Business
Latest Business Stories

MAP joins opposition to P200 legislated wage hike

Latest Business Stories

T-bill yields down on rate cut hopes, slowing inflation

Latest Business Stories

PSEi rises above 6,400 on trade talks

Latest Business Stories

Emperador earmarks P4B to expand whisky business

Latest Business Stories

Hotel101-Madrid tapped as F1 hotel partner

Brandroom
Foreign Exchange Rate
June 9, 2025
usd
1 USD = 55.6140
Currency Peso Equivalent
jpy
JPY
0.3841
gbp
GBP
75.2791
hkd
HKD
7.0878
chf
CHF
67.6734
CAD
CAD
40.6238
SGD
SGD
43.1417
AUD
AUD
36.1380
BHD
BHD
147.5290
Currency Peso Equivalent
SAR
SAR
14.8304
BND
BND
42.9751
IDR
IDR
0.0034
JPY
THB
1.7007
AED
AED
15.1434
EUR
EUR
63.3777
KRW
KRW
0.0409
CNY
CNY
7.7298
Index Report
Market CLOSED: Jun 9, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,406.13
0.46
All Shares
3,786.59
0.19
Financials
2,364.09
0.61
Industrial
8,914.00
0.44
Holding Firms
5,501.58
1.15
Services
2,229.22
1.15
Mining and Oil
9,523.15
3.7
Property
2,270.76
0.81

Industries

Billion-dollar battery plant pauses build amid White House uncertainty

COLUMBIA, South Carolina — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs. The firm cited “policy and...

Finance

Funds raised by PDIC from asset sales breach P400 million

MANILA, Philippines — The Philippine Deposit Insurance Corp. (PDIC) reported a 24.7 percent increase in proceeds from asset sales in 2024, augmenting the state insurer’s resources to settle the claims...

Consumer & Retail

Consumer confidence sinks amid political drama

Consumer confidence sinks amid political drama

MANILA, Philippines — Recent political developments ahead of the recent midterm elections added to the concerns of Filipino consumers. According to the Bangko Sentral ng…

Columns

Tourism & Transportation

AirAsia Move fine-tuning app amid ticket pricing probe

MANILA, Philippines — AirAsia Move is working with industry regulators in crafting plane ticket pricing guidelines after recently facing overcharging allegations. In particular, AirAsia Group’s…

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

US, China begin key trade talks in London

LONDON, United Kingdom – China and the United States began a new round of trade talks in London on Monday, Beijing’s state media reported, as…

Communications

PSEi rises above 6,400 on trade talks

MANILA, Philippines – The local bourse rose past the 6,400 level on Monday as traders cheered the resumption of trade talks between two of the…

Industry Movements

UnionDigital poised to be a pickier lender

MANILA, Philippines — UnionDigital Bank will be pickier in granting loans to maintain the improvement in its asset quality while also growing its client base.…

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