PSEi could end as high as 7,800 amid global uncertainties
THE Philippine Stock Exchange index (PSEi) could still settle as high as the 7,800 level by yearend, although global economic uncertainties may affect this outlook, analysts said.
PHL pitches S. Korea for electronics, EV locators
THE GOVERNMENT said it will welcome South Korean companies engaged in electronics manufacturing services and semiconductor manufacturing services, electric vehicles (EV), high-tech agriculture, and...
Batangas gas-fired power plant delays flagged
THE Department of Energy (DoE) has raised concerns over the delays in bringing Manila Electric Co.’s (Meralco) 1,200-megawatt (MW) Batangas gas-fired power plant to...
ERC approves 19 NGCP power reserve deals
THE Energy Regulatory Commission (ERC) said it approved 19 ancillary service procurement agreements (ASPAs) entered into by the National Grid Corp. of the Philippines...
Trump tariffs seen pushing BSP to ease
THE Bangko Sentral ng Pilipinas (BSP) could cut rates further this year if the Trump administration goes ahead with the 17% tariff initially announced...
Peso weakens on lingering tariff jitters
THE PESO weakened against the dollar on Monday amid continued market jitters over the escalating global trade war and the possibility of a recession.
The...
Stocks end higher on latest tariff developments
PHILIPPINE STOCKS went up on Monday as US President Donald J. Trump exempted some technology products from import tariffs.
The Philippine Stock Exchange index (PSEi)...
More rate cuts expected in 2nd half
THE Bangko Sentral ng Pilipinas (BSP) is back on its easing track, analysts said, with rate cuts seen in the second half of the...
PHL may grow below 6% amid flip-flopping US tariff policy
ANALYSTS have lowered their gross domestic product (GDP) growth forecast for the Philippines this year, amid the US government’s flip-flopping trade policies.
In a recent...
Debt service declines in February
THE NATIONAL GOVERNMENT’S (NG) debt service slumped year on year in February as amortization payments declined, the Bureau of the Treasury (BTr) said.
Latest data...
Peso may be range-bound on escalating US-China trade war
THE PESO may move sideways against the dollar this week as markets continue to monitor the growing trade war between the United States and...
PHL shares may rise further on bargain hunting
PHILIPPINE STOCKS may extend their climb in the coming days on bargain hunting, with investors likely to stay on the sidelines amid a shortened...