PSEi falls as US-Iran talks end without peace deal
PHILIPPINE SHARES ended in the red on Monday, halting a three-day climb as sentiment soured again after talks between the United States and Iran...
Global fund managers seek reporting crackdown after Philippine flood-control scandal
MONEY MANAGERS led by BNP Paribas Asset Management and Robeco Institutional Asset Management BV are putting pressure on the Philippine government to introduce stricter...
Philippines’ Marcos suspends excise tax on kerosene, LPG
MANILA — Philippine President Ferdinand Marcos Jr suspended taxes on kerosene and liquefied petroleum gas (LPG) on Monday to help consumers cope with rising...
House pushes fuel tax credit for immediate price relief
Congressmen are pushing a tax credit scheme to allow immediate fuel price cuts, challenging the Department of Finance’s (DoF) position that suspending excise taxes may...
Diesel price rollback seen at P20 per liter
MOTORISTS are finally getting a much-needed break after weeks of hefty increases, as the Department of Energy expects pump price rollbacks, with diesel prices seen dropping by at least P20 per liter (/l).
IMF-World Bank meetings to kick off with the global economy under strain
WASHINGTON, D.C. — The International Monetary Fund (IMF) and World Bank hold their spring meetings this week as the war in the Middle East...
NG gross borrowings jump over 40% in Feb.
THE National Government’s (NG) gross borrowings grew by over 40% in February amid a surge in domestic borrowings, the Bureau of the Treasury (BTr)...
PEZA says one-year WFH to help protect jobs, growth
ALLOWING economic zone locators to adopt work-from-home (WFH) arrangements for one year will help sustain business growth and preserve jobs amid external headwinds, the Philippine Economic Zone Authority (PEZA) said.
Peso to move sideways vs dollar with Middle East developments in focus
THE PESO may trade sideways against the dollar this week as markets remain on edge amid the temporary ceasefire deal between the United States...
Cautious trading seen with US-Iran talks in focus
PHILIPPINE SHARES may move sideways as investors monitor updates on the US-Iran conflict, with market sentiment to be driven by the outcome of talks...
Fuel shortages from Iran war threaten Asia’s biggest food staple
Harvest-ready rice fields are lying idle and farmers are deciding whether to skip planting for the coming season, as spiking fuel and fertilizer costs...
Philippines’ FDI net inflows slide to 4-month low in January
NET INFLOWS of foreign direct investments (FDI) slumped to a four-month low in January as geopolitical risks dampened investor sentiment, the Bangko Sentral ng...