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PH peso drops to weakest level in more than 3 months

ABS-CBN News
Posted at Mar 19 11:41 PM

Philippine exporters are calling for more government support, as a weak peso is doing little to boost the industry. Read more »

Diokno on the peso and the economy

ABS-CBN News
Posted at Mar 12 11:12 PM

After this interview between ANC anchor Cathy Yang and new central bank chief Benjamin Diokno, the Philippine peso ended weaker on Tuesday. Read more »

Diokno on P52 vs $1: 'I don't find it too strong'

Cathy Yang and Joel Guinto, ABS-CBN News
Updated as of Mar 12 04:06 PM

The local currency is still within the P52 to P55 target, said Diokno, who as budget secretary said a weak peso would not necessarily bad for the economy. Read more »

How seniors can grow their savings after retirement

EastWest Bank
Updated as of Mar 15 12:43 PM

Seniors have the luxury of pursuing their dreams upon retirement, but they still need money such as their savings to sustain them through their leisure years. Read more »

Peso strengthens as inflation cools, current account stabilizes: analyst

ABS-CBN News
Posted at Mar 06 11:33 AM

Cooling inflation and a stabilizing current account position is aiding the peso's recovery against the dollar, with the local currency expected to end the year at the P52 level, an analyst said Wednesday. Read more »

LOOK: BSP educates public on defaced, mutilated banknotes, coins

ABS-CBN News
Updated as of Feb 20 07:04 PM

Under Presidential Decree No. 247, people may face a fine of up to P20,000 and imprisonment of up to 5 years for the willful defacement, mutilation, tearing, burning or destruction of banknotes and coins. Read more »

'Pause in interest rate hikes, stronger peso to boost local real estate industry'

ABS-CBN News
Posted at Feb 18 11:55 PM

The pause in interest rate hikes and the steady appreciation of the peso are seen to boost the local real estate industry. Read more »

Failon Ngayon: Special Program for the Employment of the Students

ABS-CBN News
Posted at Feb 10 12:22 AM

Bukod sa summer at bakasyon isa sa maaaring abangan ng mga estudyante ay ang mga summer job na kanilang pwedeng aplayan habang bakasyon. Read more »

BSP seen to ease policy if 2019 growth disappoints: Standard Chartered

ABS-CBN News
Updated as of Jan 30 10:50 AM

The Bangko Sentral ng Pilipinas will need to cut interest rates if economic growth in the first half slows to 6 to 6.2 percent, an economist said Wednesday.  Read more »

Standard Chartered sees weak year for PH peso in 2019

ABS-CBN News
Posted at Jan 29 11:28 PM

British lender Standard Chartered sees a dull year for the Philippine peso this 2019. Read more »

PH peso rises to 8-month high

ABS-CBN News
Posted at Jan 11 12:14 AM

Jonas Ravelas, Chief Market Strategist at BDO Unibank, shares his thoughts on the peso's continued strength. Read more »

Peso could slide back to P53 vs $1 in first half: Mizuho Bank

ABS-CBN News
Posted at Jan 08 10:26 AM

The peso's trajectory will depend on the Federal Reserve's moves, the outcome of US-China talks and world oil prices. Read more »

PSE board member sees 'better' 2019 for stocks

Michelle Ong, ABS-CBN News
Updated as of Jan 02 01:37 PM

The Philippine Stock Exchange Index was up 0.39 percent to 7,494.78 at noon on the first trading day of the year. The benchmark could reach the 8,400 level by year-end if corporate earnings grow at an average 8 to 10 percent, said PSE board member and fund manager Wilson Sy. Read more »

Trade deficit widens in September as exports decline

ABS-CBN News
Posted at Nov 07 05:01 PM

The country's trade deficit widened in September as exports declined while imports surged, the Philippine Statistics Authority (PSA) said on Wednesday. Read more »

Dissecting Data: Can holiday remittances boost the peso?

ABS-CBN News
Updated as of Feb 02 02:02 PM

Can holiday remittances lift the peso, which has languished at its lowest levels in 12 years against the dollar? Read more »

PH, China sign deal to set up peso-renminbi exchange

ABS-CBN News
Posted at Oct 31 12:11 AM

Finance chief Carlos Dominguez III is also advocating for a peso-yen trading exchange.  Read more »

DOF eyes catastrophe bonds, peso debt offers to offshore investors

ABS-CBN News
Posted at Oct 14 12:39 PM

The Department of Finance (DOF) said on Sunday it is looking at sponsoring catastrophe bonds or cat bonds to finance recovery efforts when natural disasters trike. Read more »

Weak peso not necessarily good for exporters: Euro business group

ABS-CBN News
Posted at Oct 10 05:05 PM

Many exporters need to import raw materials, so this cancels out whatever benefit they may get from the weak peso making their goods cheaper on the world market.  Read more »

The ANC Brief: October 1, 2018

ABS-CBN News
Posted at Oct 01 05:16 AM

In a speech before the UN General Assembly, Foreign Affairs Sec. Alan Peter Cayetano defended the Duterte administration’s war on drugs.  Read more »

Peso closes at P54.31 to $1, hovers near 13-year low

ABS-CBN News
Posted at Sep 25 06:48 PM

The Philippine peso closed at P54.31 to the dollar on Tuesday, its lowest in nearly 13 years amid talks of another interest rate hike by the Bangko Sentral ng Pilipinas (BSP). Read more »