Business
Brandroom
Foreign Exchange Rate
May 30, 2025
usd
1 USD = 55.7030
Currency Peso Equivalent
jpy
JPY
0.3865
gbp
GBP
75.1823
hkd
HKD
7.1034
chf
CHF
67.7076
CAD
CAD
40.3382
SGD
SGD
43.2880
AUD
AUD
35.8839
BHD
BHD
147.8003
Currency Peso Equivalent
SAR
SAR
14.8521
BND
BND
43.1205
IDR
IDR
0.0034
JPY
THB
1.7102
AED
AED
15.1664
EUR
EUR
63.3455
KRW
KRW
0.0407
CNY
CNY
7.7511
Index Report
Market CLOSED: May 30, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,341.53
1.11
All Shares
3,723.62
0.79
Financials
2,396.14
0.73
Industrial
8,924.74
0.17
Holding Firms
5,351.79
1.62
Services
2,138.33
0.74
Mining and Oil
9,788.91
1.83
Property
2,213.28
1.53

Industries

Philex infusing $1B more into Silangan mine

Philex Mining Corp. is spending about $1 billion more to develop the Silangan copper and gold project in Surigao del Norte. It is tagged as one of three large-scale mining...

Finance

Are Pinoys ready to insure love?

MANILA, Philippines — Why don’t we insure love in the same way we insure life, property or health?” That question stayed with me after watching The Divorce Insurance, a new...

Consumer & Retail

Robinsons Retail shares buy-back shows optimism on long-term growth

Robinsons Retail shares buy-back shows optimism on long-term growth

Robinsons Retail Holdings Inc. (RRHI) has bought back P15.77 billion worth of its shares from a minority shareholder, reflecting its optimism on long-term growth prospects…

Columns

Tourism & Transportation

PAL’s new jets start arriving this 2025

MANILA, Philippines — The operator of Philippine Airlines (PAL) is on track to receive additional long-range aircraft by the end of this year. This would…

Foreign News

Import contraction cuts Philippine trade deficit in April

MANILA, Philippines — The Philippines posted a smaller trade gap in April, as a stronger peso likely pulled down the country’s import bill while the…

Economy

Canada Q1 growth up but Trump tariffs starting to hurt

OTTAWA, Canada — Canada’s latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the economy as the effects of a trade…

Communications

Wall Street glides to the end of its best month since 2023

NEW YORK, United States — Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from…

Industry Movements

BIZ BUZZ: Landbank, DBP ‘Cha-cha’ on hold

MANILA, Philippines — The much-talked-about Charter changes—or “Cha-cha,” as many like to call it—for the Land Bank of the Philippines (Landbank) and the Development Bank…

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