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Antitrust agency sets higher thresholds for deal clearance

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Start of a new era for Conti’s

Latest Business Stories

DoubleDragon to buy 35% of MerryMart in P1.28-B deal

Latest Business Stories

GMA Network profit down 35% in 2024 on weak ad revenues

Latest Business Stories

SSI earnings down 2.7% in 2024 but Q4 sales hit record high

Brandroom
Foreign Exchange Rate
April 15, 2025
usd
1 USD = 57.0320
Currency Peso Equivalent
jpy
JPY
0.3991
gbp
GBP
75.2252
hkd
HKD
7.3539
chf
CHF
70.0381
CAD
CAD
41.0953
SGD
SGD
43.3769
AUD
AUD
36.0385
BHD
BHD
151.3508
Currency Peso Equivalent
SAR
SAR
15.1980
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BND
43.2126
IDR
IDR
0.0034
JPY
THB
1.7009
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AED
15.5278
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EUR
64.7826
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KRW
0.0402
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7.8030
Index Report
Market CLOSED: Apr 15, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,186.10
0.66
All Shares
3,646.65
0.52
Financials
2,394.29
0.77
Industrial
8,744.34
1.3
Holding Firms
5,139.55
0.62
Services
1,964.65
0.39
Mining and Oil
9,571.98
0.04
Property
2,218.99
0.28

Industries

Meralco eyes more long-term projects under renewed franchise

MANILA, Philippines — The Manila Electric Co. (Meralco), the power distributor of billionaire Manuel V. Pangilinan, has committed to invest more in energy projects after President Marcos signed the law...

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

Store closures slash Max’s profit to P419M in 2024

Store closures slash Max’s profit to P419M in 2024

MANILA, Philippines — Expenses from store closures cut the 2024 earnings of restaurant chain Max’s Group Inc.  by 13.8 percent to P419 million. In its…

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

China's economy beats Q1 forecasts ahead of Trump's 'Liberation Day'

BEIJING, China — China said Wednesday its economy topped forecasts in the first quarter, as exporters rushed to shift goods ahead of swinging US tariffs,…

Communications

Asian stocks struggle again as Nvidia chip curb warning pops calm

HONG KONG, China — Asian stocks swung Wednesday after Nvidia’s announcement of new US licensing rules on shipments of its new chip to China rattled…

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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