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DOTr chief commits privatization of 10 airports by 2028

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DOTr plans to build new LRT1 station in Bacoor

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Latest Business Stories

Stock investors bet on deescalation of Middle East crisis

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Fintech firm Salmon raises $88 million in fresh capital

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40 Philippine firms on Fortune's 'Southeast Asia 500' list

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Lepanto mining rides soaring gold prices

Brandroom
Foreign Exchange Rate
June 17, 2025
usd
1 USD = 56.4390
Currency Peso Equivalent
jpy
JPY
0.3900
gbp
GBP
76.6498
hkd
HKD
7.1902
chf
CHF
69.3268
CAD
CAD
41.5879
SGD
SGD
44.0895
AUD
AUD
36.8321
BHD
BHD
149.7056
Currency Peso Equivalent
SAR
SAR
15.0440
BND
BND
43.9180
IDR
IDR
0.0035
JPY
THB
1.7414
AED
AED
15.3692
EUR
EUR
65.2717
KRW
KRW
0.0416
CNY
CNY
7.8586
Index Report
Market CLOSED: Jun 17, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,369.19
0.17
All Shares
3,783.86
0.41
Financials
2,344.11
0.24
Industrial
9,109.64
1.18
Holding Firms
5,438.76
0.28
Services
2,224.82
0.22
Mining and Oil
10,055.13
0.14
Property
2,247.07
0.3

Industries

Lepanto mining rides soaring gold prices

MANILA, Philippines — Net earnings of listed mining firm Lepanto Consolidated Mining Co. soared by as much as 4,000 percent to P659 million in January to May this year from...

Finance

World Bank lifts ban on nuclear energy financing

WASHINGTON, United States — The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting...

Consumer & Retail

1M power banks recalled in US as some consumers report fires

NEW YORK, United States — More than 1.15 million power banks are under recall across the U.S. after some fires and explosions were reported by…

Columns

Tourism & Transportation

Thai Airways gets court approval to exit bankruptcy plan

BANGKOK, Thailand — A court has approved Thai Airways’ exit from its debt rehabilitation plan, launched after the flag carrier struggled to survive the collapse…

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

Philippines bracing for oil, fertilizer price shocks from Middle East crisis

MANILA, Philippines — The government is prepared to mitigate the impact of the ongoing Middle East crisis on oil and fertilizer prices in the Philippines,…

Communications

Stock investors bet on deescalation of Middle East crisis

MANILA, Philippines — Reports that Iran and Israel may deescalate their ongoing conflict gave the local bourse a boost on Tuesday. By the end of…

Industry Movements

Fintech firm Salmon raises $88 million in fresh capital

MANILA, Philippines — Financial technology firm Salmon said on Tuesday it had raised $88 million in fresh capital to help strengthen its consumer lending business.…

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