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  • 15:08
    Mar, 29
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Currency News

Chinese appetite for Manila condos grows with warmer ties, weaker peso

29 Mar 2018 07:45Nikkei Asian Review
meter unit near Manila Bay, for 6 million pesos ($115,000). Recently, she decided to make some more serious real estate investments. more

How long can the Bangko Sentral defer a rate hike?

27 Mar 2018 20:34Philippine Star
Headline inflation, as calculated on 2012 base-year, accelerated to a three-year high last February while the Philippine peso, which has been the worst performing currency in Asia so far, continues to slump against the dollar. Meanwhile, some analysts ... more

Duterte's Ace in the Hole for Asia's Worst Market

27 Mar 2018 18:00Bloomberg
To make matters worse, money transfers may slow further. Last month, the Duterte government said it may expand to other Gulf nations a ban on Filipino maids working in Kuwait, where a domestic helper's body was found in a freezer. more

LOOK: Newly designed Philippine coins

26 Mar 2018 04:56Rappler
The Bangko Sentral ng Pilipinas (BSP) released the complete New Generation Currency (NGC) Coin Series on Monday, March 26. It features new designs for the 10-peso, 5-peso, 1-peso, 25-centavo, 5-centavo, and 1-centavo coins. The new coins will coexist ... more

Stocks, peso weaken to new lows

23 Mar 2018 10:45Philippine Star
MANILA, Philippines - Stocks stumbled back into negative territory and the local currency hit its weakest level in more than 11 years a day after the Bangko Sentral ng Pilipinas (BSP) left interest rates unchanged as investors' attention shifted to a ... more

Philippine 2017 current account deficit widens to US$2.52 bil

16 Mar 2018 00:48The Edge Markets MY
MANILA (March 16): The Philippines had a current account deficit of US$2.52 billion in 2017 as a wider trade gap countered growth in remittances and earnings from the business process outsourcing sector, a central bank official said on Friday. more

Philippine Senate Bill Would Increase Penalty For Crimes Involving Cryptocurrency

14 Mar 2018 17:30ETHNews
The proposed law would also adjust penalties according to the value of the cryptocurrency involved in a transgression, which would be determined based on a token's exchange rate with the Philippine peso at the time that the criminal act took place ... more

Peso softens on foreign selling in PHL shares

14 Mar 2018 05:20GMA News
The Philippine peso depreciated slightly against the dollar on Wednesday as foreign selling in the stock market pressured the local unit. more
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