New peso low: 59.17 per $1
The local currency resumed its decline yesterday, mirroring the slide in investor confidence.
Toby Magsaysay · · 2 min read
Daily TribuneThe local currency resumed its decline yesterday, mirroring the slide in investor confidence.
Toby Magsaysay · · 2 min read
The Philippine peso weakened further on Wednesday, closing at P59.17 against the US dollar, up by P0.185 or 0.3 percent from the previous day. This marks the…
Toby Magsaysay · · 2 min read
The Asian Development Bank (ADB) has launched the Philippines Flyway Project, a new initiative aimed at conserving critical wetland ecosystems that support…
Toby Magsaysay · · 2 min read
Net foreign direct investments (FDI) into the Philippines fell sharply by 40.5 percent in August 2025 to US$494 million, down from US$830 million in the same…
Toby Magsaysay · · 1 min read
Property developer Filinvest Land, Inc. (FLI) reported a 9 percent increase in consolidated revenues and 5 percent growth in net income for the first nine…
Toby Magsaysay · · 2 min read
The Department of Finance (DOF) on Wednesday assured the public that the government has sufficient funds to provide aid to communities devastated by recent…
Toby Magsaysay · · 2 min read
The Bank of the Philippine Islands (BPI) has expanded its partner store services with Robinsons Retail Holdings Inc. (RRHI), enabling customers to withdraw…
Toby Magsaysay · · 2 min read
Philippine conglomerates are embarking on a massive investment pivot that will test their financial discipline, according to a recent report from financial…
Toby Magsaysay · · 2 min read
Local fintech startup OneLot has raised $3.3 million in seed funding, marking the largest seed round in the Philippines for 2025, to scale its digital…
Toby Magsaysay · · 2 min read
GoTyme Bank has partnered with Wise Platform, a global payment infrastructure provider, to simplify and speed up international money transfers for over 7.8…
Toby Magsaysay · · 2 min read