Philippine peso falls past ₱63 per US dollar to record low
The currency lost 19 centavos on October 15, closing at ₱63.06 per US dollar and marking its 27th record low of 2026.
The newest Finance stories, from every topic and country.
Page 129 of 152
The currency lost 19 centavos on October 15, closing at ₱63.06 per US dollar and marking its 27th record low of 2026.
The central bank plans to limit annual credit growth to 16 per cent and bring more export earnings into the domestic banking system.
He will complete the board’s 2024–2028 term after replacing M. Oki Ramadhana, who resigned.
Steelmakers also raised gas supply constraints, while reporting that domestic capacity utilisation remained at 43–57 per cent.
The memorandum covers five areas, including exchange-traded funds, indices and ESG products, according to SET.
Shareholders also approved Catherine Hindra Sutjahyo’s resignation from her position as deputy president director.
The Malaysian developer plans a private fund with S$6 billion in initial assets as it seeks to lower debt.
KliK Foundation is expected to purchase around US$120 million in carbon credits, but the proposal needs approval from the Thai and Swiss governments.
Financial terms remain undisclosed. Construction of the Cilegon plant was about 80 per cent complete in September 2026, ahead of a targeted 2027 commercial start.
The Indonesian company intends to use the net proceeds for working capital on engineering and construction projects, subject to shareholder approval.