Inflation fell to 2.5% in March: PSA
April 7, 2020
Headline inflation in the Philippines decelerated further to 2.5 percent in March, from 2.6 percent in the previous month. Inflation in March a year ago was higher at 3.3 percent The slowdown in inflation in March 2020 was primarily due
PSE index ends more than four percent higher
April 6, 2020
The Philippine Stock Exchange ( PSE) index closed more than four percent higher on Monday. The peso settled at P50.72 against the US dollar, unchanged from Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines
Task force to shippers, consignees: Now is right time to get cargoes in ports
April 5, 2020
The Joint Task Force Corona Virus Shield (JTF CV Shield) on Sunday urged shippers and consignees to take advantage of the traffic jam-free situation in all the major thoroughfares across the country by retrieving their container vans in order to
PSE index ends flat
April 3, 2020
The Philippine Stock Exchange (PSE) Index ended flat but the broader market was higher on Friday. The peso finished at P50.72 against the US dollar from P50.85 on Thursday. Volume at the foreign exchange portal of the Bankers Association of
GDP growth to slide in 2020 due to COVID-19, strong rebound seen in 2021: ADB
April 3, 2020
Philippine economic growth will slow significantly this year before a strong rebound in 2021, with expansionary fiscal and monetary policies partly offsetting slower domestic demand and disruptions in tourism, trade, and manufacturing, according to a new Asian Development Bank (ADB)
DTI chief supports “gradual” lifting of enhanced community quarantine in Luzon
April 1, 2020
Trade Secretary Ramon Lopez expressed support on Wednesday for the “gradual,” “phased,” or “modified” lifting of the enhanced community quarantine in Luzon where essential businesses, including supply chain, would be allowed to operate. In the televised “Laging Handa” press briefing,
PSE index gains, peso lower vs US dollar
April 1, 2020
The main Philippine stock index gained for the second day on Wednesday, the first trading day of April. But the peso declined by 20 centavos against the US dollar to end at P50.88. Volume at the foreign exchange portal of
PSE index down for second session
March 30, 2020
The main Philippine share index ended lower for the second straight on Monday. The peso ended at P50.96 against the US dollar from P51 on Friday on thin volume.Turnover at the foreign exchange portal of the Bankers Association of the
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