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BusinessMirror, 10 Aug 2026

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Read the latest updates from the BusinessMirror, available with PressReader. Covering corporate affairs, economic trends and banking updates, the Philippines’ BusinessMirror offers detailed insights and analysis of a broad range of business topics. Get digital updates from the BusinessMirror through PressReader.

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In This Edition

ArticleDESPITE LOW GROWTH, BSP SEEN TO HIKE RATES

DESPITE the latest growth print dis­ap­point­ment, the cent­ral bank will be forced to con­tinue hik­ing rates as the Phil­ip­pine eco­nomy’s fight against infla­tion is far from over, accord­ing to ana­lysts. “The Q2 GDP dis­ap­point­ment will...

DESPITE LOW GROWTH, BSP SEEN TO HIKE RATES

ArticleHIGH WATER, HIGH SPIRITS

Heavy rains brought by the south­w­est mon­soon, or “habagat,” sub­merged parts of Cavite and forced fam­il­ies in Las Piñas to seek tem­por­ary shel­ter, while res­cuers worked to bring stran­ded res­id­ents to safety. In Kawit, Cavite, Coast Guard...

HIGH WATER, HIGH SPIRITS

ArticleH1 debt ser­vice climbs 59.7% to ₧1.227T

THE national gov­ern­ment paid P1.227 tril­lion to settle some of its debt in the first semester, more than half higher than a year earlier, as domestic debt amort­iz­a­tion doubled. Total debt ser­vice from Janu­ary to June jumped by 59.70 per­cent...

H1 debt ser­vice climbs 59.7% to ₧1.227T

ArticleNomura sees 3.8% GDP growth

NOMURA Global Mar­kets Research has cut its 2026 growth fore­cast for the Phil­ip­pines fol­low­ing a slow­down in the second quarter, as for­eign research firms see only a gradual recov­ery in the second half amid weak invest­ment and still-elev­ated...

Nomura sees 3.8% GDP growth

ArticleWHERE GROWTH MEETS OPPORTUNITY: WHY CABUYAO IS THE PLACE TO BE

FOURTEEN years after city­hood, the fast-grow­ing City of Cabuyao is invest­ing in people as much as infra­struc­ture. Home to thou­sands of registered busi­nesses and major indus­trial loc­at­ors, Cabuyao faces the chal­lenge of turn­ing com­mer­cial...

WHERE GROWTH MEETS OPPORTUNITY: WHY CABUYAO IS THE PLACE TO BE

ArticlePAX SILICA: GAME CHANGER FOR ELECTRONICS–DEPDEV CHIEF

THE Us-led Pax Silica ini­ti­at­ive could be a “game changer” for the Phil­ip­pine elec­tron­ics sec­tor if it helps attract invest­ments in more advanced semi­con­ductor man­u­fac­tur­ing and other higher-value indus­tries, Socioeco­nomic Plan­ning...

PAX SILICA: GAME CHANGER FOR ELECTRONICS–DEPDEV CHIEF

ArticlePESO EXCHANGE RATES

◼ US 60.7020 ◼ JAPAN 0.3831 ◼ UK 81.6806 ◼ HK 7.7388 ◼ CHINA 8.9906 ◼ SINGAPORE 47.3015 ◼ AUSTRALIA 42.6614 ◼ EU 69.9469 ◼ KOREA 0.0427 ◼ SAUDI ARABIA 16.1686

PESO EXCHANGE RATES