Peso may stay above P60 on prolonged Iran conflict
THE PESO could hold above the P60 line versus the US dollar this week on continued preference for the safe-haven currency due to the...
Shares may move sideways before inflation report
PHILIPPINE SHARES may move sideways as trading resumes after a two-week break as investors weigh geopolitical risks and domestic March inflation data that could...
Maharlika’s top exec says investment plans on track
MAHARLIKA INVESTMENT Corp. (MIC) said capital deployment will remain on track and focused on its core pillars even as global uncertainty remains high amid the ongoing war involving the US, Israel, and Iran.
Middle East war darkens outlook for Philippine economy — BMI
THE PHILIPPINE ECONOMY is likely to expand by 4.7% this year, amid sluggish government spending and oil supply disruptions arising from the ongoing war...
Poll: Inflation likely hit 20-month high in March
SHARP OIL PRICE increases driven by supply disruptions from the Middle East war, along with pricier rice, may have pushed Philippine inflation to its fastest pace in nearly two years, analysts said.
BoI-approved investment pledges up 27% in Feb.
THE BOARD of Investments (BoI) approved P36.5 billion worth of investment pledges in February, mainly driven by investment commitments in the renewable energy (RE) sector.
Philippines still likely to be ASEAN’s second-fastest growing economy despite oil shocks
By Katherine K. Chan, Reporter
The Middle East conflict threatens the Philippines’ growth prospects but a rebound in private spending and robust exports could still...
Peso rises on ceasefire optimism
THE PESO climbed to a near two-week high against the dollar on Monday following a two-day trading break as players remain hopeful of a...
PSE index declines as markets eye US-Iran talks
PHILIPPINE STOCKS closed in the red again on Monday amid uncertainty over the conflict in the Middle East amid mixed signals from officials about...
Pump prices continue to rise; diesel may top P170 per liter
PUMP PRICES are expected to continue to go up this week, with diesel likely to go above P170 per liter as the Iran war enters its second month.
BSP may hike if inflation breaches 4%, says AMRO
THE Bangko Sentral ng Pilipinas’ (BSP) easing cycle has likely ended, with rate hikes now on the table as energy shocks amid the Middle East war could stoke inflation this year, the ASEAN+3 Macroeconomic Research Office (AMRO) said.
Middle East war threatens Philippine growth outlook
THE MIDDLE EAST conflict threatens the Philippines’ growth prospects but a rebound in private spending and robust exports could still position the country as the second fastest-growing economy in the region, the ASEAN+3 Macroeconomic Research Office (AMRO) said.