In addition to risky assets such as equities, commodities, oil and gold, high-yielding currencies have performed strongly amid fresh signs that the worst of the global slump is behind us.
Development Bank of Singapore (DBS) said it has kept a negative medium-term outlook for the Philippine peso amid the widening budget deficit.
MANILA, Philippines – The peso could weaken to as low as 52 to $1 this year as a result of the slowdown in foreign exchange inflows from overseas Filipinos (OFWs) as well as the decline in interest rates.
The peso broke into the 40-to-$1 territory for the first time since March 2000, briefly hitting an intra-day high of 40.99 before closing at 41 to a dollar.
THE Philippines runs the risk of losing jobs to low-wage countries because of a strong peso, according to an economist from the University of Asia and the Pacific (UA&P).
The Bangko Sentral ng Pilipinas (BSP) thumbed down yesterday a proposal for the government to support a fixed foreign exchange rate for overseas Filipino workers (OFWs).
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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