GSIS set to start release of pensioners’ cash gifts
THE GOVERNMENT Service Insurance System (GSIS) will start releasing Christmas cash gifts next week, Dec. 15, to active old-age and disability pensioners.
Peso may depreciate against dollar on continued US-China tensions
THE PESO is likely to weaken this week as markets monitor ongoing tensions between the US and China as well as local developments including inflation and the virus spread.
Peso to rise on US leadership change
THE PESO is seen climbing further against the greenback this week, with the market likely to be bullish amid the leadership change in the United States.
Peso plunges on Trump remarks
THE PESO plunged against the dollar on Tuesday as market players shied from riskier currencies after US President Donald J. Trump threatened to impose tariffs against Chinese goods anew.
Filipino billionaire Lucio Tan’s bank plans $1 billion prime asset sale
Philippine National Bank (PNB) is seeking to dispose of three prime properties that it values at about $1 billion as early as this year,...
Peso weakens vs dollar
THE PESO succumbed to the dollar on Tuesday amid the lack of clarity on a final trade deal between the world’s top two economies.
Peso falls against dollar
THE PESO plunged against the dollar on Thursday from its eight-month highs, as investors cut their short dollar positions amid geopolitical developments in the United Kingdom and the United States.
Peso weakens further
THE PESO weakened further against the dollar on Wednesday as market participants await economic data to be released later this week.
Peso to weaken vs dollar
THE PESO is seen to slide against the dollar this week due to upbeat US economic data as well as the expected interest rate...
Peso drops to P51:$1 level on coronavirus
THE PESO succumbed to the P51 level against the greenback on Wednesday as investors continue to prefer safe-haven assets amid fears of a continued rise in cases of the coronavirus disease 2019 (COVID-19) outside China and a sell-off in the local stock market.
Peso slips against dollar
THE PESO slipped against the dollar yesterday as the Philippines posted its biggest monthly trade deficit on record.
The local unit closed at P50.51 against...
SSS to accept applications for employers’ penalty condonation soon
THE SOCIAL SECURITY System (SSS) will start accepting applications for condonation of penalties within six months after the measure seeking to amend its charter was enacted.