Business
Headlines / Featured

BSP tipped to end rate hikes in Oct

Headlines / Featured

NTC: telcos given due process over P100K/day fine

Latest Business Stories

Gasoline price hike looms next week

Latest Business Stories

Mynt sets IPO price at P6.60

Headlines / Featured

Globe brings Starlink offering overseas with Japan deal

Business Insights
Foreign Exchange Rate
August 28, 2026
usd
1 USD = 61.7640
Currency Peso Equivalent
jpy
JPY
0.3876
gbp
GBP
84.0423
hkd
HKD
7.8799
chf
CHF
76.8495
CAD
CAD
44.5885
SGD
SGD
48.6178
AUD
AUD
44.4330
BHD
BHD
163.8824
Currency Peso Equivalent
SAR
SAR
16.4507
BND
BND
48.4272
IDR
IDR
0.0035
JPY
THB
1.8800
AED
AED
16.8161
EUR
EUR
71.9859
KRW
KRW
0.0448
CNY
CNY
9.1911
Index Report
Market CLOSED: Oct 2, 2026 3:58 PM
Index
Value
Chng%
PSEi
5,629.03
0.01 ▼
All Shares
3,152.39
0.14 ▼
Financials
1,759.39
0.15 ▼
Industrial
7,334.99
0.25 ▲
Holding Firms
4,084.45
0.15 ▼
Services
3,015.53
0.47 ▼
Mining and Oil
19,332.20
0.06 ▼
Property
1,735.36
0.44 ▲

Industries

Semirara lets go of 996 more workers

MANILA, Philippines — Semirara Mining and Power Corp. (SMPC) is letting go of nearly 1,000 employees amid the massive seawater inflows at one of its mine sites, with limits on...

Finance

PSEi slips for 5th straight day on economic woes

MANILA, Philippines — Local stocks edged lower on Friday, extending their losing streak to five sessions as high oil prices, elevated Treasury yields, and a weak peso weighed on investor...

Consumer & Retail

DTI: Basic goods prices stable despite resurgent oil prices

MANILA, Philippines — Prices of basic goods have remained stable despite the resurgence in fuel prices in recent weeks, driven largely by the escalation of…

Columns
ALL IN THE FAMILY

The Church and AI

Pope Leo on AI 

Do awards motivate business?

Michelin and the family restaurant

Tourism & Transportation

Grab takes the reins of fintech Atome Financial

MANILA, Philippines — Grab is deepening its push into financial services with a $1.49-billion deal to acquire a controlling stake in Atome Financial, the Singapore-based buy…

Foreign News

PH, Oman agree on pact to spur investments

MANILA, Philippines — Manila and Muscat have concluded negotiations on an investment promotion and protection agreement that could help lift the still-meager investment activity between the…

PH, EU seal landmark FTA

Economy

Marcos economic team to revisit targets

MANILA, Philippines — President Marcos’ economic team will soon convene to review its macroeconomic and fiscal targets, as policymakers seek to incorporate the latest developments,…

Communications

NTC: telcos given due process over P100K/day fine

MANILA, Philippines — After facing pushback from the telecommunications industry, the National Telecommunications Commission (NTC) on Friday stood its ground on the P100,000 daily fines…

Industry Movements

Holiday spending made smarter and simpler with BDO Pay

The “BER” months mark the start of the country’s most anticipated holiday season. As families prepare for gift shopping and festive celebrations, making every peso…

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