Business
Brandroom
Foreign Exchange Rate
May 15, 2025
usd
1 USD = 55.7960
Currency Peso Equivalent
jpy
JPY
0.3805
gbp
GBP
74.0022
hkd
HKD
7.1492
chf
CHF
66.2660
CAD
CAD
39.9313
SGD
SGD
42.8870
AUD
AUD
35.8768
BHD
BHD
148.0196
Currency Peso Equivalent
SAR
SAR
14.8762
BND
BND
42.7228
IDR
IDR
0.0033
JPY
THB
1.6725
AED
AED
15.1912
EUR
EUR
62.3688
KRW
KRW
0.0397
CNY
CNY
7.7397
Index Report
Market CLOSED: May 15, 2025 3:59 PM
Index
Value
Chng%
PSEi
6,466.86
1.3
All Shares
3,768.44
0.8
Financials
2,421.43
2.97
Industrial
9,164.25
0.29
Holding Firms
5,478.70
0.54
Services
2,131.22
0.4
Mining and Oil
8,903.61
3.34
Property
2,272.20
2.46

Industries

Nickel miners upbeat as Supreme Court stops Mindoro ban

MANILA, Philippines — The Philippine Nickel Industry Association (PNIA) welcomed the Supreme Court’s decision to nullify the mining ban imposed by Occidental Mindoro as it clarifies the jurisdiction between local...

Finance

Peaceful polls push up PSEi

MANILA, Philippines — A “generally peaceful” midterm elections propelled the Philippine Stock Exchange Index (PSEi) toward one of its highest closing values this year. By the end of the session...

Consumer & Retail

US retail sales little changed, signs of pullback after pre-tariff rush

US retail sales little changed, signs of pullback after pre-tariff rush

WASHINGTON, United States — Retail sales in the United States were near-flat in April, government data showed Thursday, with indications that spending is slowing after…

Columns

Tourism & Transportation

MacroAsia profit surges 21% to P313.9 million

MANILA, Philippines — MacroAsia Corp. served more in-flight meals and had stable ground-handling operations in the first quarter of 2025. This resulted in a 21-percent…

Foreign News

Overseas Filipinos' March remittance growth slowest in 9 months

MANILA, Philippines — Money sent home by Filipinos abroad posted the softest growth in nine months in March, after a seasonal slowdown in such inflows…

Economy

Global anxiety dampens Philippine prospects for 2025

MANILA, Philippines — The Marcos administration could temper its macroeconomic goal this year to account for the impact of global trade uncertainties in the near-term.…

Communications

PSEi falls below 6,500 sans fresh catalyst

MANILA, Philippines — The local stock barometer tumbled below the 6,500 level on Thursday as investors again opted to book gains while waiting for catalysts.…

Industry Movements

Tech spending in Philippines seen to grow 9.4% this year

MANILA, Philippines — Technology spending in the Philippines is estimated to increase by 9.4 percent this year as the country allocates more budget for cybersecurity…

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