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Flood control scam a risk for PH to return to FATF gray list
The controversy surrounding alleged corruption in government flood control projects could put the Philippines at risk of being placed back on the Financial Action Task Force’s (FATF) gray list, according to the country’s central bank chief. “To be honest, we…
PH government liabilities rise to record P17.71 trillion
The Philippine government’s total liabilities climbed to a record-high P17.71 trillion as of end-2025, reflecting increased borrowing to support development initiatives. Despite the rise, the Bureau of the Treasury (BTr)…
BSP chief sees interbank repurchase market surpassing FX market in 2026
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said momentum in the interbank repurchase (repo) market is accelerating rapidly, calling the uptake “very promising” and projecting it will overtake…
BSP to conduct monthly business expectation survey conduct starting Q1 2026
DUMAGUETE CITY – The move to change the frequency of the Bangko Sentral ng Pilipinas’ (BSP) expectation surveys will start this year, initially with the business expectation survey (BES) to be…
5 percent GDP growth possible in third quarter this year
The early release of funds to local government units and expectations of manageable inflation are expected to support at least 5 percent growth in the domestic economy as early as…
EDITOR’S CHOICE
| Currency | Price | Previous Close | Changes |
|---|---|---|---|
 UAE Dirham | 0.0634 | 0.0632 | +0.33% |
 Australian Dollar | $0.0244 | 0.0243 | +0.45% |
 Canadian Dollar | $0.0235 | 0.0234 | +0.28% |
 Renminbi | ¥0.1194 | 0.1188 | +0.45% |
 Euro | €0.0145 | 0.0145 | 0.29% |
 British Pound | £0.0127 | 0.0126 | 0.11% |
 Hong Kong Dollar | $0.1351 | 0.1346 | +0.35% |
 Japanese Yen | ¥2.6406 | 2.6297 | +0.41% |
 South Korean Won | ₩24.9045 | 24.8285 | +0.31% |
 Saudi Riyal | ﷼0.0648 | 0.0646 | +0.33% |
 Singapore Dollar | $0.0218 | 0.0217 | +0.28% |
 US Dollar | $0.0173 | 0.0172 | +0.33% |
 Philippine Peso | |||
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