Business
Latest Business Stories

Jobless Filipinos rise to 2.5M in May

Headlines / Featured

Inflation eased to 6.4% in June on cheaper oil

Headlines / Featured

SEC lifts moratorium on online lending firms

Headlines / Featured

Factory output growth slowed to 10.2% in May

Headlines / Featured

Remolona: PH economy can take fresh rate hike

Headlines / Featured

ACEN sells 49% stake in India wind farm

Latest Business Stories

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Headlines / Featured

Unemployment rate rose to 4.8% in May

Headlines / Featured

Danish firm acquired a 40% stake in AC Logistics   

Headlines / Featured

Saudi Aramco cues PH retail station

Headlines

IMF, ADB slash PH growth forecast 

Business Insights
Foreign Exchange Rate
July 8, 2026
usd
1 USD = 61.4230
Currency Peso Equivalent
jpy
JPY
0.3788
gbp
GBP
82.0611
hkd
HKD
7.8327
chf
CHF
75.9903
CAD
CAD
43.2648
SGD
SGD
47.5337
AUD
AUD
42.5231
BHD
BHD
162.9690
Currency Peso Equivalent
SAR
SAR
16.3611
BND
BND
47.3504
IDR
IDR
0.0034
JPY
THB
1.8434
AED
AED
16.7238
EUR
EUR
70.0775
KRW
KRW
0.0406
CNY
CNY
9.0405
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

Saudi Aramco cues PH retail station

MANILA, Philippines – The world’s largest oil company is set to make its return to the Philippine retail fuel market this month as Saudi Aramco prepares to open its first...

Finance

PSEi extends winning streak to six days

MANILA, Philippines – Local stocks extended their winning streak to a sixth straight session on Wednesday as investors continued to accumulate shares despite lingering concerns over rising tensions in the Middle...

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

PNB waives InstaPay, PESONet fees starting July 10

MANILA, Philippines – Philippine National Bank (PNB) will waive InstaPay and PESONet fees for domestic fund transfers made through PNB Digital starting July 10, joining a…

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