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PH banks cut property exposure to lowest in 6 years

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Property firms endure condo glut

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Likely better harvest lessens rice imports

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Middle East conflict may delay next rate cut

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Malampaya group starts drilling for ‘Phase 4’

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Stock market

PSEi opened lower amid oil jitters

Latest Business Stories

Maynilad delays IPO to October

Energy (Oil, Electricity, Coal)

Investors brace for spike in oil prices after US bombs Iran sites

Headlines / Featured

PDIC to auction off 73 assets of closed banks

Brandroom
Foreign Exchange Rate
June 20, 2025
usd
1 USD = 57.3270
Currency Peso Equivalent
jpy
JPY
0.3942
gbp
GBP
77.1851
hkd
HKD
7.3030
chf
CHF
70.2537
CAD
CAD
41.8415
SGD
SGD
44.5881
AUD
AUD
37.1135
BHD
BHD
151.9804
Currency Peso Equivalent
SAR
SAR
15.2782
BND
BND
44.4154
IDR
IDR
0.0035
JPY
THB
1.7510
AED
AED
15.6111
EUR
EUR
65.9031
KRW
KRW
0.0416
CNY
CNY
7.9765
Index Report
Market CLOSED: Jun 20, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,339.77
0.27
All Shares
3,760.56
0.49
Financials
2,320.88
0.35
Industrial
9,092.82
0.84
Holding Firms
5,431.19
0.23
Services
2,212.51
0.05
Mining and Oil
10,311.35
5.34
Property
2,215.33
1.64

Industries

Investors brace for spike in oil prices after US bombs Iran sites

NEW YORK — A US attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors said. They assessed how the latest escalation of tensions...

Finance

PSEi opened lower amid oil jitters

MANILA, Philippines —The Philippine Stock Exchange index (PSEi) opened the trading week in the red. Traders retreated amid the conflict arising between Israel and Iran. The benchmark PSEi slid by...

Consumer & Retail

Agriculture dep't puts off suggested price cap on rice amid oil woes

Agriculture dep't puts off suggested price cap on rice amid oil woes

MANILA, Philippines — The Department of Agriculture (DA) is delaying the reduction of the maximum suggested retail price (MSRP) for imported rice next month. This…

Columns

Tourism & Transportation

Flying soon: PAL’s new flagship carrier

TOULOUSE, France—The future of flying, according to flag carrier Philippine Airlines (PAL), is deploying a fleet of modern aircraft that conserves aviation fuel and elevates…

Foreign News

No respite for Philippine peso as it slumps to 57 level

MANILA, Philippines — The Philippine peso on Thursday sank to its weakest level in almost three months, retreating to the 57 level as the US…

Economy

Philippines' dollar deficit persisted in May

MANILA, Philippines – The Philippines posted a balance of payments (BOP) deficit for the third straight month in May, with outflows stemming from foreign debt…

Communications

Maynilad delays IPO to October

MANILA, Philippines — Maynilad Water Services Inc. gave investors more time to prepare for its P37.41-billion initial public offering (IPO). The company is delaying its…

Industry Movements

Moody’s: Ties with conglomerates boon, bane for Philippine banks

MANILA, Philippines – Having ownership ties with conglomerates could be a double-edged sword for Philippine banks, whose asset quality could significantly deteriorate if these large…

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