Philippine peso
Philippine inflation could rise to 7%, only lagging Myanmar’s in ASEAN
Filipinos are increasingly forced to tighten their belts in the wake of a continued high inflation rate which reached 6.4 per cent in August...
Philippine president seeks advice as country faces mounting economic troubles
Philippine President Rodrigo Duterte, who previously had confessed his inadequacy on economic issues, is seeking help from people more fit in the subject. The...
Philippine peso region’s worst performing currency, more downside seen
The Philippine peso on August 14 sailed through the 51:1 barrier against the US dollar, a value not seen since August 2006, bringing about...
Philippine economic growth expected to slow down in 2017
Growth of gross domestic product (GDP) in the Philippines is seen to slow down this year, at least as per the forecast of UK...
Philippine anti-drug war takes toll on tourism, economy
The hardline approach of Philippine President Rodrigo Duterte towards drug dealers and consumers in his country that has resulted in more than 8,000 deaths...
Stocks, peso drop as foreign investors start worrying about Duterte’s course
Thousands of extrajudicial killings of alleged drug dealers and users, a "state of lawlessness" declaration and a spreading climate of fear is starting to...
Asia’s currencies get hammered after double yuan whammy
Asian currencies suffered big time after after China's surprise decision to devalue the yuan on August 11, and got a double whammy after Beijing...
Strong peso to hurt Philippine economy
The strengthening of the Philippine peso against the US dollar, in tandem with higher inflation, will be among the factors that could cause the...
Asia United Bank jumps 9.5% on debut
In the first initial public offering at the Philippines Stock Exchange after the country received investment grade status, Manila-based Asia United Bank Corp (AUB)...
Philippines wins investment grade rating
The Philippines on March 27 received, for the first time ever, an investment-grade credit rating from one of the world’s major ratings agencies.
Fitch Ratings...
Philippine GDP up 6.4% in second quarter
The Philippines may come close to expanding 6.4 per cent in the second quarter, said Socioeconomic Planning Secretary Arsenio Balisacan at a hearing for...
Philippine stock rally continuing
Global traders are finding cozy refuge in the Philippine stock market, which has continued to hit record highs in the first half of this...
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New “ultra low-cost” airline gets approval to operate in Malaysia
The Malaysian civil aviation commission has approved and licensed another new domestic airline startup despite the industry is still reeling from the impact of...
Stories of the week
Singapore orders shutdown of cryptocurrency ATMs
The Monetary Authority of Singapore (MAS), after it issued new guidelines for marketing and advertising of cryptocurrency services in the city state on January...