PESO HITS NEW RECORD LOW VS US DOLLAR
The Philippine peso slipped to a new record low of ₱59.46 against the US dollar on Thursday, after closing at…
Category: Economy
PESO HITS RECORD LOW VS DOLLAR
The peso sank to a record low of ₱59.355 against the US dollar on Wednesday, marking its weakest level in…
PH ECONOMIC GROWTH TARGET CUT TO 5-6%
Philippine economic managers have reduced the country’s growth target to 5% to 6% for 2026, down from the earlier projection…
BSP RATE CUT NOT ASSURED AS ECONOMY SLOWS
A rate cut is “not assured” when the Bangko Sentral ng Pilipinas (BSP) Monetary Board meets next week, despite a…
THE MISSING SPARK IN THE PHILIPPINE MARKET
After a decade of weak performance and a 20% market decline, the Philippine Stock Exchange remains stuck in one of…
PH RETAINS “BBB+” RATING WITH POSITIVE OUTLOOK — RECTO HAILS GLOBAL CONFIDENCE
Executive Secretary Ralph Recto welcomed S&P Global Ratings’ reaffirmation of the Philippines’ “BBB+” high investment-grade credit rating with a Positive…