Business
Latest Business Stories

Peso weakens further as dollar gains on allayed Fed fears

Latest Business Stories

PSEi sinks below 6,300 amid tariffs, peso travails

Latest Business Stories

DBP raises P8.25B from oversubscribed dual bond issuance

Latest Business Stories

SEC gives MSMEs up to 50% time-bound filing fee discount

Brandroom
Foreign Exchange Rate
July 17, 2025
usd
1 USD = 56.9880
Currency Peso Equivalent
jpy
JPY
0.3855
gbp
GBP
76.4779
hkd
HKD
7.2608
chf
CHF
71.1905
CAD
CAD
41.6457
SGD
SGD
44.4282
AUD
AUD
37.1847
BHD
BHD
151.1618
Currency Peso Equivalent
SAR
SAR
15.1936
BND
BND
44.2556
IDR
IDR
0.0035
JPY
THB
1.7589
AED
AED
15.5158
EUR
EUR
66.3283
KRW
KRW
0.0411
CNY
CNY
7.9403
Index Report
Market CLOSED: Jul 17, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,295.55
0.66
All Shares
3,723.14
0.67
Financials
2,179.63
0.73
Industrial
9,023.20
0.77
Holding Firms
5,417.43
1.41
Services
2,137.14
0.59
Mining and Oil
9,175.61
2.35
Property
2,364.26
0.61

Industries

SteelAsia gets ‘green lane’ status for Candelaria project

MANILA, Philippines — The Board of Investments (BOI) has granted green lane certification to the P30-billion project of major steel manufacturer SteelAsia Manufacturing Corp. in Quezon province. It is expected...

Finance

50.4% of Filipinos benefit from financial inclusion

MANILA, Philippines — The proportion of Filipinos with financial accounts slightly fell in 2024 compared with three years ago, the World Bank (WB) Group reported, highlighting the challenges of onboarding...

Consumer & Retail

Retail sales in US beat expectations with boost from autos

Retail sales in US beat expectations with boost from autos

WASHINGTON, United States — US retail sales bounced back in June, exceeding analysts’ expectations Thursday on an uptick in auto sales, as consumer patterns fluctuated…

Columns

Tourism & Transportation

Marcos clears P229-B PPP for North-South railway operations 

MANILA, Philippines — President Ferdinand Marcos Jr. has approved the public-private partnership (PPP) undertaking for the operations and maintenance (O&M) of the North-South Commuter Railway…

Foreign News

Peso weakens further as dollar gains on allayed Fed fears

MANILA, Philippines – The peso sank deeper into the 57:$1 level on Thursday, as the dollar gained strength after US President Donald Trump had said…

Economy

Trump says not firing Fed chair -- but not ruling out

WASHINGTON, United States – US President Donald Trump said Wednesday that he was not currently planning to fire Federal Reserve Chair Jerome Powell, but added…

Communications

PSEi sinks below 6,300 amid tariffs, peso travails

MANILA, Philippines — A mix of tariff uncertainties and a weakening peso dragged the local bourse below 6,300 on Thursday as investors tried to take…

Industry Movements

Explainer: 20% tax on interest income from bank deposits under CMEPA

MANILA, Philippines — Public backlash is growing over parts of the Capital Market Efficiency Promotion Act (CMEPA), particularly provisions on taxing interest from bank deposits.…

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