Business
Latest Business Stories

SEC oks P272-M IPO of La Union power utility LUECO

Latest Business Stories

Finance chief Frederick Go joins BSP Monetary Board

Latest Business News

SEC warns investing public vs Exness Global, HF Markets

Latest Business Stories

Philippines ends 2025 with $110.9B foreign reserves

Headlines

Peso slides to new record low

Brandroom
Foreign Exchange Rate
January 7, 2026
usd
1 USD = 59.1520
Currency Peso Equivalent
jpy
JPY
0.3777
gbp
GBP
79.8670
hkd
HKD
7.5952
chf
CHF
74.3676
CAD
CAD
42.8203
SGD
SGD
46.2053
AUD
AUD
39.8448
BHD
BHD
156.9227
Currency Peso Equivalent
SAR
SAR
15.7751
BND
BND
46.0255
IDR
IDR
0.0035
JPY
THB
1.8965
AED
AED
16.1054
EUR
EUR
69.1487
KRW
KRW
0.0409
CNY
CNY
8.4709
Index Report
Market CLOSED: Jan 7, 2026 3:58 PM
Index
Value
Chng%
PSEi
6,292.09
0.41
All Shares
3,594.19
0.16
Financials
2,144.35
0.32
Industrial
9,117.37
0.63
Holding Firms
4,957.39
0.35
Services
2,455.90
1.29
Mining and Oil
16,389.92
0.81
Property
2,310.06
0.11

Industries

US says to dictate Venezuela decisions, oil sales

WASHINGTON, United States — US President Donald Trump’s administration said Wednesday it will dictate decisions to Venezuela’s interim leaders and control the country’s oil sales “indefinitely” after toppling Nicolas Maduro....

Finance

Finance chief Frederick Go joins BSP Monetary Board

MANILA, Philippines — Finance Secretary Frederick Go was sworn in as a member of the Monetary Board of the Bangko Sentral ng Pilipinas, joining the policy-making body as the government’s Cabinet...

Consumer & Retail

Japan's Marubeni buys UK's Gola in retro trainer push

Japan's Marubeni buys UK's Gola in retro trainer push

TOKYO, Japan — Marubeni, which is backed by billionaire investor Warren Buffett, said it had bought British heritage sportswear brand Gola as the trading house moves…

Columns
ALL IN THE FAMILY

The Church and AI

Pope Leo on AI 

Do awards motivate business?

Michelin and the family restaurant

Tourism & Transportation

PAL infotainment soars high with ‘teleserye’ flight safety video

MANILA, Philippines — In-flight safety videos, despite their importance, are often a bore, especially for frequent flyers. Routinary and repetitive, they usually involve cabin crew demonstrating…

PAL begins Cebu-Guam service

Foreign News

Peso recovers from record low amid calmer US dollar

MANILA, Philippines — The peso clawed back some losses on Thursday, rebounding from a record low hit the day before, as the US dollar eased after…

Economy

Toledo: ‘2026 budget is Filipino’s budget’

MANILA, Philippines — Acting Budget Secretary Roland Toledo on Monday said the 2026 national budget places Filipinos “at its core,” with the P6.793-trillion spending plan…

Communications

PSEi rises to 6,300 on bargain hunting

MANILA, Philippines — The local index edged higher on Thursday as investors took advantage of cheaper prices after the previous day’s dip, with some optimism buoyed…

Industry Movements

Startups go public in litmus test for Chinese AI

HONG KONG, China — Leading Chinese artificial intelligence startup Zhipu AI soared as it went public in Hong Kong on Thursday, a day before rival MiniMax…

AI can help curb corruption

All is calm, AI’s bright

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