http://www.gmanetwork.com/news/money/ GMA News Online RSS Feed - Money / Economy Section en-us Copyright 2026 GMA Network and www.gmanetwork.com/news. Unauthorized use and/or duplication of this material without express and written permission from this site's owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to GMA Network and GMA News Online with appropriate and specific direction to the original content. Fri, 07 Aug 2026 19:54:45 +0800 tag:gmanetwork.com:news_story-997727 https://www.gmanetwork.com/news/money/economy/997727/peso-down-but-stays-at-p60-to-a-dollar-level/story/
The Philippine peso continued its downtrend for the second straight day on Friday, but remained within the P60-to-one dollar level, weighed by the weak economic growth data for the second quarter of 2026.]]> Fri, 07 Aug 2026 18:12:16 +0800 ]]> tag:gmanetwork.com:news_story-997704 https://www.gmanetwork.com/news/money/economy/997704/ph-foreign-reserves-down-to-103-4b-in-july-bsp-data/story/
The Philippines" gross international reserves (GIR) declined in July due to the central bank"s foreign exchange operations to stabilize the peso and the national government"s foreign currency withdrawals to settle external debt.]]> Fri, 07 Aug 2026 15:56:43 +0800 ]]> tag:gmanetwork.com:news_story-997697 https://www.gmanetwork.com/news/money/economy/997697/philippines-debt-burden-balloons-to-33-year-high-at-66-in-h1-2026/story/
The Philippines concluded the first half of 2026 with a debt burden ballooning to a level last seen before the 1997 Asian Financial Crisis amid a record-high sovereign debt coupled with weaker economic growth during the period.]]> Fri, 07 Aug 2026 14:56:57 +0800 ]]> tag:gmanetwork.com:news_story-997671 https://www.gmanetwork.com/news/money/economy/997671/ph-economy-grows-slower-at-2-3-in-q2-2026/story/
PH economy grows slower at 2.3% in Q2 2026]]> Fri, 07 Aug 2026 10:12:56 +0800 ]]> tag:gmanetwork.com:news_story-997665 https://www.gmanetwork.com/news/money/economy/997665/fuel-oil-price-rollback/story/
Motorists should expect a sigh of relief as pump prices are expected to go down big-time in the coming week.]]> Fri, 07 Aug 2026 09:25:22 +0800 ]]> tag:gmanetwork.com:news_story-997650 https://www.gmanetwork.com/news/money/economy/997650/proposed-hormuz-passage-deal-not-feasible-for-shipping-industry-sources-say/story/
A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to US sanctions and insurance clauses.]]> Fri, 07 Aug 2026 00:50:54 +0800 ]]> tag:gmanetwork.com:news_story-997624 https://www.gmanetwork.com/news/money/economy/997624/dict-seeks-p18-billion-budget-for-2027-plans-egovai/story/
The Department of Information and Communications Technology (DICT) will request about P18 billion in funding under the proposed P7.2-trillion national budget for 2027.]]> Thu, 06 Aug 2026 20:46:05 +0800 ]]> tag:gmanetwork.com:news_story-997621 https://www.gmanetwork.com/news/money/economy/997621/dotr-fare-hikes-remain-suspended/story/
Transportation Secretary Giovanni “Banoy” Lopez on Thursday announced that the fare hike suspension approved in March remains.]]> Thu, 06 Aug 2026 19:31:38 +0800 ]]> tag:gmanetwork.com:news_story-997619 https://www.gmanetwork.com/news/money/economy/997619/world-bank-flags-ph-s-highest-electricity-rates-in-asean/story/
Electricity rates in the Philippines stand among the highest in ASEAN and the broader region, a structural disadvantage for businesses and a heavy burden on households, the World Bank said.]]> Thu, 06 Aug 2026 19:21:21 +0800 ]]> tag:gmanetwork.com:news_story-997618 https://www.gmanetwork.com/news/money/economy/997618/peso-weakens-but-stays-at-p60-1-level/story/
The Philippine peso depreciated against the US dollar on Thursday, albeit still within the P60-to-one dollar level, amid anticipation of a softer second quarter economic performance.]]> Thu, 06 Aug 2026 19:06:02 +0800 ]]> tag:gmanetwork.com:news_story-997596 https://www.gmanetwork.com/news/money/economy/997596/ph-agri-output-grows-2-9-in-q2-2026/story/
The agriculture and fisheries sector"s total value of production in the April to June period stood at P452.22 billion, up 2.9% year-on-year.]]> Thu, 06 Aug 2026 17:12:46 +0800 ]]> tag:gmanetwork.com:news_story-997593 https://www.gmanetwork.com/news/money/economy/997593/forbes-2026-richest-filipinos-enrique-razon-jr-tops-list-dethrones-sy-siblings/story/
Business publication Forbes on Thursday released its list of the richest persons in the Philippines for 2026, with ports and casino magnate Enrique Razon Jr. topping the roster, taking over from the Sy siblings, heirs of retail tycoon Henry Sy Jr., as the country"s wealthiest.]]> Thu, 06 Aug 2026 16:53:20 +0800 ]]> tag:gmanetwork.com:news_story-997585 https://www.gmanetwork.com/news/money/economy/997585/pax-silica-bcda-no-data-centers-tarlac/story/
The Bases Conversion and Development Authority (BCDA) on Thursday said the proposed United States-led Pax Silica initiative site in New Clark City, Tarlac would not be housing massive data centers to cater to the booming artificial intelligence (AI) sector. ]]> Thu, 06 Aug 2026 15:58:42 +0800 ]]> tag:gmanetwork.com:news_story-997583 https://www.gmanetwork.com/news/money/economy/997583/tucp-asks-navotas-court-to-junk-new-petition-blocking-p85-ncr-wage-hike/story/
The Trade Union Congress of the Philippines (TUCP) has filed an urgent motion to intervene at the Navotas Regional Trial Court (RTC) to junk a new petition seeking to block the P85 wage hike in the National Capital Region. ]]> Thu, 06 Aug 2026 15:46:13 +0800 ]]> tag:gmanetwork.com:news_story-997542 https://www.gmanetwork.com/news/money/economy/997542/unemployment-rate-rose-to-4-9-in-june-2026-psa/story/
Unemployment rate rose to 4.9% in June 2026 --PSA]]> Thu, 06 Aug 2026 09:49:22 +0800 ]]>