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Peso skids to new low vs strong greenback

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Balisacan banks on flood control cleanup to revive growth

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US eyes Luzon corridor blueprint for SE Asia

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PH FDI loses momentum amid growth woes

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Security Bank goes for PSEi return

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How SM Group is rethinking malls around a new generation

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Latest Business Stories

Court lifts restraining order vs Socoteco II–Ignite plebiscite

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Meralco rates dip for 2nd straight month

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Another fuel price hike seen next week

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Nickel Asia seals $30-M Kazakhstan deal

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SEC pushes tougher safeguards on crowdfunding

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DOF cues revival of kerosene, LPG tax relief

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: Sep 10, 2026 3:58 PM
Index
Value
Chng%
PSEi
6,099.23
0.28
All Shares
3,383.31
0.08
Financials
1,892.65
0.33
Industrial
7,924.31
0.6
Holding Firms
4,245.81
1.17
Services
3,393.10
0.74
Mining and Oil
22,220.22
2.59
Property
1,842.16
0.55

Industries

Court lifts restraining order vs Socoteco II–Ignite plebiscite

MANILA, Philippines — A power cooperative in South Cotabato has secured victory over an attempt to block a plebiscite on its proposed partnership with Ignite Power and Energy Holdings Inc....

Finance

Oil, peso woes drag PSEi below 6,100

MANILA, Philippines — Local stocks fell below 6,100 on Friday as rising global oil prices and a weak peso stoked concerns about renewed inflationary pressures. The benchmark Philippine Stock Exchange Index...

Consumer & Retail

DOF cues revival of kerosene, LPG tax relief

DOF cues revival of kerosene, LPG tax relief

MANILA, Philippines — The Department of Finance (DOF) is preparing to seek the second round of suspension of excise taxes on kerosene and liquefied petroleum gas…

Columns
ALL IN THE FAMILY

The Church and AI

Pope Leo on AI 

Do awards motivate business?

Michelin and the family restaurant

Tourism & Transportation

Pang-shopping na, Pang-LRT-2 pa

Skip the ticketing lines! Commuting in Metro Manila just got a major upgrade. You can now tap your Visa or Mastercard (debit, credit, or prepaid),…

Foreign News

Peso skids to new low vs strong greenback

MANILA, Philippines — The Philippine peso sank deeper into the 62-per-dollar territory, capping the week at a new record low as lingering inflation fears amid a…

Economy

ADB urges developing markets to strengthen fiscal position

MANILA, Philippines — The Asian Development Bank (ADB) said developing economies such as the Philippines, facing rising bond yields and weakening currencies, should strengthen their creditworthiness…

Communications

ABS-CBN sets stage for P6-billion infusion

MANILA, Philippines — Media giant ABS-CBN Corp. is set to seek shareholder approval for plans to triple its authorized capital to P4.5 billion. This paves…

Industry Movements

Visa Inc. footprint at SM’s MOA complex balloons

MANILA, Philippines — Visa Inc. is expanding by more than twice its office footprint at the SM Mall of Asia (MOA) Complex as the global…

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