The Philippine peso may not always maintain a strong stance, as seen in recent weeks, and is expected to depreciate in the coming months, eventually trading at 45 against the U.S. dollar by year-end, according to analysts.

The 40 richest people in the Philippines saw their wealth grow over US$13 billion to US$47.4 billion this year, thanks to a booming remittance-driven economy that outperformed most of the country's neighbors, according to the latest issue of Forbes Asia.

Global credit watchers may not grant the Philippines an investment-grade rating “any time soon” as the country needs to show further improvements in economic growth, according to DBS Group.

The Philippines' aviation regulator announced Wednesday a ban on local airlines overbooking flights, following an outcry from would-be passengers who had been denied seats.

BDO Unibank, the Philippines' largest lender, launched a record US$1 billion rights offer Tuesday, as it looks to boost its capital base to comply with new global banking rules due to come into effect.

The Philippine economy grew by a faster-than-expected 6.4 percent in the first quarter, officials said Thursday, and fuelling optimism that one of Asia's longtime laggards is on the rise.

Investments in the Philippines' mining industry fell 35 percent last year after the government stopped issuing new permits, officials said Monday.

Filipino consumers buried in credit card debt may have their worries eased should talks between the Bangko Sentral ng Pilipinas (BSP or the Central Bank of the Philippines) and banks on a relief system prosper.

Philippine oil refining giant Petron Corp. said Monday it had taken control of Exxon Mobil's downstream industries in Malaysia for a total of US$577.3 million.

During an in-depth interview with AFP at the presidential palace, Aquino pointed to a host of economic indicators to justify his enthusiasm, while displaying a relish for bare-knuckled political fights against his opponents.