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By The Financial District
Oct 17, 20231 min read
$2.7 Billion In Foreign Loans Approved
The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas, has given its approval for a total of US$2.70 billion...
By The Financial District
Oct 17, 20232 min read
August Remittances Reach $3.10 Billion
Personal remittances from Overseas Filipinos (OFs) increased by 2.8 percent, reaching US$3.10 billion in August 2023, up from US$3.02-B...
By The Financial District
Oct 17, 20232 min read
Oil Prices For ASEAN May Decline
Higher oil prices may be mitigated in the member countries of the Association of Southeast Asian Nations (ASEAN), including the Philippines.
By The Financial District
Oct 16, 20232 min read
PSE Index Posts Hefty Loss
The Philippine Stock Exchange (PSE) index posted a significant loss today, driven by projected economic downturn concerns and the expected..
By The Financial District
Oct 16, 20231 min read
Analysts Anticipate Limited Impact Of Rate Hikes On Inflation
Analysts suggest that further rate hikes by the Bangko Sentral ng Pilipinas (BSP) may have a limited impact on inflation and could...
By The Financial District
Oct 16, 20231 min read
PCCI Warns Businesses: Prepare For High Oil Prices
The Philippine Chamber of Commerce and Industry (PCCI) has issued a warning to businesses regarding the potential for rising fuel prices...
By The Financial District
Oct 16, 20231 min read
Gap Between U.S. Income Taxes Owed And Paid Set To Keep Growing
The amount of tax money owed but not paid to the IRS is projected to continue increasing, as indicated by estimates released by the...
By The Financial District
Oct 16, 20231 min read
US Tech Workers Make 46% More Than Canadian Peers, Study Finds
A new study reveals that US tech workers are paid 46% more on average than their Canadian counterparts.
By The Financial District
Oct 16, 20231 min read
Oil And Gas Prices On The Rise Again As Supply Risks Multiply
Global energy prices are ending the week the way they began – surging higher due to a combination of supply risks that have put investors...
By The Financial District
Oct 15, 20232 min read
Halal-Related Investments In The Philippines Expected To Reach ₱230 Billion
The Philippines' National Halal Strategy is projected to attract investments worth up to P230 billion, create 120,000 jobs within five...
By The Financial District
Oct 13, 20232 min read
PSE Index Sustains Slight Rise
The Philippine Stock Exchange (PSE) index once again saw a slight increase, reaching 6,266.34 points, up by 3.28 points or 0.05 percent.
By The Financial District
Oct 12, 20232 min read
PSE Index Gains Slightly
The Philippine Stock Exchange (PSE) index slightly rose today by 9.10 points to 6,263.06 points, up by 0.15 percent due to the increase in..
By The Financial District
Oct 12, 20232 min read
DICT Closes Digital Divide In 438 GIDA Sites Across Six Provinces
The Department of Information and Communications Technology (DICT) has successfully bridged the digital divide in 438 geographically...
By The Financial District
Oct 12, 20232 min read
Bangko Sentral Eyes Rate Hike
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has hinted at a modest interest rate increase by the Monetary Board, a...
By The Financial District
Oct 11, 20231 min read
Asian Shares Rise After Wall Street Gains
Shares in Asia advanced on Wednesday, following Wall Street's gains after a reduction in pressure from the bond market.
By The Financial District
Oct 11, 20232 min read
Japan Expected To Continue Supporting Philippine Transport Projects
The Department of Transportation (DOTr) is confident that Japan will maintain its support for various transportation projects in the...
By The Financial District
Oct 11, 20232 min read
PSE Index Sputters
The Philippine Stock Exchange (PSE) index closed lower today at 6,253.96 points, down by 10.11 points or 0.16 percent following a flurry...
By The Financial District
Oct 11, 20232 min read
Australia's "Deal Team" To Attract Investments In The Philippines
The Australian government is poised to establish an Investment Deal Team in the Philippines to encourage Australian investments in the...
By The Financial District
Oct 11, 20231 min read
Fed Officials Say Spike In Bond Yields May Leave Rates Unchanged
Two Federal Reserve officials stated on Monday that the central bank might decide to keep interest rates unchanged at its next meeting.
By The Financial District
Oct 10, 20231 min read
Asian Shares Gain On Report U.S. Interest Rates Won't Rise
Asian shares have climbed after Wall Street advanced on potentially encouraging news about interest rates, which have been dragging...
By The Financial District
Oct 10, 20231 min read
Investors Find Europe’s Luxury Stocks Losing Luster
Europe's luxury brands may have dazzled at Paris Fashion Week, but investors are questioning their appetite for these shares amid a...
By The Financial District
Oct 10, 20231 min read
Nobel Economics Prize Awarded To Female Harvard Professor
The Nobel Prize in Economics Sciences was awarded on Monday to Harvard University professor Claudia Goldin for her research that has...
By The Financial District
Oct 10, 20232 min read
PSE Index Bucks Profit-Taking, Ends Day Up
The Philippine Stock Exchange (PSE) index surged early, and at market recess, it was pointing to a hefty gain, only to be met with a...
By The Financial District
Oct 10, 20231 min read
Bank of Israel Sells $30 Billion Of Forex To Stabilize Shekel
The Bank of Israel announced on Monday that it will sell up to $30 billion of foreign currency in the open market, marking the central...
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