Tag: Peso

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Peso stalls, stocks drift amid global uncertainty

Economy Context.ph Context.ph -
The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.

Volatility to persist as PSEi tests support

Markets Context.ph Context.ph -
Philippine financial markets are expected to remain fragile this week, with investors bracing for continued volatility as risk aversion dominates sentiment and the benchmark index struggles to regain footing above key levels.

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.
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DOT, HSMA offer hotel discounts of up to 70% for holidays

Travel & Tourism 0
A hotel getaway may be easier on the holiday budget this year, with the Department of Tourism (DOT) and the Hotel Sales and Marketing Association (HSMA) Philippines offering accommodation discounts of up to 70 percent across 68 hotels and resorts nationwide.

InLife earns sixth 4-Golden Arrow governance award

Corporate Bulletins 0
Insular Life Assurance Co. Ltd. (InLife) has won its sixth 4-Golden Arrow Award, the highest recognition given by the Institute of Corporate Directors (ICD) for corporate governance performance, extending its record of recognition under the ASEAN Corporate Governance Scorecard.

PSBank secures top PhilRatings credit rating

Banking & Insurance 0
Philippine Savings Bank (PSBank) has received the highest issuer credit rating from Philippine Rating Services Corp. (PhilRatings), reflecting its strong capitalization, sound asset quality, leading position in the thrift banking sector and backing from the Metrobank Group.

PEZA ecozone proclamations to miss 2026 goal despite record investments 

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) expects to miss its 2026 target for new economic zone proclamations, even as investment approvals surge past its annual goal and threaten to eclipse the agency’s 2012 record.

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