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PH seen to have posted solid 6% growth in Q1

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PH dollar position back to deficit in March

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Goldilocks abandons the Three Bears

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Integrated economic development

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ICTSI expands in Brazil with stake in Rio shipyard

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Foreign Exchange Rate
April 21, 2025
usd
1 USD = 56.6420
Currency Peso Equivalent
jpy
JPY
0.3994
gbp
GBP
75.3339
hkd
HKD
7.2974
chf
CHF
69.4994
CAD
CAD
40.8997
SGD
SGD
43.2085
AUD
AUD
36.1206
BHD
BHD
150.2640
Currency Peso Equivalent
SAR
SAR
15.0977
BND
BND
43.0443
IDR
IDR
0.0033
JPY
THB
1.6959
AED
AED
15.4237
EUR
EUR
64.7191
KRW
KRW
0.0399
CNY
CNY
7.7602
Index Report
Market CLOSED: Apr 21, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,138.00
0.05
All Shares
3,645.31
0.32
Financials
2,426.10
1.45
Industrial
8,706.64
0.6
Holding Firms
5,063.35
0.08
Services
1,917.04
0.58
Mining and Oil
9,944.92
3.16
Property
2,193.08
0.91

Industries

Oil firms hike prices after last week’s big-time rollback

MANILA, Philippines — After the big-time rollbacks that took effect last week, oil companies will implement a new round of price increases starting April 22 amid potential global supply issues....

Finance

Stocks waver as ECB cuts rate, Trump slams Fed chief

NEW YORK, United States — Stock markets wavered Thursday despite another interest rate cut by the European Central Bank as investors remain on edge over the fallout from President Donald Trump’s...

Consumer & Retail

Oil firms hike prices after last week’s big-time rollback

Oil firms hike prices after last week’s big-time rollback

MANILA, Philippines — After the big-time rollbacks that took effect last week, oil companies will implement a new round of price increases starting April 22…

Columns
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Flying high

Tourism & Transportation

Aramco and BYD unveil car technology alliance

SHANGHAI, China – Saudi Aramco and the Chinese electric vehicle giant BYD announced Monday an agreement to work together on what they called new-energy vehicle…

Foreign News

WTO chief says 'very concerned' as tariffs cut into global trade

GENEVA, Switzerland — Global trade is expected to plummet this year in the wake of President Donald Trump’s tariff offensive, fueling uncertainty that threatens “severe…

Economy

Gold hits record, stocks slip as Trump fuels Fed fears

HONG KONG, China – Bullion hit another record Tuesday while the dollar steadied and equities mostly fell as Donald Trump’s latest salvo against Federal Reserve…

Communications

Carl Cruz named new Globe Telecom CEO

MANILA, Philippines – Telco executive Carl Raymond Cruz has been officially named Globe Telecom Inc.’s new president and CEO. The board of directors approved the…

Industry Movements

Trump suggests he can remove Federal Reserve Chair Powell

WASHINGTON, United States — President Donald Trump attacked Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates.  Trump said he could fire…

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