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Headlines / Featured

Net FDI inflow plunged to 10-year low in April

Headlines / Featured

PSE sanctions First Gen over disclosures

Headlines / Featured

Gov’t cuts ’26 target tax take to P4.44T

Business Insights
Foreign Exchange Rate
July 9, 2026
usd
1 USD = 61.5520
Currency Peso Equivalent
jpy
JPY
0.3787
gbp
GBP
82.4489
hkd
HKD
7.8518
chf
CHF
76.1311
CAD
CAD
43.4291
SGD
SGD
47.5967
AUD
AUD
42.6432
BHD
BHD
163.3112
Currency Peso Equivalent
SAR
SAR
16.3920
BND
BND
47.4133
IDR
IDR
0.0034
JPY
THB
1.8401
AED
AED
16.7589
EUR
EUR
70.3047
KRW
KRW
0.0409
CNY
CNY
9.0448
Index Report
Market CLOSED: Jul 10, 2026 3:59 PM
Index
Value
Chng%
PSEi
6,286.70
1.01
All Shares
3,393.34
0.68
Financials
1,916.57
0.97
Industrial
8,378.22
0.66
Holding Firms
4,390.82
0.76
Services
3,420.71
0.77
Mining and Oil
14,549.70
2.32
Property
1,892.96
1.24

Industries

Taxes, generation charge push Meralco rates higher in July

MANILA, Philippines – Manila Electric Co. (Meralco) customers will bear the brunt of higher power bills as increased generation charges and taxes pushed the distributor’s rates higher this month. In a...

Finance

PSEi climbs 1% on bargain hunting

MANILA, Philippines – Local stocks rebounded on Friday as bargain hunting returned, supported by Wall Street’s rally and easing US-Iran tensions. The benchmark Philippine Stock Exchange index (PSEi) climbed 1.01...

Consumer & Retail

Corporate gifting emerges as strategic business tool as buyers’ show opens largest edition

As businesses navigate an increasingly digital and competitive landscape, companies across the Philippines are rethinking how they build and sustain relationships, with many turning to…

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 to increase North America flights

MANILA, Philippines – Philippine Airlines (PAL) is scaling up its North American operations starting in November, adding weekly flights to three key destinations to coincide with…

Foreign News

GOCCs to remit record P147B in 2026

MANILA, Philippines – Government-owned and -controlled corporations (GOCCs) are set to remit a record P147.15 billion in dividends to the national government in 2026, Finance…

Economy

Philippines gets top marks for investor relations, debt transparency

MANILA, Philippines – The Philippines ranked among the top performers in the latest Institute of International Finance (IIF) assessment of emerging markets, earning high marks…

Communications

Fiber cuts caused Quezon City network disruption–Converge

MANILA, Philippines – Converge ICT Solutions said customers in Quezon City and nearby areas experienced internet disruptions on Monday after multiple cuts to its fiber-optic cables.…

Industry Movements

EastWest drops InstaPay fees starting July 15

MANILA, Philippines – EastWest Banking Corp. will waive InstaPay transfer fees through its EasyWay and Komo digital banking platforms starting July 15, becoming the latest lender…

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