
Peso hits record low
The currency hit another record low on Tuesday, closing at P62.625 against the greenback, amid the rebound of Philippine stocks.
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The currency hit another record low on Tuesday, closing at P62.625 against the greenback, amid the rebound of Philippine stocks.
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The peso fell to a fresh record-low close of P62.590 per US dollar on Friday, down 7 centavos, or 0.11 percent, from Thursday’s P62.520, marking its fifth…
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Malacañang had no comment, saying it had not yet seen the results.
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The Department of Finance (DOF) said it has begun nationwide consultations on the proposed Promoting Growth, Revenue, and Equity toward Socioeconomic…
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The peso weakened 0.22 percent to a third consecutive record-low close of P62.40 per US dollar on Tuesday, surpassing Friday’s record-low close of P62.265,…
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The Philippine peso’s recent depreciation has largely followed foreign exchange market dynamics, according to ASEAN+3 Macroeconomic Research Office (AMRO)…
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There is a particular kind of memory that travels home with you on a long-haul flight — not captured in the flat light of a photograph, but carried in the…
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The Philippine peso has crossed the P62 per US dollar threshold for the first time in history, weakening 0.61 percent to a record-low P62.265 against the…
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The Philippine peso shed 23.8 centavos to a record-low P61.888 per US dollar on Thursday, marking the thirteenth time the local currency has slumped to a…
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The Department of Social Welfare and Development (DSWD) reported Thursday that its regional office in Zamboanga Peninsula has provided psychological first aid…
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The peso weakened 3 centavos or 0.05 percent to P61.815 per US dollar on Wednesday, briefly touching a new record intraday high of P61.995 as investors reacted…
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The Philippine Stock Exchange Inc. (PSE) reported a 19.8 percent increase in first-half net income to P608.38 million from P508.03 million a year earlier,…
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Security Bank Corp. reported P6.1 billion in net income for the first half of 2026, up 4 percent year-on-year, as stronger revenues, improved operating…
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Banking remained SM Investment Corp.’s largest earnings contributor, accounting for 47 percent of group net income, followed by property at 27 percent, retail…
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Pag-IBIG Fund posted a record P41.35 billion in net income in the first half of 2026, up 24 percent from the same period last year, driven by sustained…
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Filinvest Land Inc. (FLI) posted a 4 percent increase in net income to P2.21 billion in the first half of the year, as reservation sales jumped 50 percent and…
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LT Group Inc. (LTG) saw its attributable net income rise 14 percent to a record P17.03 billion in the first half of 2026, driven mainly by higher earnings from…
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The House Committee on Ways and Means on Monday, 10 August, approved a measure seeking to raise the annual income tax exemption threshold from P250,000 to…
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