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MANILA, Philippines — Local shares declined while the peso weakened Wednesday, ahead of the Federal Open Market Committee (FOMC) and the Bangko Sentral ng Pilipinas (BSP) Monetary Board meetings. The Philippine Stock Exchange index (PSEi) fell by…
The Philippine peso on Thursday, Nov. 21, plummeted to a record-low of 59 to a dollar, a level not seen in over two years, as the strong dollar, bolstered by the US presidential elections, continued to impact…
File photo The Philippine peso bounced back to the 55-level against the weaker US dollar on Friday, marking its strongest close in nearly six months. This comes as new data supported the early easing by the Bangko…
The Philippine peso is expected to strengthen to 57 per US dollar in the third quarter as the US economy shows signs of slowing down. According to a quarterly forecast by London-based Capital Economics, the peso may…
MANILA — The Philippine peso touched the 58-per-dollar level for the first time in almost two years during the morning trade on Tuesday. As of 9:47 a.m., the local currency’s weakest showing stood at 58 against the…
CEBU CITY, Philippines — As the inflation rate in Cebu continues to soar, Cebuanos also continue to struggle with the increasing prices of goods and commodities. During the data dissemination for inflation on Wednesday, April 17, a…
LAPU-LAPU CITY, Cebu – The Lapu-Lapu City Government through its Public Employment Service Office (PESO) has extended help to at least 13 garment factory workers who were recently displaced from their work. According to Kim Francisco, PESO…
LAPU-LAPU CITY, Cebu – Around 50 applicants were hired on the spot (HOTs) during the Lapu-Lapu City Fiesta Job Fair held at The Outlet in Barangay Basak, Lapu-Lapu City on November 8, 2023. The activity was led…
CEBU CITY, Philippines – The retrenchment of workers at the Mactan Export Processing Zone (MEPZ) will be tackled by a Lapu-Lapu City councilor with concerned agencies. Councilor Annabeth Cuizon said she is planning to meet with the…
LAPU-LAPU CITY, Philippines — The upcoming PESO Congress in Central Visayas seeks to improve skills of hundreds of Public Service Employment Service (PESO) managers in the region. Kim Francisco, head of PESO Lapu-Lapu City, said that the…
LAPU-LAPU CITY, Philippines — The Lapu-Lapu City Government, through its Public Employment Service Office (PESO), is urging jobseekers to participate in the job fair on June 23 at LG Garden Walk Mactan. Kim Francisco, the head of…
MANILA -The Philippine peso has yet again breached the 56:$1 threshold, losing 28 centavos to close at 56:07:$1 on May 15 ahead of a Monetary Board policy meeting on May 18 that many analysts believe would show…
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