Business
Latest Business Stories

PSEi retreats as Israel-Iran conflict rises

Headlines / Featured

Biz groups cheer right of way, foreign lease reforms

Brandroom
Foreign Exchange Rate
June 18, 2025
usd
1 USD = 56.5790
Currency Peso Equivalent
jpy
JPY
0.3896
gbp
GBP
75.9969
hkd
HKD
7.2078
chf
CHF
69.3115
CAD
CAD
41.3740
SGD
SGD
44.0030
AUD
AUD
36.6406
BHD
BHD
150.0769
Currency Peso Equivalent
SAR
SAR
15.0809
BND
BND
43.8325
IDR
IDR
0.0035
JPY
THB
1.7377
AED
AED
15.4065
EUR
EUR
64.9697
KRW
KRW
0.0410
CNY
CNY
7.8719
Index Report
Market CLOSED: Jun 18, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,337.43
0.5
All Shares
3,772.79
0.29
Financials
2,304.06
1.71
Industrial
9,150.28
0.45
Holding Firms
5,415.15
0.43
Services
2,219.52
0.24
Mining and Oil
9,899.69
1.55
Property
2,246.02
0.05

Industries

Motorists will get fuel subsidies due to Mideast tension – Marcos

Updated @ 3:12 p.m., June 18, 2025 MANILA, Philippines — Fuel subsidies will be provided to motorists amid the ongoing tension in the Middle East, President Ferdinand Marcos Jr. vowed...

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 boosts pilot training as fleet expands

MANILA, Philippines —  The joint venture between Cebu Pacific and Canada-based simulation technology developer CAE Inc. will deploy another full-flight simulator (FFS) next year to…

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

PSEi retreats as Israel-Iran conflict rises

MANILA, Philippines — The Philippine Stock Exchange Index (PSEi) retreated on Wednesday as anxious investors reacted to escalating conflict in the Middle East. This also…

Industry Movements

Digital bank in Europe eyes entry into Philippine market

MANILA, Philippines — A European digital bank is at the initial stage of clearing regulatory hurdles before it can finally enter the Philippine market, a…

© Copyright 1997-2025 INQUIRER.net
For any security issues please contact itsec@inquirer.net

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.