Your daily market briefing

Gold price in Philippines: Rates on September 15 FXStreet

MANILA, Philippines — Local stocks snapped a two-day decline on Monday as bargain hunters returned, though geopolitical tensions and rising bond yields kept investors on edge. The benchmark Philippine Stock Exchange Index (PSEi) rose 0.22 percent, or 13.26 points, to close at 6,075.07. READ: Oman says Strait of Hormuz talks with Iran, Gulf states postponed Luis

VST ECS Phils., Inc., the country’s leading ICT distributor, is expanding its enterprise technology portfolio through a new partnership with Akamai Technologies, the cloud and security company that powers and protects businesses online. The appointment strengthens VST ECS’s portfolio with advanced cybersecurity and cloud capabilities, giving its channel partners and customers broader access to enterprise-grade […]

MREIT, Inc. has secured Securities and Exchange Commission (SEC) approval for its P27-billion Wave 5 property-for-share swap, allowing the real estate investment trust (REIT) to proceed with the transaction. The REIT of Megaworld Corp. said in a statement on Tuesday that the asset infusion would bring its assets under management to about P122 billion upon […]

Investors have gone on a selling spree over worries that the Philippine economy would struggle to post respectable growth in the third quarter due to currency and inflation risks.

MANILA, Philippines — Moody’s Corp. is set to acquire a minority stake in Philippine Rating Services Corp. (PhilRatings), marking the first investment by a global credit rating agency in a domestic debt watchdog. The investment will be made through Moody’s Ratings, one of the world’s three major credit rating agencies, although the terms of the transaction

MANILA, Philippines — An American defense tech startup is preparing to ramp up production in the Philippines, its first and only manufacturing base so far, where it plans to quadruple monthly output of motors used in defense drones, robotics and other applications. California-based Atlas Motion Systems currently produces about 10,000 motors a month at its manufacturing

DOMINION Holdings, Inc. (DHI) shareholders have approved the company’s merger with Indophil Resources Phils., Inc. and Sonar Holdings Inc., a transaction that would give the listed holding company control of Sagittarius Mines, Inc. (SMI), which holds the Financial and Technical Assistance Agreement covering the Tampakan copper-gold project in South Cotabato. The merger was approved during […]

MANILA, Philippines — The Bureau of Customs (BOC) has established a bonded facility for imported Jet A-1 fuel for international flights, creating a mechanism for eligible carriers and fuel suppliers to avail of tax incentives under the CREATE MORE Act. Under Customs Administrative Order No. 03-2026, the BOC said the bonded Jet A-1 Fuel Facility (JAFF)

Philippines’ Agatha Wong targets Asian Games wushu gold while studying medicine Modern Ghana

THE DEPARTMENT of Finance’s (DoF) proposal to hike taxes on sugary drinks, alcohol, and tobacco could raise prices of these products by around 30% and push inflation well beyond the central bank’s target ceiling in 2027, Chinabank Research said. In a report on Wednesday, Chinabank Research said the National Government’s (NG) proposed sin taxes, if […]

ECONOMIC GROWTH likely took a hit in the third quarter as persistent rains disrupted work and classes but could rebound in the fourth quarter as infrastructure spending accelerates, Economy Secretary Arsenio M. Balisacan said. “This month, and in the previous three weeks, there’s a lot of suspension because of the habagat (southwest monsoon). Of course […]

A possible interest rate hike in the United States is putting the Bangko Sentral ng Pilipinas next move in focus, with analysts offering differing views on whether further tightening is needed and how soon it should come.

The Philippine economy is expected to grow at a faster pace in the fourth quarter as weather disturbances weighing on overall economic activity in the current quarter, according to the Department of Economy, Planning and Development.

