Asenso Pinas Archives - Page 5 of 61

Peso Weakens to ₱58 vs Dollar as BSP Releases October 9 Exchange Rates

Planet Philippines (Full Attribution Below)October 9, 2025

MANILA — The Philippine peso weakened slightly on Wednesday, October 9, 2025, closing at ₱58.09 against the US dollar, according to the Bangko Sentral ng Pilipinas (BSP). The peso’s struggle continues as global currencies shift with changing oil prices, US inflation worries, and Middle East tensions. BSP’s reference exchange rate bulletin showed how the world’s […]

Silver price hits decades high as gold rush eases

Planet Philippines (Full Attribution Below)October 9, 2025

The price of silver hit a three-decade high on Thursday as investors kept flocking to safe havens amid geopolitical and economic uncertainty, but gold eased off a record run. Read More

SEC Chair Lim apologizes, says P1.7-trillion stock market wipeout report fictitious

Planet Philippines (Full Attribution Below)October 9, 2025

SEC chairperson Francis Lim on Thursday apologized for saying that P1.7-trillion worth of market value was wiped out from publicly listed companies, saying he based his remark on what he believed to be a “credible” industry report. Read More

Solon urges raising tax-free income threshold to P300,000 amid flood control anger

Planet Philippines (Full Attribution Below)October 9, 2025

House ways and means vice chairperson Rolando Valeriano called for raising the tax-free annual individual income threshold to P300,000 and scrapping the 12% VAT on electricity, amid public anger over the billions’ worth of questionable flood control projects. Read More

BSP wants cap on funds transfers, banks to refuse suspicious withdrawals

Planet Philippines (Full Attribution Below)October 9, 2025

The Bangko Sentral ng Pilipinas (BSP) on Thursday said it is looking at implementing caps on the transfers of funds and allowing banks to refuse suspicious withdrawals, as it seeks to implement more measures that would address the ongoing corruption issues on government spending, particularly on infrastructure projects. Read More

DTI negotiating with manufacturers not to raise prices ahead of Christmas

Planet Philippines (Full Attribution Below)October 9, 2025

Seventy-seven days before Christmas, the Department of Trade and Industry (DTI) is negotiating with manufacturers not to increase prices ahead of the holidays. Read More

BSP eases rates for fourth straight meeting

Planet Philippines (Full Attribution Below)October 9, 2025

The Monetary Board of the Bangko Sentral ng Pilipinas on Thursday decided to continue its easing cycle for the fourth straight meeting, citing the “benign” inflation outlook, and the weakened economic growth projections. Read More

Philippines lifts poultry import ban on 6 countries

Planet Philippines (Full Attribution Below)October 9, 2025

The Department of Agriculture (DA) announced on Thursday that it has lifted the poultry ban on six countries affected by avian influenza outbreaks. Read More

Marcos economic aide on P1.7-trillion wipeout in PH stock market: Fake news

Planet Philippines (Full Attribution Below)October 9, 2025

Special Assistant to the President for Investment and Economic Affairs (SAPIEA) Frederick Go on Thursday branded as fake news the report that P1.7 trillion in market value was wiped out. Read More

Sluggish summer brings down forecast for tourism growth in Spain

Planet Philippines (Full Attribution Below)October 9, 2025

MADRID – Growth in Spain’s tourism industry has slowed down sharply, driven by weaker spending by European and U.S. visitors, and its contribution to this year’s economic growth will be weaker than expected, industry group Exceltur said on Tuesday. Read More

Perth–Manila Direct Flights Give PH Tourism a Big Boost

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Category: Asenso Pinas

Peso Weakens to ₱58 vs Dollar as BSP Releases October 9 Exchange Rates

Silver price hits decades high as gold rush eases

SEC Chair Lim apologizes, says P1.7-trillion stock market wipeout report fictitious

Solon urges raising tax-free income threshold to P300,000 amid flood control anger

BSP wants cap on funds transfers, banks to refuse suspicious withdrawals

DTI negotiating with manufacturers not to raise prices ahead of Christmas

BSP eases rates for fourth straight meeting

Philippines lifts poultry import ban on 6 countries

Marcos economic aide on P1.7-trillion wipeout in PH stock market: Fake news

Sluggish summer brings down forecast for tourism growth in Spain

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Category: Asenso Pinas

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