Business
Headlines / Featured

BTr: Gov’t debt service burden lightened in March

Columns

BIZ BUZZ: Abby better

Headlines / Featured

Globe earnings in first quarter rose 3% to P7B

Headlines / Featured

RCR sees room to take more Robinson Land assets

Brandroom
Foreign Exchange Rate
May 9, 2025
usd
1 USD = 55.5690
Currency Peso Equivalent
jpy
JPY
0.3809
gbp
GBP
73.6456
hkd
HKD
7.1486
chf
CHF
66.9506
CAD
CAD
39.9117
SGD
SGD
42.7618
AUD
AUD
35.5530
BHD
BHD
147.4409
Currency Peso Equivalent
SAR
SAR
14.8156
BND
BND
42.5979
IDR
IDR
0.0034
JPY
THB
1.6839
AED
AED
15.1303
EUR
EUR
62.4040
KRW
KRW
0.0396
CNY
CNY
7.6700
Index Report
Market CLOSED: May 9, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,458.20
1.08
All Shares
3,762.85
0.6
Financials
2,487.83
0.89
Industrial
9,113.00
0.66
Holding Firms
5,428.09
2.75
Services
2,077.88
0.34
Mining and Oil
9,380.79
1.55
Property
2,257.06
0.08

Industries

Meralco ‘on full alert’ for stable power on election day

MANILA, Philippines — Manila Electric Co. (Meralco), the country’s largest power distributor, will be “on full alert” to ensure uninterrupted electricity supply during the nationwide elections on May 12, Monday....

Finance

PSEi rides wave from US-UK trade deal notice

MANILA, Philippines — The announcement of a trade deal between the United States and the United Kingdom elated investors on the last trading day of the week. This generated enough...

Consumer & Retail

URC earnings dip but core income up 4%

URC earnings dip but core income up 4%

MANILA, Philippines — Lower foreign exchange gains resulted in a 2-percent decline in the first-quarter earnings of Universal Robina Corp. (URC) to P4.3 billion, offsetting…

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

Philippine government urged to form a trade industrial council

MANILA, Philippines — The government must form a trade industrial council to help shield local industries from the ripple effects of global trade tensions, according…

Economy

Philippines' Q1 growth ‘may be as good as it gets’ for ʼ25, economist says

MANILA, Philippines – The softer-than-expected economic growth in the first quarter was not entirely a letdown, but that might be the best kind of expansion…

Communications

Globe earnings in first quarter rose 3% to P7B

MANILA, Philippines – Globe Telecom Inc. saw tempered bottom line growth in the first quarter as the Ayala-backed telco grappled with a challenging market environment,…

Industry Movements

Bank lending expands by 11.8% in March

MANILA, Philippines — Bank lending remained robust in March but its growth was the slowest in four months, although analysts said the ongoing interest rate-cutting…

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