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Latest Business Stories

Meralco lowers electricity rates for June 2025 billing

Latest Business Stories

Philippines exits EU ‘high-risk’ dirty money list

Latest Business Stories

Philippines upbeat on conclusion of trade talks with US

Latest Business Stories

Qantas to close Asian budget airline Jetstar

Columns

BIZ BUZZ: Januszczak leaves UBX

Brandroom
Foreign Exchange Rate
June 11, 2025
usd
1 USD = 55.7620
Currency Peso Equivalent
jpy
JPY
0.3850
gbp
GBP
75.2899
hkd
HKD
7.1054
chf
CHF
67.7793
CAD
CAD
40.7915
SGD
SGD
43.3507
AUD
AUD
36.3624
BHD
BHD
147.9098
Currency Peso Equivalent
SAR
SAR
14.8683
BND
BND
43.1828
IDR
IDR
0.0034
JPY
THB
1.7131
AED
AED
15.1820
EUR
EUR
63.7081
KRW
KRW
0.0409
CNY
CNY
7.7587
Index Report
Market CLOSED: Jun 11, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,381.32
0.53
All Shares
3,776.19
0.47
Financials
2,331.54
0.03
Industrial
8,971.66
0.96
Holding Firms
5,515.68
0.91
Services
2,227.29
0.72
Mining and Oil
9,475.57
0.53
Property
2,261.41
0.88

Industries

Meralco lowers electricity rates for June 2025 billing

MANILA, Philippines — Manila Electric Co. (Meralco) will slash electricity rates this June by nearly 11 centavos per kilowatt hour (kWh), marking the second straight month of decreases. The electricity...

Finance

Philippines exits EU ‘high-risk’ dirty money list

MANILA, Philippines — The European Commission removed the Philippines from its list of jurisdictions with “high risk” of money laundering and terrorism financing. The EU also delisted Barbados, Gibraltar, Jamaica,...

Consumer & Retail

Nintendo's Switch 2 scores record early sales

Nintendo's Switch 2 scores record early sales

TOKYO, Japan — The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first…

Columns

Tourism & Transportation

Toyota and Daimler to merge truck subsidiaries

TOKYO, Japan —  Shares in Hino Motors, the truck-making unit of Japanese auto giant Toyota, plunged Wednesday after it announced a merger with a subsidiary…

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

Big business group 'deeply concerned' over stalled Sara Duterte impeachment trial

MANILA, Philippines — The Management Association of the Philippines (MAP) is “deeply concerned” over the Senate’s decision to return the Articles of Impeachment against Vice…

Communications

US stocks drift closer to record high as Wall Street awaits outcome of US-China talks

NEW YORK, United States — U.S. stocks drifted closer to their all-time high on Tuesday as the wait continued to hear what will come of…

Industry Movements

Nintendo's Switch 2 scores record early sales

TOKYO, Japan — The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first…

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