Business
Latest Business Stories

Meralco lowers electricity rates for June 2025 billing

Latest Business Stories

Philippines exits EU ‘high-risk’ dirty money list

Latest Business Stories

Philippines upbeat on conclusion of trade talks with US

Latest Business Stories

Qantas to close Asian budget airline Jetstar

Columns

BIZ BUZZ: Januszczak leaves UBX

Brandroom
Foreign Exchange Rate
June 10, 2025
usd
1 USD = 55.8220
Currency Peso Equivalent
jpy
JPY
0.3863
gbp
GBP
75.6444
hkd
HKD
7.1135
chf
CHF
67.9430
CAD
CAD
40.7579
SGD
SGD
43.4108
AUD
AUD
36.3680
BHD
BHD
148.0768
Currency Peso Equivalent
SAR
SAR
14.8843
BND
BND
43.2427
IDR
IDR
0.0034
JPY
THB
1.7060
AED
AED
15.1983
EUR
EUR
63.7599
KRW
KRW
0.0413
CNY
CNY
7.7763
Index Report
Market CLOSED: Jun 10, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,347.67
0.91
All Shares
3,758.50
0.74
Financials
2,330.79
1.41
Industrial
8,885.98
0.31
Holding Firms
5,465.99
0.65
Services
2,211.36
0.8
Mining and Oil
9,425.51
1.02
Property
2,241.80
1.27

Industries

Meralco lowers electricity rates for June 2025 billing

MANILA, Philippines — Manila Electric Co. (Meralco) will slash electricity rates this June by nearly 11 centavos per kilowatt hour (kWh), marking the second straight month of decreases. The electricity...

Finance

Philippines exits EU ‘high-risk’ dirty money list

MANILA, Philippines — The European Commission removed the Philippines from its list of jurisdictions with “high risk” of money laundering and terrorism financing. The EU also delisted Barbados, Gibraltar, Jamaica,...

Consumer & Retail

Consumer confidence sinks amid political drama

Consumer confidence sinks amid political drama

MANILA, Philippines — Recent political developments ahead of the recent midterm elections added to the concerns of Filipino consumers. According to the Bangko Sentral ng…

Columns

Tourism & Transportation

Toyota and Daimler to merge truck subsidiaries

TOKYO, Japan —  Shares in Hino Motors, the truck-making unit of Japanese auto giant Toyota, plunged Wednesday after it announced a merger with a subsidiary…

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

Big business group 'deeply concerned' over stalled Duterte impeachment trial

MANILA, Philippines — The Management Association of the Philippines (MAP) is “deeply concerned” over the Senate’s decision to return the Articles of Impeachment against Vice…

Communications

US stocks drift closer to record high as Wall Street awaits outcome of US-China talks

NEW YORK, United States — U.S. stocks drifted closer to their all-time high on Tuesday as the wait continued to hear what will come of…

Industry Movements

BPI upsizes ‘green’ bond issue to P 40B

. MANILA, Philippines — Bank of the Philippine Islands (BPI) was able to borrow P40 billion via its sustainability-linked bond issuance. This makes it the…

© Copyright 1997-2025 INQUIRER.net
For any security issues please contact itsec@inquirer.net

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.