FILIPINO financial technology (fintech) firm BCRemit is looking to scale its services and expand in other markets after surpassing $1 billion in processed cross-border transfers. The remittance service company plans to extend its cross-border settlement capabilities beyond retail transfers to serve small- and medium-sized enterprises (SMEs), business process outsourcing (BPO) firms, and freelancers, while offering […]

PHILIPPINE BUSINESSES adopting artificial intelligence (AI) tools must prioritize maintaining trusted, high-quality data and human oversight to ensure informed decision-making, CIBI Information, Inc. said. CIBI President and Chief Executive Officer Pia Arellano said that while modern digital tools, especially those powered by AI, can process data at a higher scale, these cannot guarantee better decisions. […]

Shares succumbed to the pressure as the peso continues to weaken near the 63 to $1 level, pulling the local stock market nearer 6,000.

MANILA, Philippines — The Philippine peso extended its record-breaking slide on Monday as expectations for higher interest rates from major central banks boosted the dollar. The peso weakened 18 centavos to 62.86 per dollar, surpassing the previous record-low close of 62.68 set on Sept. 11. The currency touched 62.875 intraday before paring losses. READ: Peso skids

VENICE — The 83rd Venice Film Festival ended on Saturday. Here is a list of all the main award winners. Golden Lion: Woman Unknown, directed by May el-Toukhy (Denmark, Sweden, Latvia production) Silver Lion Grand Jury Prize: Possible Love, directed by Lee Chang-dong (South Korea) Best Director: Ilya Khrzhanovsky for DAU (Germany, France, Sweden) Best […]

Oil is well past $80. Now economic managers must decide on tax relief

THE GOVERNMENT made a partial award of the dual-tranche Treasury bonds (T-bonds) it offered on Tuesday, rejecting all bids for the shorter tenor, as yields jumped due to rising oil prices amid the worsening conflict in the Middle East. The Bureau of the Treasury (BTr) raised just P6.032 billion via its dual-tenor T-bond offer, below […]

MANILA, Philippines — An increase in excise tax on sweetened beverages, alcohol and tobacco could push inflation to as high as 4.5 percent in 2027, adding to price pressures as the country continues to grapple with the oil shock fallout. This is according to Chinabank Research’s latest commentary, which said the tax increases proposed by the

Ib Vogt Breaks Ground On Luca Solar Power Plant In The Philippines megaproject.com

Here are the estimated new oil price range for September 15 to 21, 2026.

THE MANUFACTURERS Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has appointed Erica Jurilla Santos as its new chief operations officer to help strengthen the company’s customer service and distribution. Philippinemarket insights The appointment took effect on Sept. 15, the insurer said in a statement. Ms. Santos will focus on strengthening service, operational performance, digital adoption, […]

The Bangko Sentral ng Pilipinas is using online job postings and artificial intelligence in research aimed at estimating unemployment ahead of official data releases and detecting shifts in demand for workers across industries.

The Philippines is bringing its largest delegation to this year’s China-ASEAN Expo, in line with its aim to grow exports, according to the Center for International Trade Expositions and Missions.

The Department of Agriculture and the Philippine Space Agency have entered into a five-year agreement to improve the country’s agricultural data.

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits rose further on Wednesday even as the offer was oversubscribed, as higher oil prices and the peso’s depreciation strengthened the case for further monetary policy tightening. Demand for the seven-day term deposit facility (TDF) reached P137.579 billion, exceeding the P120 billion placed on the auction […]

Dollar's allure, oil surge fan bearish bets on emerging Asian currencies: Reuters poll Reuters

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday, even as yields continued to climb due to growing inflation worries following a surge in global oil prices and a weakening peso amid the Middle East conflict. The Bureau of the Treasury (BTr) raised the planned P42 billion from the […]

Local retailers again raised fuel prices by as much as P5.68 per liter on Sept. 15. Gasoline went up by P5.68, diesel by P4.31 and kerosene by P4.62. Energy Secretary Sharon Garin also said Dubai oil prices had surpassed the threshold to trigger a possible suspension of the fuel excise. Acording to Rino Abad, director

Alternergy taps Philippine debt market with USD-32m green bond sale Renewables Now

