Business
Brandroom
Foreign Exchange Rate
May 28, 2025
usd
1 USD = 55.3970
Currency Peso Equivalent
jpy
JPY
0.3840
gbp
GBP
74.8635
hkd
HKD
7.0678
chf
CHF
67.0422
CAD
CAD
40.1224
SGD
SGD
42.9934
AUD
AUD
35.6978
BHD
BHD
146.9923
Currency Peso Equivalent
SAR
SAR
14.7694
BND
BND
42.8272
IDR
IDR
0.0034
JPY
THB
1.6915
AED
AED
15.0834
EUR
EUR
62.7870
KRW
KRW
0.0403
CNY
CNY
7.6989
Index Report
Market CLOSED: May 28, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,425.80
0.64
All Shares
3,753.10
0.47
Financials
2,427.87
1.46
Industrial
8,890.88
0.28
Holding Firms
5,461.90
0.27
Services
2,143.68
0.76
Mining and Oil
9,790.77
0.02
Property
2,255.06
0.25

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

Argentina raises $1B in peso-denominated bond issuance

BUENOS AIRES, Argentina — Argentina’s government said Wednesday it had raised $1 billion in a peso-denominated bond issuance, signaling confidence by international investors in the…

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

Nvidia earnings beat expectations despite US export controls

SAN FRANCISCO, United States — Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less…

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