Sunday, 09 August 2020


Recent News
  • Japan approves 51-bn peso loan for Philippine subway

    07:00 | 17/3/18
    The Nation
    THE ROLLOUT of the country's first subway system moved a step closer as the Japanese government extended a 104.5-billion yen or 51.3-billion peso loan to finance the initial phase of the flagship infrastructure project. Japan International Cooperation ... more»
  • Peso remains strong vs. USD; PSEi slides anew

    16:45 | 16/3/18
    Philippine Canadian Inquirer
    MANILA - Political concerns in the US continue to worry investors resulting in the risk-off sentiment even in the Philippine equities market Thursday but the Philippine peso remained strong against the greenback. The local currency finished the day at ... more»
  • Where are the winners from Philippines' peso plunge? Look abroad

    21:15 | 7/3/18
    The Straits Times
    MANILA (BLOOMBERG) - One bright spot from the Philippine peso's slump to an 11-year low against the US dollar can be found among the nation's more than 10 million overseas workers. more»
  • Overseas Filipinos gain from falling peso

    18:03 | 7/3/18
    The National
    Aileen Almazan, 37, who works as an information technology professional in Singapore, says it's an opportune time to lock in more pesos into her Philippine savings account so she has more money to spend when she visits Manila. Marlyn de la Cruz, 51, a ... more»
  • Stocks down, peso firm

    02:52 | 7/3/18
    Share prices ended lower Tuesday amid investor concerns over the higher-than-expected inflation rate in February. The Philippine peso firmed to 51.81 to 51.98 per dollar from Monday's close of 52 in early trade before closing unchanged from previous ... more»
  • Peso closes unchanged due to 'mixed readings' of Feb. inflation

    00:28 | 7/3/18
    GMA News
    The Philippine peso closed unchanged on Tuesday, as the market encountered “mixed readings” regarding the February inflation data. more»
  • DOF cites need for flexible exchange rate

    17:07 | 4/3/18
    It traced the peso's depreciation to correction after strengthening in the past years. It said that after the local unit weakened against the dollar in 2004 and posting its strongest in 2007, the peso, as of February this year, has appreciated by 7.3 ... more»
  • Weak peso propels outstanding PH debt to record P6.73T in January

    12:37 | 2/3/18
    The Treasury said that the “reduced level of domestic debt were due to net redemption of government securities amounting to P11.17 billion. more»
  • Duterte's Ambitious 'Build, Build, Build' Project To Transform The Philippines ...

    22:11 | 28/2/18
    Experts have expressed doubts over absorption capacity of government agencies to undertake projects competently and on time; risk of large-scale corruption and bidding anomalies affecting foreign, especially Chinese-led, projects; lack of construction ... more»
  • Philippines pesos to US dollar exchange at 11-year lows

    21:15 | 25/2/18
    "BSP sells foreign exchange from its reserves to manage excessive peso volatility," said BSP Governor Nestor Espenilla, adding that the tongue cancer he had been diagnosed with in November was successfully treated and he was closely monitoring the ... more»
Global Indices
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