economy

Peso hits new record low vs $1; 62 in sight

The Philippine peso sank further past the 61-per-dollar mark on Wednesday, hitting a fresh record…

PSEi extends slump to fifth day

Local stocks fell on Tuesday, extending losses to a fifth straight session as investors stayed…

Peso sinks past 61 vs $1, a new record low 

The Philippine peso fell to a fresh record low on Tuesday, breaching the 61-per-dollar level…

BIZ BUZZ: For Remolona, ‘A’ rating dream still alive

It’s not game over yet for the Philippines’ long-sought “A” credit rating—at least if you…

‘Measured’ BSP rate hikes on the horizon, analysts say 

More interest rate increases may be on the horizon this year, analysts said, as the…

PH firms turn sharply pessimistic amid war

Business confidence in the country plunged in March as companies reckoned with soaring energy costs…

BSP delivers 1st rate hike in 2 years

For the first time in more than two years, the Bangko Sentral ng Pilipinas (BSP)…

PSEi holds above 6,000

Local stocks eked out a modest gain on Tuesday as cautious optimism over geopolitical developments…

Mideast war pushes PH dollar deficit to over one-year high

More foreign currency left the Philippines than entered in March, pushing the balance of payments…

UA&P: April inflation to breach 5%, erode recovery gains

Philippine inflation may spike past 5 percent in April due to the energy crisis, potentially…