Economy

PH T-bill rates rise anew on hopes of steady BSP rates

By Joann Villanueva/PNA MANILA -- The strong demand for Philippine government-issued Treasury bills (T-bills) continues to push its rates up on a weekly basis, with this week not being an exemption. Rate of...

Trading week ends with peso sideways, local shares lower

By Joann Villanueva/PNA MANILA -- The Philippine peso managed to end the week sideways while the local bourse shed amid fears that the truce in the US-China trade war will be cut...

2019 inflation seen at 3.6% despite oil tax hike

By Leslie Gatpolintan/PNA MANILA -- The country’s inflation rate is expected to decline further below 6 percent this month and even lower to 3.6 percent next year, even if the second tranche...

Overseas trade concerns weigh down PSEi; peso keeps gains

By Joann Villanueva - PNA MANILA -- The Philippine peso ended sideways against the US dollar during Thursday's session but the Philippine Stock Exchange index (PSEi) failed to recover on renewed trade...

Local markets pull back in midweek trading

By Joann Villanueva - PNA MANILA -- Risk-off sentiment was up in Philippine markets on Wednesday, resulting in a weakening in the main equities gauge and the peso following the big sell-off...

PH still monitoring global dev’t for bond issuance

By Joann Villanueva - PNA MANILA -- The Philippine government is still on a wait-and-see stance vis-a-vis its planned US dollar bond sale, which it targets to issue this quarter. In an interview...

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