Business
Stock market

Bargain hunt pushes PSEi past 6,400

Brandroom
Foreign Exchange Rate
May 23, 2025
usd
1 USD = 55.6370
Currency Peso Equivalent
jpy
JPY
0.3863
gbp
GBP
74.7094
hkd
HKD
7.1092
chf
CHF
67.1134
CAD
CAD
40.1422
SGD
SGD
43.0560
AUD
AUD
35.6633
BHD
BHD
147.6174
Currency Peso Equivalent
SAR
SAR
14.8373
BND
BND
42.8901
IDR
IDR
0.0034
JPY
THB
1.6958
AED
AED
15.1480
EUR
EUR
62.7752
KRW
KRW
0.0403
CNY
CNY
7.7209
Index Report
Market CLOSED: May 23, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,413.10
1.71
All Shares
3,746.79
1.04
Financials
2,404.04
2.38
Industrial
8,967.57
0.42
Holding Firms
5,478.40
1.81
Services
2,107.89
0.45
Mining and Oil
9,497.78
0.65
Property
2,258.12
2.32

Industries

NGCP gets green light for 2 projects worth P32 billion

MANILA, Philippines — The National Grid Corporation of the Philippines (NGCP) has secured a nod from the regulator to pursue its two infrastructure projects meant to boost the grid system....

Finance

InLife wraps up acquisition of Generali Philippines

MANILA, Philippines — Insular Life Assurance Co., Ltd. (InLife) on Friday said it has completed its acquisition of 100 percent of Generali Life Assurance Philippines. This marks a key milestone...

Consumer & Retail

60-day price freeze in Samar as San Juanico rehab triggers ‘state of calamity’

60-day price freeze in Samar as San Juanico rehab triggers ‘state of calamity’

MANILA, Philippines — The Department of Trade and Industry (DTI) on Friday said that a 60-day price freeze has been imposed on the whole province…

Columns
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Tourism & Transportation

InDrive firms up presence in Metro Manila; makes inroads to other regions

MANILA, Philippines — InDrive Philippines is targeting to grow the number of its driver partners by 30 percent to 40 percent this year. The ride-hailing…

Foreign News

Japan's exports slow in April as Trump's tariffs dent shipments to US

TOKYO, Japan — Japan’s exports to the United States, its largest single trading partner, fell nearly 2 percent in April as tariff hikes imposed by…

Economy

Eurozone business activity contracts in May

BRUSSELS, Belgium — Business activity in the eurozone contracted for the first time in five months in May, weighed down by weakness in the services…

Communications

GMA sues Jalosjos, TAPE execs for estafa

MANILA, Philippines — GMA Network Inc. has sued current and former executives of Television and Production Exponents Inc. (TAPE) for allegedly misappropriating funds amounting to…

Industry Movements

Bangko Sentral ng Pilipinas sees at least two more rate cuts in 2025

MANILA, Philippines — The Bangko Sentral ng Pilipinas expects to reduce its benchmark interest by at least twice more this year. It currently stands at…

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