March 2019 figures showed the country registering its...

Stocks, peso weaken ahead of March inflation report

By Joann Villanueva/PNA MANILA -- Wait-and-see stance ahead of the release of Philippines' March 2019 inflation rate on Friday resulted in the decline of the main equities gauge and weakening of the...

TDF rates down Wednesday

By Joann Villanueva/PNA MANILA -- The rates of Bangko Sentral ng Pilipinas’ (BSP) term facilities declined Wednesday in the face of greater submissions from banks. Data released by the BSP showed that rate of...

Local markets higher on Wednesday amid growth forecast cuts

By Joann Villanueva/PNA MANILA -- Both the Philippine Stock Exchange index (PSEi) and the local currency managed to end Wednesday’s trading higher despite the release of uninspiring outlooks on the domestic as well...

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