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Meralco rates down by P0.1637 per kWh for January
Lower transmission charges pushed Manila Electric Company’s (Meralco) power rates down by P0.1637 per kilowatt-hour (kWh) in January 2026, the Pangilinan-led utility said Monday. The cut marks the second straight month of lower rates and reduces the monthly bill of…
Central bank extends by 2 years single borrower’s limit for green projects
The Bangko Sentral ng Pilipinas (BSP) has extended for two years its regulatory incentives that allow banks to increase sustainable lending beyond the Single Borrower’s Limit (SBL). Under the policy,…
DBM bans politicians from cash aid distribution under 2026 GAA
The 2026 General Appropriations Act (GAA) stops politicians from joining the distribution of cash assistance by government agencies, according to Department of Budget and Management (DBM) acting Secretary Rolly Toledo…
Global trade growth forecast to slow to 2.2% in 2026
Global trade growth is projected to slow to 2.2 percent in 2026 after outperforming expectations in the previous year, as front-loading effects fade and tariffs become more entrenched, according to…
$1.5-trilion US defense spending pushes defense stock prices
Global defense stocks rose on Thursday after US President Donald Trump called for a $1.5 trillion defense budget for 2027 late Wednesday. “After the long and difficult negotiations with Senators,…
EDITOR’S CHOICE
| Currency | Price | Previous Close | Changes |
|---|---|---|---|
 UAE Dirham | 0.0634 | 0.0635 | -0.09% |
 Australian Dollar | $0.0244 | 0.0244 | -0.07% |
 Canadian Dollar | $0.0235 | 0.0235 | -0.06% |
 Renminbi | ¥0.1193 | 0.1194 | -0.1% |
 Euro | €0.0146 | 0.0146 | – |
 British Pound | £0.0127 | 0.0127 | -0.05% |
 Hong Kong Dollar | $0.135 | 0.1351 | -0.1% |
 Japanese Yen | ¥2.6378 | 2.6392 | -0.05% |
 South Korean Won | ₩24.8908 | 24.9112 | -0.08% |
 Saudi Riyal | ﷼0.0648 | 0.0648 | -0.09% |
 Singapore Dollar | $0.0218 | 0.0218 | -0.13% |
 US Dollar | $0.0173 | 0.0173 | -0.09% |
 Philippine Peso | |||
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