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Energy (Oil, Electricity, Coal)

Razon power utilities cut rates in June

Energy (Oil, Electricity, Coal)

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

Headlines / Featured

PH banks cut property exposure to lowest in 6 years

Latest Business Stories

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Stock market

PSEi opened lower amid oil jitters

Latest Business Stories

Maynilad delays IPO to October

Headlines / Featured

PDIC to auction off 73 assets of closed banks

Headlines / Featured

Property firms endure condo glut

Headlines / Featured

Likely better harvest lessens rice imports

Brandroom
Foreign Exchange Rate
June 23, 2025
usd
1 USD = 57.2170
Currency Peso Equivalent
jpy
JPY
0.3904
gbp
GBP
76.7280
hkd
HKD
7.2896
chf
CHF
70.0416
CAD
CAD
41.6002
SGD
SGD
44.3887
AUD
AUD
36.7390
BHD
BHD
151.6887
Currency Peso Equivalent
SAR
SAR
15.2481
BND
BND
44.2172
IDR
IDR
0.0035
JPY
THB
1.7449
AED
AED
15.5820
EUR
EUR
65.6680
KRW
KRW
0.0417
CNY
CNY
7.9667
Index Report
Market CLOSED: Jun 23, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,218.28
1.92
All Shares
3,706.56
1.44
Financials
2,265.08
2.4
Industrial
8,940.43
1.68
Holding Firms
5,325.96
1.94
Services
2,155.76
2.57
Mining and Oil
9,952.07
3.48
Property
2,203.29
0.54

Industries

Razon power utilities cut rates in June

TAGBILARAN CITY – Primelectric Holdings Inc. (PHI), through its utilities Electric and Power Corp. (More Power), Negros Power and Bohol Light, has announced rate reductions for June 2025. In this...

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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