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

Headlines / Featured

ICTSI closes acquisition of Brazil firm

Latest Business Stories

Visayas grid slips back into red alert

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WESM prices jump 23% in June as Visayas leads surge

Headlines / Featured

Unemployment rate rose to 4.8% in May

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Inquirer Features

The problem behind the problem

Latest Business Stories

EastWest drops InstaPay fees starting July 15

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BIR, Koica complete post-management support project fo EIS

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BDO joins banks waiving InstaPay, PESONet transfer fees

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 8, 2026 3:58 PM
Index
Value
Chng%
PSEi
6,275.77
0.46
All Shares
3,405.15
0.36
Financials
1,939.54
0.36
Industrial
8,444.68
0.36
Holding Firms
4,448.96
0.37
Services
3,365.83
2.27
Mining and Oil
14,419.32
1.42
Property
1,894.69
0.1

Industries

MIC, PNOC sign deal for Bataan petroleum storage project

MANILA, Philippines – The Maharlika Investment Corporation (MIC) and the Philippine National Oil Company (PNOC) have agreed to explore developing a storage tank farm in Bataan to boost the country’s energy...

Finance

PSEi snaps 6-day rally on profit-taking

MANILA, Philippines – Local stocks fell on Thursday as investors locked in gains after a six-day rally, while geopolitical risks and weaker economic forecasts pressured the market. The benchmark Philippine Stock...

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

IMF, ADB slash PH growth forecast 

MANILA, Philippines – The Philippine economy is facing an even more sobering outlook this year as both the International Monetary Fund (IMF) and Asian Development…

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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