29 Philippine firms make it to Time’s best companies in Asia-Pacific
Some of the country’s largest conglomerates, banks, and other institutions made it to Time Magazine’s list of the 500 Best Companies in the Asia-Pacific region for showing…
Meg J. Adonis
Weaker Philippine peso curbs investor sentiment
Philstocks Financial Inc. research analyst Claire Alviar explained that this was still due to the Philippine peso hitting the 58-per-dollar mark on May 20 for the first time in…
Inflation casts shadow over hunt for cheap Philippine shares
The upcoming inflation data is expected to largely influence the local stock market as anxiety continues to grip traders despite easing Middle East tensions and some listed…
Philippine debt woes push stocks farther down
This marked the third consecutive session of declines as traders considered the government’s outstanding debt that rose by 2.63 per cent in February to a record-high of P15.18…
Inflation jitters weigh down Philippines’ shares
The central bank has said that March inflation may settle between the range of 3.4 percent to 4.2 percent, which means the readout will be most likely higher than February’s 3.4…
Oil companies implement hefty price rollbacks
According to the Philippine Department of Energy Oil Industry Management Bureau, “falling demand” in the United States, as well as weak exports from China triggered the price…