Economy

Peso remains unchanged at 51.70, stocks slip anew

By Leslie Gatpolintan/PNA MANILA -- The peso remained unchanged on Friday while stocks declined anew as investors sold heavily following adjustments made in the benchmark index of MSCI. The local currency closed 51.70...

BSP eyes February 2019 inflation between 3.7-4.5%

By Joann Villanueva/PNA MANILA -- Higher domestic oil prices as well as higher electricity rates are seen as the primary drivers of inflation in February 2019, which the Bangko Sentral ng Pilipinas...

Peso up, PSEi slips on Fed’s key rate outlook

By Joann Villanueva/PNA MANILA -- The Philippine peso ended Wednesday at its nine-month high against the US dollar but the benchmark for local share prices slipped partly due to wait-and-see stance statement...

Local markets held back by external news

By Joann Villanueva/PNA MANILA -- News suggesting that the Federal Reserve’s key rates will remain on their current trajectory this year resulted in the weakness of the Philippine Stock Exchange index (PSEi)...

BI lacks expertise to issue special work permits: solon

By Filane Mikee Cervantes/ PNA MANILA -- Senator Joel Villanueva on Thursday said there is a special provision in the proposed 2019 national budget prohibiting the Bureau of Immigration to issue special work...

PH to offer 5-year RTB from February 26-March 8

By Joann Villanueva/ PNA MANILA -- The Bureau of the Treasury (BTr) has introduced an innovation in its Retail Treasury Bond (RTB) offering as investors can now order them through an online facility. In...

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