Money
Peso nears 55 to a dollar amid hawkish Fed signals
The peso on Friday hit another 16-year low and nearly broke the 55-per-dollar barrier on hawkish signals from the US...
Monetary Board increases interest rate again to 2.5%
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, on Thursday raised for the second time this...
Peso falls further to 54.70:$1 on gradual BSP adjustment
The peso neared the 55-per-dollar mark Thursday, the lowest in over 16 years, as the 25-basis-point adjustment in the Bangko...
Peso slumped to a 16-year low of 54.47 a dollar
The peso fell to its weakest level in more than sixteen-and-a-half years against the US dollar Wednesday, amid the possibility...
Peso tumbles to 44-month low of 54.26 a dollar on Fed rate hike
The peso tumbled Tuesday to a new 44-month low of 54.265 against the US dollar in line with regional currencies’...
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BDO strengthens digital platforms
BDO Unibank Inc., the country’s largest lender led by the Sy Group, further strengthened its digital banking platforms in line...
DOF denies double taxation on power sector
Finance Secretary Carlos Dominguez III denied Thursday that the power sector suffers from double taxation with the imposition of value-added...
Migrants sent $605b home in 2021, more by mobiles—UN
ROME, Italy—Migrant workers sent home an estimated $605 billion to low- and middle-income countries last year, a UN study said...
Remittances grew 3.9% to $2.39b in April — BSP
Remittances climbed 3.9 percent in April from a year ago, the fastest expansion in five months, on the sustained deployment...
Diokno says major PH banks remain strong
Major Philippine banks remain strong and continue to support the country’s financing requirements despite the lingering COVID-19 pandemic, Bangko Sentral...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.