Category: PHP

Philippine Peso News and Analysis from varies Financial media, we summarize all PHP news into a sitemap summary with link to related PHP News for the one who wanted to catch up Philippine Peso price change in timely manner.

Peso to remain strong – Diokno

Diokno assured foreign investors that the foreign exchange environment will continue to be stable and he sees no threats to the Philippine peso, making the country an attractive investment location still.. Diokno told Singapore-based…

The bigger world out there

Rienzie Biolena This is largely unsurprising given the hard lockdowns, virus infection rate, and lack of support to the local economy.. What was a brief ripple for some economies like Vietnam and Taiwan — still registering…

9 useful features your credit card should have

You’ve reached the point in your life when you’ve finally recognized the importance of having a credit card.. Fortunately, your credit card is guaranteed to have the Europay, Mastercard, and Visa (EMV) chip technology…

Fitch: Peso to remain weak

“We at Fitch Solutions forecast the Philippine peso to remain on a weak footing over the short term as volatility picks up but fundamentals prove supportive.. As such, we have revised our exchange rate forecast for 2021…

PH external debt up 17.8%

The government borrowed more foreign loans in 2020 to fund COVID-19 response, pushing the outstanding external debt to grow by 17.8 percent to $98.488 billion from $83.618 billion in 2019, based on Bangko Sentral ng Pilipinas…

BSP sees stability in position of peso

MANILA—The Philippine peso will be staying at its current levels, based on the projections of the Bangko Sentral ng Pilipinas.. While the BSP does not give out definite forecasts on the local currency, Francisco Dakila…

US Dollar Outlook: USD/SGD, USD/THB May Rise on Fed, USD/IDR Eyeing Bank of Indonesia

US Dollar, Singapore Dollar, Thai Baht, Indonesian Rupiah, Indian Rupee, ASEAN, Fundamental Analysis – Talking PointsUS Dollar rose vs. most ASEAN FX as Treasury rates climbedAll eyes on the Federal Reserve for their view on bond marketUSD/IDR eyeing Bank of Indonesia, more intervention ahead?The haven-linked US Dollar outperformed most of its…

ICTSI’s income rises to $101.8m despite COVID

Port operator International Container Terminal Services Inc. said Thursday net income rose last year despite the weak international trade amid the global pandemic. The company said net income reached $101.8 million in 2020, up 1 percent from $100.4 million it earned in 2019. “ICTSI has delivered a positive performance in very challenging circumstances…

Retail trade law amendments to take off steam from Cha-cha train–Drilon

Image credits: Public Relation and Information Bureau – Public Relation and Information Bureau, Senate of the PhilippinesThe immediate passage of the proposed amendments to the Retail Trade Liberalization Act will boost economic recovery and remove the justification for Charter change in the House of Representatives, which wants to relax economic…

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