Business
Latest Business Stories

Power rate hikes loom as NGCP cleared to recoup P28.3B

Latest Business Stories

PSEi ends Holy Week trading in the red

Latest Business Stories

Store closures slash Max’s profit to P419M in 2024

Latest Business Stories

60-year low: Wine consumption falls heavily into the red

Latest Business Stories

Antitrust agency sets higher thresholds for deal clearance

Brandroom
Foreign Exchange Rate
April 16, 2025
usd
1 USD = 56.9760
Currency Peso Equivalent
jpy
JPY
0.3980
gbp
GBP
75.3906
hkd
HKD
7.3448
chf
CHF
69.2633
CAD
CAD
40.8079
SGD
SGD
43.2062
AUD
AUD
36.0943
BHD
BHD
151.2022
Currency Peso Equivalent
SAR
SAR
15.1843
BND
BND
43.0430
IDR
IDR
0.0034
JPY
THB
1.6982
AED
AED
15.5125
EUR
EUR
64.2974
KRW
KRW
0.0399
CNY
CNY
7.7888
Index Report
Market CLOSED: Apr 16, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,134.62
0.83
All Shares
3,656.99
0.28
Financials
2,391.55
0.11
Industrial
8,758.83
0.17
Holding Firms
5,067.27
1.41
Services
1,928.17
1.86
Mining and Oil
9,640.09
0.71
Property
2,213.28
0.26

Industries

Power rate hikes loom as NGCP cleared to recoup P28.3B

MANILA, Philippines — Electricity charges are bound to further rise as the Energy Regulatory Commission (ERC) has allowed the country’s grid operator to recover P28.29 billion in project costs. This...

Finance

ADB approves $1.45-B final financing for Malolos-Clark Railway

MANILA, Philippines — The Asian Development Bank (ADB) announced on Wednesday that it had approved the second and final tranche of financing for the Malolos-Clark Railway Project (MCRP). The last...

Consumer & Retail

Heineken beer sales dip, tariffs add to uncertainty

Heineken beer sales dip, tariffs add to uncertainty

AMSTERDAM, Netherlands — Heineken said Wednesday its beer sales were down in the first quarter but kept profit forecasts for the year unchanged despite noting…

Columns
ALL IN THE FAMILY

‘Pawternity’ leave

Lifelong learning

Flying high

The redemption of Jacinto Ng Jr.

Tourism & Transportation

Boeing faces fresh crisis with US-China trade war

NEW YORK, United States — US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn into…

Foreign News

Trump considers pausing his auto tariffs

WASHINGTON, DC — President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector,…

Economy

UK inflation slows ahead of Trump tariffs

LONDON, United Kingdom — Britain’s annual inflation rate fell more than expected in March, official data showed Wednesday, handing a boost to the Labour government…

Communications

PSEi ends Holy Week trading in the red

MANILA, Philippines — Investors opted to pocket gains and shed their stocks ahead of the Holy Week break. By the end of the session on…

Industry Movements

Nvidia expects $5.5-B hit as US targets chips sent to China

SAN FRANCISCO, United States — Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing requirement…

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