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PHILIPPINE PESO
Global Market: Asian currencies slide as hot US inflation fuels Fed rate hike bets; won hits two-week lowEmerging Asian currencies weakened as hotter-than-expected US inflation revived Federal Reserve rate hike concerns, boosting the dollar and...- This couple left city life and spent $85,000 on an off-grid home in the Philippines. Now they grow their own foodMatthew Straight and April Pasilang moved from Cebu City to Bohol. They invested eighty-five thousand dollars in an off-grid property. Thei...
- Global Market: Emerging Asian currencies fall as Fed hike bets rise, oil prices surgeMost emerging Asian currencies and equities fell on Monday as hawkish comments from US Fed Chair Kevin Warsh boosted bets on a possible Sep...
- Rupee ends marginally lower as central bank shields from oil, yield strainThe Indian rupee experienced a minor decline on Tuesday, with speculation that the Reserve Bank of India intervened to bolster its position...
- Global Market: Emerging Asian currencies rise as softer dollar, rate-hike bets support sentimentAsian currencies strengthened modestly as a weaker US dollar and fading expectations of a September Federal Reserve rate hike supported eme...
- RBI sold about $7 billion to defend rupee on FridayIndia's central bank sold approximately $7 billion to defend the rupee. The Reserve Bank of India intervened across markets as the currency...
- Add bullish wagers on Indian rupee versus Asia FX: AnalystsWhile Goldman Sachs' pick is the long rupee/short Philippine peso positions and Societe Generale recommends long rupee/short Chinese yuan b...
- RBI sells USD 33.42 bn in Apr-Sep FY23 to curb rupee volatilityThe rupee depreciated 6.9 per cent in the same period, she said, adding, it has performed better than most Asian peer currencies, including...
- India, Philippines close to finalising BrahMos missile deal"India and Philippines are in an advanced stage of negotiations over the sale of BrahMos supersonic cruise missile. Export order likely to ...
- Short positions on most Asian currencies drop; dollar momentum seen waning: PollBearish bets on the Singapore dollar, Taiwan dollar and the Philippine peso declined over the past two weeks.
- Why Philippine Central Bank is gung ho about a falling PesoThe former deputy governor held monetary policy settings steady in his first rate decision.
- Rupee weakens 7 paise to 67.34/$ tracking weak Asian cuesThe domestic currency had risen 5 paise to 67.27 against the greenback in the previous session amid hopes of pickup in foreign capital infl...
- GMR Infrastructure signs agreement for Philippines airport, pays $320 millionThe GMR-Megawide consortium had emerged as the highest bidder in the international bidding process held in December 2013 for the project.
- Strong Philippine peso to boost desi non-voice businessThe Philippine peso, which appreciated 6.5 pc in calendar year 2012, could make BPO business in the country at least 30 per cent more expen...
- Rising peso may bring good news for Indian BPOsBetween 2010 and 2012, the Philippine peso rose over 6%, while the Indian rupee depreciated 22%, making outsourcing services to Philippines...
- Philippine corporate profits fall: studySoaring inflation contributed to a 4.3-per cent fall in profits at listed Philippine firms over the three months to March, a stock exchange...
- Philippine shares close 0.9 pc lowerPhilippine shares closed 0.9 per cent lower on Thursday amid a lack of developments to perk up trading, dealers said.
- Manila transport groups to meet on oil pricesManila's public transport operators will meet Monday to consider industrial action after petrol and diesel prices were increased for the 15...
- Commercial pirates thrive in PhilippinesEvery day, vendors of pirated movie and music discs sell their goods under rows of trees along a street in downtown Manila, just a few metr...
- Manila's Pepsi bottler prices IPO at bottom of rangeThe bottler for Pepsi-Cola in the Philippines priced its IPO at 3.5 pesos a share, nearly half its initial indicative offer price.
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