By Joann Villanueva/PNA
MANILA -- Risk-on sentiment following the enactment of several economic measures such as the rice tariffication and Bangko Sentral ng Pilipinas (BSP) Charter amendments boosted both the peso and...
By Kris Crismundo/PNA
MANILA – The Philippine economy is expected to grow even stronger this year, the ASEAN+3 Macroeconomic Research Office (AMRO) indicated in its report on Monday.
In its 2018 Annual Consultation Report...
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...
