Economy

PH T-bill rates rise on year’s 1st auction

By Joann Villanueva/PNA MANILA -- The rates of Philippine Treasury bills (T-bills) rose across-the-board Monday, with strong demand being behind the rise in longer tenors, which National Treasurer Rosalia De Leon attributed...

PSEi rises anew; peso pulls back on risk-off sentiment

By Joann Villanueva/PNA MANILA -- Risk-on sentiments remained in the Philippines’ equity market Thursday but the peso weakened to its two-week low in line with its counterparts in the region. The Philippine Stock...

ING economist eyes December ‘18 inflation at 5.5%

By Joann Villanueva/PNA MANILA -- Philippines’ December 2018 inflation rate is seen to slide further to 5.5 percent as supply-side issues have been addressed and oil prices continue to decline in the...

PSEi, PHP start 2019 on positive note

By Joann Villanueva/PNA MANILA -- Volatilities remain overseas due in part to the US government shutdown, which is now on its 11th day, but the Philippine Stock Exchange index (PSEi) and the...

PH banking system resilient amid external concerns

By Joann Villanueva/PNA MANILA -- The Philippine banking system has remained fundamentally strong despite having its share of challenges over the years, and 2018 proved to be no exception. Its resiliency has been...

Peso flat, PSEi down on 2018’s last trading day

by Kris Crismundo/PNA MANILA -- The Philippine peso ended sideways against the US dollar while the local stock market slipped during the last day of trading for 2018. The peso ended Friday at 52.58...

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