Peso may move sideways vs dollar before US jobs, PHL inflation reports
BW FILE PHOTOTHE PESO may move sideways against the dollar this week following stronger-than-expected US data and as the market awaits the release of key economic reports in the coming days.The local unit closed the shortened trading week at P58.20
Stocks may rise further before key economic data
BW FILE PHOTOPHILIPPINE STOCKS could extend their climb this week as trading volumes normalize and as the market awaits the release of key economic data.On Friday, the Philippine Stock Exchange index (PSEi) rose by 0.81% or 53.42 points to end
Exporters vying with biodiesel for dwindling coconut supply
PHILSTAR FILE PHOTOBy Adrian H. Halili, ReporterTHE biodiesel industry is competing for the limited supply of coconuts, crowding out exporters of products like coconut oil and coconut water, industry officials said.“The recent increase in the country’s biodiesel requirement may possibly
Green energy industry urges no delays in auction round
SMCGLOBALPOWER.COM.PHTHE Philippine Solar and Storage Energy Alliance (PSSEA) has urged the Department of Energy (DoE) to ensure that the fourth round of green energy auction (GEA-4) goes ahead with no delays this year to reassure investors.“The industry strongly urges the
Rice traders capturing tariff cut savings
PHILIPPINE STAR/KRIZ JOHN ROSALESBy Adrian H. Halili, ReporterAS DROUGHT and typhoons continue to disrupt rice production, the need to lower the price paid by the public for the staple grain remains pressing, with the government resorting to lowering the tariffs