Business
Latest Business Stories

Higher Trump tariff spooks Philippine stock market

Latest Business Stories

Philippine exports to America face 20% Trump tariff

Investments

FDI net inflow rises 7.1% in April

Brandroom
Foreign Exchange Rate
July 10, 2025
usd
1 USD = 56.5710
Currency Peso Equivalent
jpy
JPY
0.3867
gbp
GBP
76.8913
hkd
HKD
7.2071
chf
CHF
71.2930
CAD
CAD
41.3440
SGD
SGD
44.1961
AUD
AUD
36.9691
BHD
BHD
150.1234
Currency Peso Equivalent
SAR
SAR
15.0836
BND
BND
44.0241
IDR
IDR
0.0035
JPY
THB
1.7316
AED
AED
15.4027
EUR
EUR
66.3238
KRW
KRW
0.0412
CNY
CNY
7.8773
Index Report
Market CLOSED: Jul 10, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,463.20
0.63
All Shares
3,812.46
0.14
Financials
2,223.71
1.1
Industrial
9,142.09
0.8
Holding Firms
5,648.70
0.75
Services
2,209.57
1.18
Mining and Oil
9,417.70
2.42
Property
2,472.65
0.31

Industries

Caltex sets up to P0.50 new oil price hikes starting July 10

MANILA, Philippines — Chevron Philippines Inc., the marketer of Caltex brand, will impose higher pump prices of up to 50 centavos per liter beginning Thursday. In an advisory on Wednesday, the...

Finance

Property momentum, measured optimism and PSEi retreat

Here’s a recap of last week’s market activity from First Metro Securities. Property news REIT. Ayala Land Inc. (ALI) raised P489.4 million from the sale of 12 million AREIT shares...

Consumer & Retail

BIZ BUZZ: Ayala gets a second wind in retailing

BIZ BUZZ: Ayala gets a second wind in retailing

MANILA, Philippines – The country’s oldest conglomerate had shied away from retailing for years. After unloading its interest in the likes of Burger King, Wellworth…

Columns

Tourism & Transportation

AirAsia Philippines hopes to get 10-20 more aircraft

MANILA, Philippines — Malaysia-based Capital A Berhad is eyeing to beef up AirAsia Philippines’ fleet with 10 to 20 more aircraft over the next five…

Foreign News

Anwar Ibrahim warns Southeast Asia trade war not a 'passing storm'

KUALA LUMPUR, Malaysia — Malaysian Prime Minister Anwar Ibrahim warned Wednesday that global trade is being weaponized. He said this as Southeast Asia’s foreign ministers…

Economy

Philippine jobless rate eased to 3.9% in May - PSA

MANILA, Philippines – The proportion of unemployed Filipinos declined in May even as the number of job seekers reached an all-time high, as the new…

Communications

Higher Trump tariff spooks Philippine stock market

MANILA, Philippines — The local stock barometer retreated below 6,400 after spending most of Thursday in positive territory as investors priced in the United States’…

Industry Movements

UK invests $191 million in Eutelsat, Starlink's European rival

LONDON, United Kingdom — Britain will invest 163 million euros ($191 million) in European satellite firm Eutelsat, a rival to Elon Musk’s Starlink, the Elysee Palace…

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