Business
Headlines / Featured

PH credit card, salary loans hit record highs

Headlines / Featured

Moody’s: PH faces lower China export pressure

Headlines / Featured

SMC’s NMIA runway seen ready in ’28  

Headlines / Featured

Court affirms rules on passenger insurance

Business Insights
Foreign Exchange Rate
June 8, 2026
usd
1 USD = 61.5070
Currency Peso Equivalent
jpy
JPY
0.3839
gbp
GBP
82.0134
hkd
HKD
7.8510
chf
CHF
77.2216
CAD
CAD
44.1259
SGD
SGD
47.7058
AUD
AUD
43.1964
BHD
BHD
163.1485
Currency Peso Equivalent
SAR
SAR
16.3822
BND
BND
47.5214
IDR
IDR
0.0034
JPY
THB
1.8747
AED
AED
16.7476
EUR
EUR
70.8069
KRW
KRW
0.0394
CNY
CNY
9.0614
Index Report
Market CLOSED: Jun 8, 2026 3:58 PM
Index
Value
Chng%
PSEi
5,879.41
0.99
All Shares
3,302.31
0.96
Financials
1,782.44
1.93
Industrial
8,294.94
0.78
Holding Firms
4,285.37
1.03
Services
3,086.61
0.12
Mining and Oil
16,902.72
4.04
Property
1,821.84
1.29

Industries

Mindanao grid placed under yellow alert after strong quake

MANILA, Philippines – The National Grid Corp. of the Philippines (NGCP) has put the Mindanao grid under yellow alert on Wednesday following the impact of the strong magnitude 7.8 earthquake...

Finance

PSEi recovers on lower oil prices, calmer geopolitical outlook

MANILA, Philippines – Local stocks bounced back on Tuesday as investors welcomed signs of easing conflict in the Middle East, which helped pull down global oil prices and improve risk...

Consumer & Retail

Jollibee says employees safe after Mindanao quake

MANILA, Philippines – Fast-food giant Jollibee Foods Corp. said all of its team members in General Santos City had been accounted for and were safe following…

Columns
ALL IN THE FAMILY

The Church and AI

Pope Leo on AI 

Do awards motivate business?

Michelin and the family restaurant

Tourism & Transportation

PAL, CebPac cancel all GenSan flights until June 11

Updated at 9:00 p.m. on June 8, 2026 MANILA, Philippines – Philippine Airlines (PAL) and Cebu Pacific (CebPac) canceled all flights to and from General…

Foreign News

Moody’s: PH faces lower China export pressure

MANILA, Philippines – The Philippines is among the least vulnerable Association of Southeast Asian Nations (Asean) economies to mounting competitive pressures from Chinese exports, with most…

Economy

War seen posing ‘manageable’ risk to PH financial stability

MANILA, Philippines – The war in the Middle East presents a meaningful but manageable risk to the Philippines’ financial stability, a central bank-led group said, noting…

Communications

PLDT preps data center unit for $400-M REIT IPO by Q4

MANILA, Philippines – PLDT Inc. is targeting a fourth-quarter listing of its data center assets under a real estate investment trust (REIT), in a deal…

Industry Movements

BancNet earnings climb on digital payments boom, assets top P2B

MANILA, Philippines – BancNet Inc. saw its profits rise by nearly 12 percent in 2025 despite its continued investments in payments infrastructure, with its total…

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