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Biz groups cheer right of way, foreign lease reforms

Latest Business Stories

US stocks drop on growing worries over Middle East

Latest Business Stories

PNB logs more than P200B in trust assets under management

Latest Business Stories

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Latest Business Stories

Malacañang mulls over fully funding Kadiwa centers

Energy (Oil, Electricity, Coal)

Brazil auctions off several Amazon oil sites despite protests

Brandroom
Foreign Exchange Rate
June 17, 2025
usd
1 USD = 56.4390
Currency Peso Equivalent
jpy
JPY
0.3900
gbp
GBP
76.6498
hkd
HKD
7.1902
chf
CHF
69.3268
CAD
CAD
41.5879
SGD
SGD
44.0895
AUD
AUD
36.8321
BHD
BHD
149.7056
Currency Peso Equivalent
SAR
SAR
15.0440
BND
BND
43.9180
IDR
IDR
0.0035
JPY
THB
1.7414
AED
AED
15.3692
EUR
EUR
65.2717
KRW
KRW
0.0416
CNY
CNY
7.8586
Index Report
Market CLOSED: Jun 17, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,369.19
0.17
All Shares
3,783.86
0.41
Financials
2,344.11
0.24
Industrial
9,109.64
1.18
Holding Firms
5,438.76
0.28
Services
2,224.82
0.22
Mining and Oil
10,055.13
0.14
Property
2,247.07
0.3

Industries

Motorists will get fuel subsidies due to Mideast tension – Marcos

MANILA, Philippines — Fuel subsidies will be provided to motorists amid the ongoing tension in the Middle East, President Ferdinand Marcos Jr. vowed on Wednesday. In an ambush interview in...

Finance

World Bank lifts ban on nuclear energy financing

WASHINGTON, United States — The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting...

Consumer & Retail

1M power banks recalled in US as some consumers report fires

NEW YORK, United States — More than 1.15 million power banks are under recall across the U.S. after some fires and explosions were reported by…

Columns

Tourism & Transportation

Cebu Pacific, CAE cue third flight simulator

MANILA, Philippines — Cebu Pacific and CAE Inc. are expanding their training partnership in the Philippines. The low-cost carrier and the Canadian simulation technology developer are…

Foreign News

DA extends issuance of fish import permit till June

MANILA, Philippines — Tight importation schedules and supply issues prompted the Department of Agriculture (DA) to extend the issuance of fish import permits to June.…

Economy

American retail sales slide after a spring surge to beat tariffs

WASHINGTON — Retail sales fell sharply in May as consumers pulled back from a spending surge early this year. The rush was to get ahead…

Communications

Asian shares are mixed and oil prices rise amid Iran-Israel crisis

HONG KONG — Asian shares were mixed and oil prices advanced Wednesday after the escalation of conflict in the Middle East hit Wall Street. US…

Industry Movements

Fintech firm Salmon raises $88 million in fresh capital

MANILA, Philippines — Financial technology firm Salmon said on Tuesday it had raised $88 million in fresh capital to help strengthen its consumer lending business.…

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