Peso strengthens to 3-month high against US dollar
The Philippine peso reached its highest level in three months amid positive economic indicators and strong foreign investment inflows. Analysts predict continued strength in the coming weeks.
By Juan Dela Cruz | October 16, 2023 | 5 min read
Read Full StoryLatest Business News
Q3 GDP growth exceeds expectations at 7.2%
The Philippine economy expanded faster than anticipated in the third quarter, driven by robust consumer spending and increased government infrastructure outlays.
By Maria Santos | 2 hours ago
San Miguel announces $10B expansion plan
The conglomerate revealed ambitious expansion plans focusing on renewable energy, infrastructure, and digital businesses over the next five years.
By Roberto Cruz | 4 hours ago
BSP keeps key interest rates unchanged
The central bank maintained its benchmark interest rate, citing manageable inflation and stable economic growth prospects.
By Ana Reyes | 6 hours ago
Filipino fintech startup raises $20M Series B
The digital payments platform secured funding from international investors to expand its services across Southeast Asia.
By Michael Tan | 8 hours ago
Office space demand rebounds in Q3
Metro Manila office leasing activity increased by 15% as more companies implement return-to-office policies.
By Susan Lim | 10 hours ago
Stock market index reaches new all-time high
12 hours agoThe PSEi surged past the 7,000-point mark for the first time, driven by strong corporate earnings and positive economic data.
By Carlos GomezExport growth accelerates in September
14 hours agoPhilippine exports rose by 12.5% year-on-year, with electronics and agricultural products leading the expansion.
By Elena TorresMinimum wage increase proposed in NCR
16 hours agoLabor groups are pushing for a PHP 100 daily wage hike, while employers cite concerns about business viability.
By Ricardo SantosTrending in Business
Market Snapshot
Business Digest
Get daily market updates and business news summary