By Joann Villanueva/PNA
MANILA -- The Philippine Stock Exchange index (PSEi) recovered Thursday after a four-day slide but the peso closed even weaker against the greenback.
The composite index rose 0.90 percent, or 71.01...
By Kris Crismundo/PNA
MANILA -- Inflation in the country is expected to settle back into the government’s target band of 2 percent to 4 percent beginning in the second quarter of the year,...
By Joann Villanueva/PNA
MANILA -- Profit-taking continued to drain Philippine equities, with the main gauge down to the 7,900-level, while the market's cautious stance weighed down the peso Thursday.
The Philippine Stock Exchange index...
By Joann Villanueva/PNA
MANILA – An economist of ING Bank Manila forecasts lower trade and current account deficit for the Philippines in 2019, mainly due to projections of lower oil importation.
“Slightly lower...
By Joann Villanueva/PNA
MANILA -- Foreign investment inflows continue to back the Philippine peso amid the risk-off sentiment triggered by the meeting between US and Chinese officials in Beijing this week, which...
PNA
MANILA -- Investors decided to stay at the sidelines Monday, resulting in the sideways closing of the Philippine peso and the decline of the Philippines' main stocks index.
The local currency finished the...
