Peso gains vs. US dollar but remains at P64:$1 level

GMA Network - Oct 28, 2026

The Philippine peso closed stronger on Wednesday, albeit still at P64-to-one dollar level.

Read full article

More News

SSS: Qualified members with P10,000 monthly salary credit or below to get UPLIFT aid

Oct 28, 2026

SSS: Qualified members with P10,000 monthly salary credit or below to get UPLIFT aid

The Social Security System (SSS) on Wednesday announced that eligible members under the expanded coverage of the Department of Social Welfare and Development's (DSWD) UPLIFT Assistance program will receive up to P8,000 in financial assistance beginning October 30, 2026.

MVP still keen on Maya public listing

Oct 28, 2026

MVP still keen on Maya public listing

Business tycoon Manuel V. Pangilinan said Wednesday the plan to offer fintech firm Maya's share to the investing public is still on the table.

Bukidnon tribe's arabica coffee gets nearly P98-M boost from World Bank

Oct 28, 2026

Bukidnon tribe's arabica coffee gets nearly P98-M boost from World Bank

A P97.91-million investment under a World Bank-funded initiative is expected to boost the coffee industry in the Daraghuyan Ancestral Domain in Bukidnon.

Chinese drug sector’s stature grows at major cancer conference

Oct 28, 2026

Chinese drug sector’s stature grows at major cancer conference

An array of Chinese drug makers showcased positive trial results for new cancer treatments at a major European medical conference, underscoring the expanding international influence of China’s biotech sector. Domestic innovative drugs, particularly antibody-drug conjugates (ADCs), delivered impressive data across multiple tumour types at the European Society for Medical Oncology (Esmo) Congress, with some early-stage data further showing the country’s “innovation capabilities”, said analysts...

With PH peso plunging to record lows, should Filipinos panic?

Oct 28, 2026

With PH peso plunging to record lows, should Filipinos panic?

The Philippine peso has hit a record low against the US dollar for the 33rd time.

Meralco customers face higher electricity prices amid peso depreciation

Oct 28, 2026

Meralco customers face higher electricity prices amid peso depreciation

Customers of the Manila Electric Company (Meralco) should expect electricity prices to go up as the continuing depreciation of the Philippine peso is seen to affect the power generation costs.

Why Hong Kong’s extensive I&T ecosystem and global connectivity appeal to top-tier talent

Oct 28, 2026

Why Hong Kong’s extensive I&T ecosystem and global connectivity appeal to top-tier talent

Talent recruitment and development are playing a prominent role in Hong Kong’s long-term development strategy as it looks to lure skilled professionals from around the world to drive growth in its key industries. In his first five-year plan announced last month, Chief Executive John Lee Ka-chiu highlighted Hong Kong’s commitment to leveraging its advantages as an international city, strengthening its position as a global hub for high-calibre talent, and attracting skilled professionals to serve...

China’s hybrid car exports to EU up 200%; response to Tesla’s ‘flying car’: 7 EV reads

Oct 28, 2026

China’s hybrid car exports to EU up 200%; response to Tesla’s ‘flying car’: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. BYD to build new factories in Europe to beat trade barriers aimed at Chinese EVs China’s BYD will build new factories in Europe for a bigger market share, as the world’s largest electric vehicle (EV) maker faces fiscal support pullback at home and rising trade barriers overseas,...

Yulan bond debuts in Dubai amid Beijing’s yuan-denominated asset push

Oct 28, 2026

Yulan bond debuts in Dubai amid Beijing’s yuan-denominated asset push

Against a backdrop of geopolitical strains in the Middle East, the Yulan renminbi bond structure has made its debut in Dubai, garnering strong investor interest with its order book more than five times oversubscribed, as global investor appetite for yuan assets remains firm. Bank of China Dubai rang the listing bell at Nasdaq Dubai on Tuesday for its offshore bond, issued under the Yulan structure. Priced at 2 billion yuan (US$299.6 million) with a two-year tenor, the deal tightened 50 basis...

JPMAM plans more active ETFs in China after debut fund hits US$300 million cap on day one

Oct 28, 2026

JPMAM plans more active ETFs in China after debut fund hits US$300 million cap on day one

JPMorgan Asset Management (JPMAM) expects to launch more actively managed exchange-traded funds (ETFs) in mainland China after its first such fund there hit the 2 billion yuan (US$300 million) fundraising cap on the first day of sales, its China chief said. “The first launch is just an opening move in a much bigger game,” Desiree Wang, the firm’s CEO for China, said in an interview with the South China Morning Post on Tuesday. Any active strategy that suits the ETF vehicle and meets investor...

Lower feed costs to protect hog raisers from low farmgate prices - DA

Oct 28, 2026

Lower feed costs to protect hog raisers from low farmgate prices - DA

Lower feed costs will help hog raisers from low farmgate prices, the Department of Agriculture (DA) said on Wednesday after the government raised the country"s corn import quota under the minimum access volume (MAV) scheme to 500,000 metric tons (MT).

Recommended