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Dennis Uy of Davao loses Cebu casino license

Latest Business News

SEC OKs rental pool of 2 Cebu Landmasters firms

Aviation

PAL begins Cebu-Guam service

Latest Business News

MREIT oks P16.22-B fresh asset infusion

Latest Business News

Philodrill seeks renewal of West Linapacan oil exploration

Headlines

Philippine banks pare real estate exposure

Brandroom
Foreign Exchange Rate
December 18, 2025
usd
1 USD = 58.6450
Currency Peso Equivalent
jpy
JPY
0.3767
gbp
GBP
78.4553
hkd
HKD
7.5369
chf
CHF
73.7302
CAD
CAD
42.5457
SGD
SGD
45.4436
AUD
AUD
38.7174
BHD
BHD
155.5611
Currency Peso Equivalent
SAR
SAR
15.6358
BND
BND
45.2683
IDR
IDR
0.0035
JPY
THB
1.8647
AED
AED
15.9669
EUR
EUR
68.8610
KRW
KRW
0.0398
CNY
CNY
8.3244
Index Report
Market CLOSED: Dec 18, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,031.48
0.78
All Shares
3,446.96
0.36
Financials
2,034.98
0.34
Industrial
8,659.91
0.44
Holding Firms
4,710.15
0.92
Services
2,400.87
0.32
Mining and Oil
14,283.24
0.4
Property
2,245.43
1.62

Industries

Philodrill seeks renewal of West Linapacan oil exploration

MANILA, Philippines — The Philodrill Corp. is seeking to renew and expand oil exploration activities in West Linapacan gas field as its Service Contract (SC) 14C2 in Palawan approaches its expiry....

Finance

PSEi up on bargain-hunting, firmer peso

MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) posted modest gains on Wednesday as investors picked up cheap stocks, with the slight strengthening of the peso lifting market sentiment.  The...

Consumer & Retail

Dennis Uy of Davao loses Cebu casino license

Dennis Uy of Davao loses Cebu casino license

MANILA, Philippines —PH Resorts Group Holdings Inc. (PHR), led by Davao-based businessman Dennis Uy, is dropping its casino bid after the Philippine Amusement and Gaming…

Columns
ALL IN THE FAMILY

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Michelin and the family restaurant

Tourism & Transportation

PAL begins Cebu-Guam service

CEBU, Philippines – Flag carrier Philippine Airlines (PAL) launched the first-ever nonstop flights between Cebu and Guam on Dec. 16, offering direct service linking Central…

Foreign News

US stocks rise, dollar retreats as Fed tone less hawkish than feared

NEW YORK, United States — Wall Street stocks rose and the dollar retreated Wednesday after the Federal Reserve cut interest rates again as it seeks to…

Economy

IMF cuts growth outlook for Philippines

MANILA, Philippines — The International Monetary Fund trimmed its growth outlook for the Philippines, citing the toll of an ongoing corruption scandal on the economy, compounded…

Communications

Twin Fed, BSP rate cuts lift Philippine stocks

MANILA, Philippines — The local stock barometer regained its momentum on Thursday, thanks to the twin interest rate cuts by the US Federal Reserve and the…

Industry Movements

BPI BanKo to merge with Legazpi Savings, creating 6th largest thrift bank

MANILA, Philippines — Bank of the Philippine Islands is set to merge thrift bank subsidiaries BPI Direct BanKo Inc. and Legazpi Savings Bank Inc., creating the…

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