Peso Hits Record Low Past P63 to the Dollar
by Martin PascualThe Philippine peso fell to a record intraday low of ?63.15 per US dollar on October 15, amid oil price concerns, US inflation, and domestic economic pressures. Read more »
The Philippine peso fell to a record intraday low of ?63.15 per US dollar on October 15, amid oil price concerns, US inflation, and domestic economic pressures. Read more »
The Philippines is expected to post a current account deficit of nearly $20 billion annually through 2027, as elevated oil and commodity prices continue to drive up import costs, according to updated projections from the BSP. Read more »
German shipping giant Hapag-Lloyd has suspended new cargo bookings to Manila, Batangas, and Subic Bay until December 31, 2026, citing persistent port congestion and limited capacity for storing and returning empty containers. Read more »
Prime Infrastructure Capital Inc., the infrastructure company led by billionaire Enrique Razon Jr., expects to double its revenue and earnings over the short to medium term, driven by acquisitions, existing businesses, and new power projects. Read more »
Donatela Resort & Sanctuary, an upscale property in Panglao, Bohol, owned by Davao businessman Dennis Uy’s PH Resorts Group Holdings Inc., permanently ceased operations on September 30, 2026. Read more »
A Singaporean diplomat told an Ateneo audience that a calm 2026 does not end the US-China contest. Our history shows what happens when the Philippines lets bigger powers decide where the fighting goes. Read more »