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Peso weakens further, breaches 62:$1 level 

Headlines / Featured

Aug inflation seen hitting as high as 6.5%

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Trade deficit widened by 35% in July 

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Philippines keeps A- rating from Japan debt watcher

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Peso falls to 62-per-dollar level

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Fuel price rollback seen on Sept. 1

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BSP raises policy rate to 5%; peso sinks to new low

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Headlines

ICTSI bags new port, cargo deal in Africa

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Lance Gokongwei elected PhilWeb chair

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DOST eyes ₱30.9B 2027 budget for R&D, STEM

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Metal sector posts stronger H1 despite output dips

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: Aug 28, 2026 3:58 PM
Index
Value
Chng%
PSEi
5,956.33
0.8
All Shares
3,318.99
0.61
Financials
1,864.47
1.78
Industrial
7,905.63
1.5
Holding Firms
4,330.15
0.78
Services
3,131.08
0.39
Mining and Oil
20,069.88
1.91
Property
1,866.99
0.62

Industries

Metal sector posts stronger H1 despite output dips

MANILA, Philippines — The country’s metal sector posted a stronger performance in the first half of 2026 despite production volume decreases for some metals, as the production value of key metals...

Finance

Philippines keeps A- rating from Japan debt watcher

MANILA, Philippines — The Philippines retained its “A-” investment-grade rating with a stable outlook from the Japan Credit Rating Agency (JCR), with the debt watchdog expecting the country’s strong external buffers...

Consumer & Retail

SM Prime expands 3 malls in S. Luzon, W. Visayas

SM Prime expands 3 malls in S. Luzon, W. Visayas

MANILA, Philippines — SM Prime Holdings Inc. is further boosting its regional growth momentum as it expands three malls in the western Visayas and south Luzon.…

Columns
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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 weakens further, breaches 62:$1 level 

MANILA, Philippines — The Philippine peso fell to a new record low on Friday, breaching the 62-per-dollar level for the first time, as rising oil prices…

Economy

Japan debt watchdog affirms Philippines’ ‘A’ rating

MANILA, Philippines — The Japan Credit Rating Agency (JCR) on Friday affirmed the Philippines’ “A” credit rating and maintained a stable outlook, citing hopes that the…

Communications

PLDT tests cell-to-sat tech against disaster

MANILA, Philippines — PLDT Inc.’s wireless arm Smart Communications Inc. has completed another round of tests for its direct-to-device satellite technology, this time simulating disaster scenarios…

Industry Movements

EastWest sets P9-billion capital raising push

MANILA, Philippines — East West Banking Corp. is looking to raise about P9 billion through a stock rights offering (SRO) as the Gotianun-led bank seeks…

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