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MANILA – Robust demand for the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills resulted in the rise of the debt paper’s rates on Friday.... Read full article
MANILA – An analyst has forecast the Philippine peso’s 2022 performance to be driven by changes in the Federal Reserve’s policy rates instead of trade developments, just like what happened last year. ... Read full article
MANILA – With the easing of travel restrictions and lowering of alert level in Metro Manila and other parts of the country, balancing health and economy will be possible... Read full article
MANILA – Placing the National Capital Region Plus back on Alert Level 3 due rising coronavirus disease 2019 (Covid-19) cases is seen to result in a weekly gross value added (GVA) loss of around PHP3 billion, economic managers said.... Read full article
MANILA – Bargain hunters reigned in the local bourse on Thursday resulting in the negative close of the main index, but the local currency finished sideways against the US dollar. ... Read full article
MANILA – The Bureau of the Treasury (BTr) fully awarded the 91-day and 182-day Treasury bills (T-bills) but partially awarded the 364-day tenor during an auction on Monday after investors asked for high yields.... Read full article
MANILA – Growth of inflows from overseas Filipino workers (OFWs) will be driven by the recovery of countries from another period of lockdowns as coronavirus disease 2019 (Covid-19) infections rise anew.... Read full article
MANILA – The Department of Energy (DOE) will ask the 19th Congress to prioritize the review of the oil deregulation law as the agency aims to ease petroleum prices.... Read full article
MANILA – The peso is expected to trade within a wide range this and next year given the pandemic-related developments, as policy responses impact on investors’ confidence on the economy in general, Fitch Solutions said. ... Read full article
Discover where to buy Chinese New Year essentials in the Philippines—from Binondo and Divisoria to malls, supermarkets, and online shops. This guide highlights trusted sources for tikoy, décor, gift hampers, and festive must-haves.... Read full article