Economy

PSEi improves; peso depreciates on rate hike expectations

By Joann Villanueva/PNA MANILA – The Philippines’ main equities gauge recovered Tuesday but the peso weakened on expectations of fresh monetary easing by the Bangko Sentral ng Pilipinas (BSP) this year. The Philippine...

Peso closed sideways; USD; local shares down

By Joann Villanueva/PNA MANILA -- The Philippine peso closed sideways against the greenback on Monday as investors express hope for a cut in the Bangko Sentral ng Pilipinas’ (BSP) key rates but...

PRRD: Reenacted budget will decrease PH growth rate

By Azer Parrocha/PNA MANILA -- If the Philippine government continues to operate on a reenacted budget, the country’s growth rate will take a blow, President Rodrigo R. Duterte said on Monday night. Duterte...

Gov’t sees steady inflation downtrend till yearend

by Leslie Gatpolintan/PNA MANILA -- Economic managers are optimistic the downward path of inflation will continue for the rest of the year on the back of reforms recently rolled out, after the country’s inflation...

Bank exec says Diokno has ‘bird’s-eye view’ of economy

By Joann Villanueva/PNA MANILA – A ranking BDO Unibank Inc. official is optimistic on the appointment of former Department of Budget and Management Secretary (DBM) Benjamin Diokno as Bangko Sentral ng Pilipinas...

Local stocks rise, peso sideways at trading week’s start

By Joann Villanueva/PNA MANILA -- Rising hopes for a US-China trade agreement continue to boost sentiments and allowed the main equities gauge to finish Monday’s trading up but the peso closed sideways...

Popular