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Hotel 101 debuts in Saudi Arabia

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Foreign Exchange Rate
May 29, 2025
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40.1699
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14.8147
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Index Report
Market CLOSED: May 29, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,412.81
0.2
All Shares
3,753.10
0
Financials
2,413.77
0.58
Industrial
8,940.10
0.55
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5,439.79
0.41
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2,154.34
0.5
Mining and Oil
9,612.65
1.82
Property
2,247.70
0.33

Industries

Peza posts record P1.39-billion dividend payout

MANILA, Philippines — The Philippine Economic Zone Authority (Peza) on Tuesday said it remitted P1.39 billion in dividends out of its 2024 earnings, marking its second year of contributing over...

Finance

Ayala gets SEC nod on P20-B preferred share offer

MANILA, Philippines — The Securities and Exchange Commission (SEC) has given its go signal for the P20-billion preferred share offer of Ayala Corp. In a statement on Wednesday, the regulator...

Consumer & Retail

No rice shortage during lean season, says agri department

No rice shortage during lean season, says agri department

MANILA, Philippines — The Philippines’ rice supply is expected to remain stable during the lean season following a good harvest, according to the Department of…

Columns

Tourism & Transportation

Cebu Pacific enters jet leasing business

MANILA, Philippines — Cebu Pacific, which has been beefing up its fleet, is set to lend two jets to Saudi Arabian low-cost airline Flyadeal amid…

Foreign News

Developing nations face 'tidal wave' of China debt – report

SYDNEY, Australia — The world’s poorest nations face a “tidal wave of debt” as repayments to China hit record highs in 2025, an Australian think tank…

Economy

South Korea central bank cuts key rate, slashes 2025 growth forecast

SEOUL, South Korea — South Korea’s central bank cut interest rates Thursday in a bid to cushion the export-dependent economy from US President Donald Trump’s…

Communications

US stocks retreat as Treasury bond yields climb

NEW YORK, United States — Wall Street stocks retreated Wednesday ahead of earnings from artificial intelligence titan Nvidia, with US Treasury bond yields ticking higher. Results…

Industry Movements

BCDA bids out New Clark City’s P2.5-B ICT infrastructure project

MANILA, Philippines — The Bases Conversion and Development Authority (BCDA) has started the bidding process for information and communications technology (ICT) infrastructure in New Clark…

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