The peso is likely to stay under pressure after breaking the 60:$1 mark, with volatility risks skewed to the upside, according to analyst Michael Ricafort. The currency closed at a record P60.10 on March 19 as renewed Middle East tensions drove oil prices higher—fueling inflation concerns and widening the country’s trade gap.
The Financial Executives Institute of the Philippines is calling for faster development of the country’s capital markets, warning that sustaining economic growth will require broader, more reliable sources of long-term funding.
Fuel prices across the country are expected to rise sharply this week, with diesel likely to see another double-digit increase, according to a local fuel retailer.
The Bureau of Customs’ 2025 lists of top importers at the Port of Batangas and the Manila International Container Port (MICP) reveal more than a split in economic roles—they show how location dictates the direction, speed, and cost of trade.
Fiber broadband provider Converge ICT Solutions Inc. announced it has completed its National Digital Infrastructure, a major network designed to support advanced technologies and boost the country’s role in the global digital economy.
The Department of Energy has confirmed the national government is open to selling the mothballed Bataan Nuclear Power Plant, also referred to as the Philippine Nuclear Power Plant, to private investors, after a South Korean feasibility study found promise in reviving the long‑idle facility.
When an unexpected loss strikes, grieving families are often forced to make quick financial and logistical choices amid emotional distress—with only days to lock in funeral arrangements, coordinate with relatives, and gather funds for related costs. Pre‑planning, pre‑need provider PhilPlans says, is key to reducing this heavy burden for consumers, while also helping service providers deliver smoother, more predictable support during difficult periods.
BDO Unibank, Inc. reported a nine‑month 2026 net income of ₱63.6 billion, slightly higher than the ₱63.1 billion recorded in the same period of 2025, with a 13.1 percent return on equity reflecting the bank’s solid core business performance.
China Bank Savings (CBS) is expanding its home financing business through partnerships with three property developers, targeting growing residential markets in CALABARZON and Central Visayas as it seeks to widen access to homeownership.