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News and Events

With the Peso Falling to Almost 12-Year Lows, Can You Still Afford Your Dream Vacation Abroad?

It's off 22% from its peak in early 2013. What’s the impact on traveling to HK, Japan or Korea?

Thanks to local and foreign budget airlines as well as Airbnb, vacationing abroad has become increasingly affordable for a growing number of Filipino middle class families.This was especially true in early 2013, when the peso rose to 40.653 per US dollar, its ...

by Elyssa Christine Lopez  | February 28, 2018 09:00:00
News and Events

The Peso Was Asia’s Third Weakest Currency in 2017 But PH Gov’t Says It’s a Good Thing

Despite its slight depreciation, the peso’s stability was a sign of strong economic fundamentals, says DOF

The Philippine peso closed last year at Php49.85 per US dollar, 0.50 percent weaker than the previous year’s close of Php49.60.That kind of change doesn’t look like much but it stands out in Asia, where most currencies, on average, appreciated or got ...

by Entrepreneur Staff  | January 08, 2018 05:00:00
Business Ideas

Why trade in forex?

It is still an interesting time to invest in the largest financial market in the world-currency trading. Here's why you should be trading foreign exchange now.

The current boom in the local stock market is whetting the appetite for other forms of investing, including currency trading, also known as foreign exchange (“forex” or “FX”) trading.Put simply, FX trading is a process of buying and selling money. Imagine that ...

by Lolita Villa  | March 26, 2014 12:30:00