The Philippines secured nearly ₱15 billion in World Bank financing for water supply and sanitation infrastructure in Bohol, Siargao, and Sulu amid concerns over possible El Niño-related shortages.
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The Philippines will align bond pricing with international standards starting January 4, 2027, in a move intended to attract foreign investors and potentially lower borrowing costs.
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The peso closed at a record-low ₱62.90 per dollar as expectations of higher US interest rates strengthened the dollar and Philippine foreign reserves fell below $100 billion.
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The PSEi rose 1.61% to 5,700.99 as bargain hunters returned, but inflation, peso weakness, and global tensions continue to weigh on investor sentiment.
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Arriving passengers at NAIA Terminal 3 can exchange US dollars, euros, and Japanese yen for Philippine pesos through BDO’s 24/7 self-service machine.
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The Credit Information Corporation remitted ₱169.64 million in dividends after generating ₱459.37 million in 2025 revenue and recording a record number of credit reports.
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PNB cards are appearing on Apple Pay, with KKB successfully adding a PNB Ze-Lo Mastercard through the PNB mobile app as the rollout continues.
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The BSP expects September 2026 inflation to reach 6.4% to 7.4%, with weather-related food prices, fuel costs, and a weaker peso adding pressure.
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The SEC is proposing to raise the minimum capital requirement for Philippine stockbrokers to ₱120 million as part of efforts to strengthen investor protection.
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Philippine bank lending grew 11.0% in August, with stronger business borrowing offsetting slower growth in credit card and motor vehicle loans.
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Philippine employers are budgeting a 5.3% average salary increase for 2027 as companies navigate skills shortages, employee turnover, and AI-driven changes.
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Whoscall hosts a community talk to strengthen collaboration against scams in the Philippines.
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