MANILA – Profit-taking resulted in another drop in the Philippine Stock Exchange index (PSEi) on Friday but the peso appreciated against the US dollar.... Read full article
MANILA – Rising domestic coronavirus disease 2019 (Covid-19) infections continue to have an impact on investors, resulting in the negative close of both the main stocks index and peso on Friday.... Read full article
MANILA – Local shares bounced back on Thursday as bargain hunters looked for markets with no presence yet of the Omicron variant of the coronavirus disease 2019 (Covid-19), while the peso ended the day’s trading almost unchanged.... Read full article
MANILA – The Department of Finance (DOF) is now finetuning a proposed arrangement with the Power Sector Assets and Liabilities Management Corporation (PSALM) and National Power Corp. (NPC) on the funding rollout and implementation of the estimated PH... Read full article
MANILA – The Bureau of the Treasury (BTr) again rejected bids for the three- and 12-month Treasury bills (T-bills) due to high rate demand from investors.... Read full article
MANILA – The Philippines’ long-term prospects remain positive, a Department of Finance (DOF) economic bulletin said after noting the recovery of foreign direct investments (FDIs) in the first half of the year.... Read full article
MANILA – The Department of Transportation (DOTr) is set to recommend to the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) an increase in passenger capacity in public utility vehicles... Read full article
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