Peso slips to fresh 11-year low of 51.77:$1

Inquirer.net 10/25/2017

THE peso on Wednesday slid to a fresh 11-year low of 51.77:$1 mainly on global market uncertainties over who United States President Donald Trump will appoint as head of the influential US Federal Reserve. Wednesday’s close was…

Young doctor sets up multimillion-peso skin + laser clinic

Cris Evert B. Lato-Ruffolo 10/02/2017

INTERNATIONALLY-trained physician Dr. Shahana Pearl Uy has embarked on a multimillion-peso aesthetic clinic as she expressed confidence on the growing prospects of the beauty business in Cebu. Uy, the person behind Pearl Medical Aesthetic + Laser Center,…

Peso back at 50:$1 level

Inquirer.net 09/07/2017

THE peso on Thursday returned to the 50:$1 level, closing at 50.93:$1 from 51.095:$1 last Wednesday. The last time that the peso closed at 50:$1 was on Aug. 10, at 50.795:$1. “The greenback was generally weaker today…

Exporters BPOs, OFWs to gain from weak peso

Victor Anthony V. Silva 08/15/2017

Exec expects export sales to increase in coming months While the further depreciation of the Philippine peso against the US dollar seems to paint a generally grim picture, a local business leader cited the “positive” side of…

Fresh 11-year-low for peso as it breaches P51:$1 level

Inquirer.net 08/14/2017

ANZ: PH peso to remain worst performing currency in region until year’s end The peso on Monday shed 10 centavos to finally breach the 51:$1 level and close at 51.08:$1. It was a fresh almost 11-year low…

Weaker peso raises gov’t debt to record high P6.417T at end-June 2017

Inquirer.net 07/26/2017

AS the peso slid to almost 11-year lows in June, the national government’s outstanding debt inched up to a record high P6.417 trillion at the end of the first six months of 2017. The latest Bureau of…

Marawi attacks pull down peso

Inquirer.net 05/24/2017

MANILA — The peso on Wednesday weakened against the US dollar and touched the 50:$1 level partly due to investor concerns following the declaration of martial law in Mindanao after terrorists attacked Marawi City. At the Philippine…

33 companies offering 2,600 jobs join Peso jobs fair at the Capitol

Intern 05/01/2017

  Jesiel Ann Lopez, 23, joined the Labor Day jobs fair organized by the Cebu Provincial Government on Monday. Before the day ended, Lopez was already assured of employment as a sales attendant of Rulls Cellphone and…

‘If it’s smooth, it’s fake’

Victor Anthony V. Silva 01/21/2017

The Bangko Sentral ng Pilipinas (BSP) has constantly reminded the public to be vigilant on the proliferation of counterfeit money. Lawyer Leonides Sumbi, BSP Cebu regional director, said the public should be very careful, especially in dealing…

PESO Officer assails Ombud indictment

Izobelle T. Pulgo 11/27/2016

AFTER making news last week that her indictment had been affirmed by the Office of the Ombudsman, Grace Jamio, the Public Employment Service Officer of Lapu-Lapu City, filed a Petition for Certiorari before the Supreme Court assailing…

PESO officer in Lapu indicted for duping job applicants

Izobelle T. Pulgo 11/22/2016

A Lapu-Lapu City government employee is now awaiting trial in court after the Office of Ombudsman has affirmed her indictment for allegedly duping several applicants for overseas employment. Grace Jamio, an officer of the Lapu-Lapu City Public…

Trump jitters cause PSEi slide; PH bourse ’16 gains wiped out

11/14/2016

The local stock barometer has wiped out all gains earlier seen in the year, sliding to the 6,800 level as US policy risk arising from Donald Trump’s election as the new president escalated aversion to most emerging…

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