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By The Financial District
Oct 7, 20231 min read
Marcos Urged To Extend Lower Tariff Rate On Rice
The Inter-agency Committee on Inflation and Market Outlook (IAC-IMO) has recommended extending the lowered tariff rate on rice until the...
By The Financial District
Oct 7, 20231 min read
Economists Question Reported Benefits Of Rice Price Cap
Economists are urging a thorough assessment of the actual effects of the price ceiling imposed on rice for nearly a month, as they observe..
By The Financial District
Oct 7, 20231 min read
PSE Eyeing Cross-Border Stock Trading Next Year
The Philippine Stock Exchange (PSE) is targeting the rollout of cross-border trading for both local securities and shares of foreign...
By The Financial District
Oct 7, 20231 min read
ADB Approves $300-M PH Loan To Boost Financial Inclusion
The Asian Development Bank (ADB) has approved a $ 300 million loan to fund the Philippine government’s initiatives aimed to boost...
By The Financial District
Oct 7, 20232 min read
BSP Resuming Tight Credit Policy
Monetary authorities are ready to resume policy tightening as they expect inflation to remain elevated in the coming months following the...
By The Financial District
Oct 6, 20232 min read
PSE Index Recovers
The Philippine Stock Exchange (PSE) index recovered today due to bargain hunting, pushing it to 6,259.95 points, up by 81.35 points or...
By The Financial District
Oct 6, 20231 min read
High Chicken Prices Impoverish Buyers, Enrich Tyson Foods
Chicken prices at US grocery stores have reached record highs and are expected to remain elevated as Tyson Foods and other companies...
By The Financial District
Oct 6, 20231 min read
High Yield On Treasuries Ignites Dollar Rally
Surging US real yields are fueling a rebound in the dollar, rewarding bullish investors while making bearish bets against the currency...
By The Financial District
Oct 6, 20232 min read
Government Vows Continued Support For Vulnerable Sectors Amidst Rising Commodity Prices
Malacañang has assured continued support for the most vulnerable sectors in the country while implementing measures to respond to rising...
By The Financial District
Oct 6, 20231 min read
Global Shares Up As Wall Street Rebounds
Global shares advanced on Thursday, October 5, 2023, following a drop in oil prices that contributed to a recovery on Wall Street.
By The Financial District
Oct 6, 20232 min read
PSE Index Plummets On Inflation Worries
The Philippine Stock Exchange (PSE) index experienced a significant decline Thursday, plummeting to 6,178.60 points, representing a...
By The Financial District
Oct 6, 20231 min read
Saudi Arabia Maintains Oil Production Cuts
Saudi Arabia has confirmed that it will maintain a production cut of 1 million barrels of oil per day through the end of the...
By The Financial District
Oct 5, 20231 min read
Top Hungarian Business Leader Calls For Euro Adoption
The head of one of Hungary's biggest manufacturers called for euro adoption after policies under Prime Minister Viktor Orban produced one...
By The Financial District
Oct 5, 20231 min read
Germany Hails China's Support For G20 Debt Restructuring Plan
Germany has welcomed a show of support from China for the G20 debt restructuring framework for poorer countries in a joint statement after..
By The Financial District
Oct 5, 20231 min read
Asian Shares Skid As Wall Street Falters
Asian markets were sharply lower on Wednesday after Wall Street tumbled as it focused on the downside of a surprisingly strong job market...
By The Financial District
Oct 5, 20232 min read
PBBM Lifts Rice Price Cap
President Ferdinand R. Marcos, Jr. has announced the lifting of price caps on rice, both for regular milled rice and well-milled rice.
By The Financial District
Oct 4, 20232 min read
PSE Index Sinks Below Milestone Level
The Philippine Stock Exchange (PSE) index dropped below its milestone level today, with only the property sub-index posting gains in...
By The Financial District
Oct 4, 20232 min read
Japan Okays $1.3-B Subsidies For Micron Chip Plant
Japan has approved up to ¥192 billion ($1.3 billion) in subsidies for Micron Technology Inc.'s Hiroshima factory, as part of Tokyo's...
By The Financial District
Oct 4, 20231 min read
Absence Of Lithography Systems Dooms China's Chip Industry
Hopes are high in China that the latest smartphone from Huawei Technologies signals progress in the country's chip production, but experts..
By The Financial District
Oct 4, 20231 min read
National Government Debt Hits Record ₱14.35 Trillion As Of End-August
The outstanding debt of the national government (NG) reached a record P14.35 trillion as of the end of August, primarily due to the peso's..
By The Financial District
Oct 4, 20231 min read
Short-Selling Transactions To Take Effect Immediately
The Philippine Stock Exchange, Inc. (PSE) has announced that the guidelines for short-selling transactions will take effect immediately...
By The Financial District
Oct 4, 20231 min read
PH Expects "Stable" Rice Supply in Q4
The country is expected to have a stable supply of rice in the last quarter of the year, according to an agriculture official.
By The Financial District
Oct 4, 20232 min read
5-Year Action Plan For Senior Citizens Unveiled
As the country observes Elderly Filipino Week from October 1 to 7, the National Commission of Senior Citizens (NCSC) has launched the...
By The Financial District
Oct 4, 20231 min read
Jeepney Fare Up
The Land Transportation Franchising and Regulatory Board (LTFRB) has approved a provisional jeepney fare increase nationwide.
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