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 »
An unnamed Taiwanese technology company will invest $1 billion in an advanced manufacturing facility in New Clark City, Tarlac, with plans to expand. Read more »
Gasoline prices could rise by P5.50 to P6 per liter and diesel by P4 to P4.50 as global oil prices and a weaker peso put pressure on fuel costs. Read more »
The Bangko Sentral ng Pilipinas is considering a possible off-cycle interest rate hike as inflation risks worsen due to rising oil prices, peso weakness, and global supply pressures. Read more »
For many Filipino business owners, 2024 and 2025 have been years of unprecedented strain. Rising costs, thin margins, and operational hurdles have made survival a daily challenge, particularly for small and medium enterprises (MSMEs). Read more »
BSP data showed that OFW cash remittances reached $3.12 billion in September from $3.01 billion in the same month last year. This brought the nine-month total to $26.03 billion: a 3.2 percent increase from $25.23 billion in the same period of 2024. Read more »
