Tag: Peso

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Peso falls to record low vs USD as Iran retaliates, oil soars

Banking & Insurance Context.ph Context.ph -
The Philippine peso tumbled to a fresh record low on Thursday, breaching the P60-per-dollar mark, as escalating geopolitical tensions in the Middle East and surging oil prices rattled markets and drove investors toward the safety of the US dollar.

Philippine stock to stall near resistance, peso to test lows

Markets Context.ph Context.ph -
Philippine financial markets could face choppy trading ahead as investors weigh technical resistance levels in equities against fresh pressure on the peso from global risks, including elevated oil prices.

Peso pauses, stocks steady on rate cut

Markets Context.ph Context.ph -
The peso’s recent rise is taking a short break, and analysts say that’s normal.

Profit-taking weighs down stocks; peso finish higher

Markets Context.ph Context.ph -
The Philippine Stock Exchange index (PSEi) slid 1.3 percent to 6,384.58, extending profit-taking for a second session after touching seven- to nine-month highs. Even so, the benchmark remains comfortably above the 6,000 mark, keeping the broader uptrend intact and suggesting the pullback is more consolidation than reversal.

Markets cool off as peso flexes quiet strength 

Markets Context.ph Context.ph -
Global markets are taking a step back—not because of panic, but caution. Investors are reducing risk as they navigate uncertainty around inflation, interest rates, and global tensions. 
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SEC sets 10-yeat term limit for broker-directors at PSE

Corporate 0
The Securities and Exchange Commission (SEC) has established a 10-year cumulative service limit for broker directors at the Philippine Stock Exchange and similar exchanges, aiming to boost governance, ensure fair representation, and match global regulatory standards.

PAL to resume Manila-Sapporo fligjts in November, expanding Japan network and trade links

Transport & Logistics 0
Philippine Airlines (PAL) has announced it will bring back seasonal nonstop flights between Manila and Sapporo starting November 23, 2026, for the winter 2026 travel season. The service will run three times weekly until March 26, 2027, marking a key expansion of the carrier’s operations and connectivity between the Philippines and Japan.

BPI consider Blue Bonds to fund water projects

Banking & Insurance 0
Bank of the Philippine Islands (BPI) is weighing the issuance of blue bonds as part of its growing focus on sustainable finance, signaling rising investor interest in water-related initiatives.

DAR turns over P200M bridges in Nueva Ecija, benefits over 3,500 residents

Agriculture 0
The Department of Agrarian Reform (DAR) has completed and handed over two bridge projects worth nearly P200 million in Guimba, Nueva Ecija, enabling safer travel and faster transport of farm goods for local communities.

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