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Latest Business Stories

PSEi slides as investors turn cautious ahead of GDP data

Headlines

SPNEC rebrands as MGEN Renewable Energy

Headlines

BIR set to resume tax audits in Q1

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Ayala seeks SEC nod for P30-B bond plan

Brandroom
Foreign Exchange Rate
January 23, 2026
usd
1 USD = 59.1670
Currency Peso Equivalent
jpy
JPY
0.3735
gbp
GBP
79.8932
hkd
HKD
7.5891
chf
CHF
74.9994
CAD
CAD
42.9213
SGD
SGD
46.2026
AUD
AUD
40.4702
BHD
BHD
156.9833
Currency Peso Equivalent
SAR
SAR
15.7829
BND
BND
46.0229
IDR
IDR
0.0035
JPY
THB
1.9029
AED
AED
16.1090
EUR
EUR
69.5626
KRW
KRW
0.0404
CNY
CNY
8.4922
Index Report
Market CLOSED: Jan 23, 2026 3:58 PM
Index
Value
Chng%
PSEi
6,333.26
1.02
All Shares
3,599.31
0.54
Financials
2,113.02
1.16
Industrial
9,037.74
0.45
Holding Firms
5,056.87
0.84
Services
2,554.37
0.87
Mining and Oil
18,216.35
2.76
Property
2,292.52
0.94

Industries

Leviste leaves MTerra Solar’s board of directors

MANILA, Philippines — Businessman-politician Leandro Leviste has left the board of directors of Terra Solar Philippines (MTerra Solar), just as the firm’s P200-billion solar park neared initial commercial operations. The...

Finance

PSEi slides as investors turn cautious ahead of GDP data

MANILA, Philippines — The Philippine Stock Exchange index (PSEi) ended the week lower on Friday as investors took a cautious stance ahead of the release next week of the country’s...

Consumer & Retail

Credit card industry renews call to scrap caps on interest rates, fees

Credit card industry renews call to scrap caps on interest rates, fees

MANILA, Philippines — The local credit card industry is renewing its push to persuade regulators to lift caps on fees and interest rates, saying controls imposed…

Columns
ALL IN THE FAMILY

The Church and AI

Pope Leo on AI 

Do awards motivate business?

Michelin and the family restaurant

Tourism & Transportation

Cebu Pacific completing turboprop exit from NAIA by March

MANILA, Philippines –Cebu Pacific expects to complete the transfer of all its turboprop operations out of the Ninoy Aquino International Airport (NAIA) by March. This…

Foreign News

Venezuela says $300-m US oil sale used to prop up currency

CARACAS, Venezuela — Venezuela’s interim leader Delcy Rodriguez said Tuesday that her country has received $300 million from a US sale of Venezuelan crude and she…

Economy

South Korea economy grew one percent in 2025 — central bank

SEOUL, South Korea — South Korea’s economy grew just one percent in 2025, Seoul’s central bank said on Thursday. Even then, exports rose on the back…

Communications

TikTok establishes joint venture to end US ban threat

WASHINGTON, United States — TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business. This enables the company to avoid…

Industry Movements

Bank lending up 10.3% in November despite subdued confidence

MANILA, Philippines — Bank lending grew at a steady pace in November 2025, with the expansion of credit to businesses and consumers flattening at a…

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