Tag: Peso

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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. 

Grounded gains, gathering upside momentum

Economy Context.ph Context.ph -
Philippine equities continue to show underlying strength despite the PSEi’s recent mild pullback, which analysts view as a natural bout of profit-taking after a sharp advance.
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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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