FUEL PRICES could rise further in the coming weeks as the intensifying conflict in the Middle East keeps global oil markets under pressure, analysts said, as Filipino motorists brace for another increase of more than P4 per liter this week.

ib vogt breaks ground on Luca solar power plant in the Philippines Energy Global

EU Trade Chief Sefcovic to Visit Manila to Finalise Philippines Trade Deal indexbox.io

EU trade chief to visit Manila to finalise Philippines trade deal euronews.com

Gold price in Philippines: Rates on September 16 fxstreet.com

OIL PRICE WATCH as of Sept. 15, 2026 Inquirer.net

EU plans final Philippines trade deal push with Šefčovič in Manila next week MLex

MANILA, Philippines — Budget carrier Cebu Pacific flew more than 2.1 million passengers in August, up 1.9 percent from a year earlier, as resilient domestic travel helped offset weaker international traffic ahead of the peak holiday season. On Tuesday, the Gokongwei-led airline said in a disclosure that domestic traffic remained the main growth driver in August,

MANILA, Philippines — The Philippines’ weak social insurance system is leaving households more vulnerable to falling back into poverty when they face economic shocks such as disasters and the fallout from the Middle East war, Socioeconomic Planning Secretary Arsenio Balisacan said. Speaking to the Inquirer, Balisacan said more than half of the country’s population lives just

MANILA, Philippines — Alternergy Holdings Corp., a listed renewable energy company, is making its debut in the debt market to raise P2 billion, as it rolls out more clean power facilities. The company on Wednesday said its board of directors had given the go-ahead to issue green fixed-rate notes worth P2 billion. READ: Alternergy inks

MANILA, Philippines — Geopolitical tensions, cyberattacks and global supply chain disruptions are among the key risks financial institutions are watching closely, a central bank-led government group said. The risks were identified in the annual Survey of Salient Risks by the Financial Stability Coordination Council (FSCC), which gathers views on threats that could affect the financial system

MANILA, Philippines — Motorists will see another hefty price hike of up to P5.68 per liter for petroleum products this week. In an advisory, the Department of Energy said gasoline prices would be costlier by P5.68 per liter beginning Tuesday. READ: Another fuel price hike seen next week Diesel will also increase by P4.31 per liter,

NAGOYA, Japan — How big are the Asian Games? Well, they are larger in numbers than the Summer Olympics, which gives you an idea of the magnitude and logistics. READ: Follow Inquirer Sports’ special coverage of the Aichi-Nagoya Asian Games 2026 The Paris Olympics in 2024 involved 10,700 athletes. The Asian Games 2026 will open Saturday in Nagoya, Japan, with more than 11,000 athletes signed up. The number may be much larger as organizers have acknowledged a last-minute crush of athletes and officials attending. This has put pressure on available housing. The Asian Games were first held in 1951 in New Delhi, […]... Keep on reading: Asian Games are bigger than Olympics–at least in athlete numbers

The Global Gender Gap Report 2026, published by the World Economic Forum (WEF) on Wednesday, reveals that gender parity worldwide is closer than ever — standing at 69.2%. However, the Geneva-based nonprofit warned that full parity may still be 120 years away and that the progress made so far remains “fragile.” The report, which looked at gender parity across workforce participation, education, health and politics in 145 economies, found that women now occupy senior leadership positions in government and business at levels that were rare globally when the index began in 2006. Yet, while women’s presence at the top of politics has grown since the […]... Keep on reading: WEF report: Progress on gender equality remains 'fragile'

The Philippines is looking to deepen trade and investment ties with its ASEAN neighbors as it pushes regional cooperation to support supply chains, emerging industries and digital businesses.

Asian Games: Team Philippines set target of eight gold medals ESPN

MANILA, Philippines — Grab is deepening its push into financial services with a $1.49-billion deal to acquire a controlling stake in Atome Financial, the Singapore-based buy now, pay later (BNPL) fintech that operates in the Philippines and four other Southeast Asian markets. On Tuesday, Grab said it would acquire a 60-percent equity interest in Atome Financial