Saturday, January 10, 2026
Today's Print

Tag: Michael Ricafort

PSE closes flat as holiday mode thins trading

Share prices closed flat Tuesday as most investors remained in holiday mode. The 30-company Philippine Stock Exchange index inched up 0.65 points, or 0.01 percent,...

PSE edges up, peso at 59.22on rate cut expectations

Local stocks edged higher Tuesday ahead of a widely expected quarter-point interest rate cut by the Bangko Sentral ng Pilipinas (BSP). The bellwether Philippine Stock...

PH banks bad loan ratio rises to 3.33%

Philippine banks saw a slight uptick in bad loans in October 2025, as lending growth slipped to a 16-month low on cautious consumer activity. Data...

PH foreign reserves surpassed $111b on gold holdings surge

The Philippines’ gross international reserves (GIR) reached $111.08 billion in November 2025, on the back of significant increase in the value of its gold...

Economists see BSP cutting interest rate this week

Economists expect the Bangko Sentral ng Pilipinas (BSP) to cut its key policy rate by 25 basis points (bps) at the upcoming Monetary Board...

PH stocks slip below 6,000 on profit-taking, peso depreciates

The local stock market succumbed to profit-taking on Tuesday, closing below the 6,000 level as investors capitalized on the market’s recent run-up. The main-share Philippine...

PH bank assets climb 7.5% to P28.76t

The total assets of the Philippine banking system grew 7.55 percent year-on-year to P28.76 trillion as of end-September 2025, according to data from the...

PH stocks hit five-year low amid FDI drop, typhoon impact worries

Philippine shares opened the week in the red as investor confidence continued to weaken amid a drop in foreign direct investments (FDI) and concerns...

Philippine banks’ bad loans eased in September

MANILA—Better weather conditions in September helped ease the non-performing loan (NPL) ratio of Philippine banks, an economist noted, following disruptions from storms in the...

Philippine foreign reserves rose to $109.71 billion in October

The Philippines' gross international reserves (GIR) increased to $109.71 billion as of end-October 2025 from $109.06 billion recorded in September, the Bangko Sentral ng...

T-bill auction oversubscribed as yields decline amid rate cut hopes

The government sold P25 billion worth of Treasury bills (T-bills) on Monday amid high demand, with total bids reaching P85.37 billion, the Bureau of...

Treasury raises P22 billion in oversubscribed T-bill auction

The Bureau of the Treasury (BTr) said Monday it raised P22 billion from the sale of Treasury bills (T-bills), with total bids more than...

PH financial resources rise to P34.59t

The total resources of the Philippine financial system grew 6.42 percent year-on-year to P34.59 trillion in July 2025, preliminary data from the central bank...

PH stocks drop on profit-taking; peso rebounds to 57.06 a dollar

The Philippine Stock Exchange index closed at 6,214.82 on Monday, losing 49.66 points, or 0.79 percent, as investors engaged in profit-taking following last week’s...
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