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Latest Business Stories

China retail sales beat forecast despite trade war tensions

Latest Business Stories

Remittances grew 4% in April

Latest Business Stories

Close to P2/liter hike in oil prices set for June 17

Latest Business Stories

Aboitiz takes over Bohol-Panglao International Airport

Brandroom
Foreign Exchange Rate
June 16, 2025
usd
1 USD = 55.9950
Currency Peso Equivalent
jpy
JPY
0.3880
gbp
GBP
75.9348
hkd
HKD
7.1338
chf
CHF
69.0189
CAD
CAD
41.1849
SGD
SGD
43.6847
AUD
AUD
36.3072
BHD
BHD
148.5081
Currency Peso Equivalent
SAR
SAR
14.9201
BND
BND
43.5149
IDR
IDR
0.0034
JPY
THB
1.7299
AED
AED
15.2454
EUR
EUR
64.6014
KRW
KRW
0.0410
CNY
CNY
7.7930
Index Report
Market CLOSED: Jun 16, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,358.58
0.58
All Shares
3,768.45
0.44
Financials
2,349.82
0.51
Industrial
9,003.29
0.23
Holding Firms
5,423.66
1.19
Services
2,220.04
0.09
Mining and Oil
10,040.84
1.58
Property
2,240.33
1.19

Industries

Philippine mines set for gains amid uncertainty from Trump’s tariffs

MANILA, Philippines — The local mining sector is poised to gain from the uncertainty surrounding America’s sweeping tariffs. This, although the industry is on its toes for potential risks caused...

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

Dizon, Aguda topbill EJAP infrastructure forum on June 16

MANILA, Philippines — The Economic Journalists Association of the Philippines (EJAP), the country’s premier organization of business journalists, will hold its annual Infrastructure Forum on…

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

China factory output slumps but consumption offers bright spot

BEIJING, China – China’s factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in…

Communications

Consumer firms on investors’ radar in face of tariff war

MANILA, Philippines – The country’s improving macroeconomic backdrop is making consumer-focused firms investors’ best bet in the next 12 months, albeit with a warning that…

Industry Movements

Dizon, Aguda topbill EJAP infrastructure forum on June 16

MANILA, Philippines — The Economic Journalists Association of the Philippines (EJAP), the country’s premier organization of business journalists, will hold its annual Infrastructure Forum on…

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