Business
Corporate earnings

Jollibee first-quarter earnings down 8%

Headlines / Featured

BOC urged to scrap de minimis rule

Columns

BIZ BUZZ: DBP Cha-cha vetoed

Headlines / Featured

New perks for carmakers being finalized

Brandroom
Foreign Exchange Rate
May 13, 2025
usd
1 USD = 55.6250
Currency Peso Equivalent
jpy
JPY
0.3750
gbp
GBP
73.2804
hkd
HKD
7.1395
chf
CHF
65.7506
CAD
CAD
39.8004
SGD
SGD
42.5821
AUD
AUD
35.4331
BHD
BHD
147.5934
Currency Peso Equivalent
SAR
SAR
14.8306
BND
BND
42.4197
IDR
IDR
0.0034
JPY
THB
1.6624
AED
AED
15.1447
EUR
EUR
61.6993
KRW
KRW
0.0393
CNY
CNY
7.7176
Index Report
Market CLOSED: May 13, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,566.82
1.68
All Shares
3,805.33
1.13
Financials
2,521.48
1.35
Industrial
9,238.14
1.37
Holding Firms
5,534.23
1.96
Services
2,129.31
2.47
Mining and Oil
9,255.33
1.34
Property
2,264.13
0.31

Industries

Meralco cuts power rates for May 2025 billing cycle

MANILA, Philippines — Manila Electric Co.’s (Meralco) electricity rates have dropped by 75 centavos per kilowatt hour (kWh) this month on lower charges from the spot market and independent power...

Finance

Wanted: Manager of Philippine payment system operators

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) wants to appoint a manager who will oversee the operations of entities handling the country’s critical payment systems, in a bid...

Consumer & Retail

BOC urged to scrap de minimis rule

BOC urged to scrap de minimis rule

MANILA, Philippines — A local trade association of retailers has formally petitioned the Bureau of Customs (BOC) to scrap the de minimis rules on imported…

Columns

Tourism & Transportation

Cebu Pacific banks on travel frenzy to lift 2025 profit

Budget airline Cebu Pacific is placing its bets on demand for affordable flights to propel growth this year after posting lower earnings in the first…

Foreign News

US, China agree to slash tariffs in trade war de-escalation

GENEVA, Switzerland — The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a trade war that…

Economy

US, China hail 'substantial progress' after trade talks in Geneva

GENEVA, Switzerland — The United States and China on Sunday said progress had been made after a weekend of talks aimed at de-escalating trade tensions…

Communications

Markets rally after China and US slash tariffs for 90 days

HONG KONG, China — Stocks rallied Monday after Chinese and US officials made “substantial progress” at trade talks in Geneva and slashed their tit-for-tat tariffs…

Industry Movements

Bangko Sentral to ease rules on Islamic banking

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) wants to relax the regulations covering Islamic banking to support the sector. This is seen as…

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