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Mixed fuel price changes expected next week

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5 years on, Universal Health Care law still far from goal

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Latest Business Stories

RFM first semester profit rises 19% to P773M

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CIC profit up 15% to P355M in second quarter

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Belle nets P779M in first semester

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SEC sues Easypeso operators for abusive collection

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GSIS expands areas for emergency loan program in Luzon

Brandroom
Foreign Exchange Rate
July 25, 2025
usd
1 USD = 56.6650
Currency Peso Equivalent
jpy
JPY
0.3853
gbp
GBP
76.5657
hkd
HKD
7.2190
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CHF
71.2498
CAD
CAD
41.5341
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SGD
44.3562
AUD
AUD
37.3422
BHD
BHD
150.3569
Currency Peso Equivalent
SAR
SAR
15.1050
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BND
44.1832
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IDR
0.0035
JPY
THB
1.7581
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AED
15.4278
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EUR
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KRW
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Index Report
Market CLOSED: Jul 25, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,413.18
0.48
All Shares
3,796.87
0.3
Financials
2,252.93
0.7
Industrial
9,149.94
0.33
Holding Firms
5,476.28
0.07
Services
2,236.07
0.12
Mining and Oil
9,411.98
1.12
Property
2,377.56
1.21

Industries

CIC profit up 15% to P355M in second quarter

MANILA, Philippines — Concepcion Industrial Corporation (CIC) grew its attributable net profit by 15 percent to P355.4 million in the second quarter on the back of robust refrigeration and appliance...

Finance

50.4% of Filipinos benefit from financial inclusion

MANILA, Philippines — The proportion of Filipinos with financial accounts slightly fell in 2024 compared with three years ago, the World Bank (WB) Group reported, highlighting the challenges of onboarding...

Consumer & Retail

PH gaming revenues reach P215B in H1

PH gaming revenues reach P215B in H1

The Philippine gambling industry saw its revenues soar by 25.7 percent year-on-year in the first half, the Philippine Amusement and Gaming Corp. (Pagcor) reported on…

Columns

Tourism & Transportation

Uber invests $300M in Lucid Motors in robotaxi push

NEW YORK, United States — Ride-hailing giant Uber announced Thursday it will acquire $300 million worth of shares in US electric vehicle maker Lucid Motors. This…

Foreign News

Seeing the bright side of 19% tariff on PH exports to US

MANILA, Philippines — The newly negotiated 19-percent tariff on Philippine exports to the United States is seen to enhance the country’s position as an investment…

Economy

Philippines' budget deficit widened in June

MANILA, Philippines – The government’s budget deficit widened by 16 percent year-on-year in June to P241.6 billion, sending the total fiscal shortfall in the first…

Communications

DigiPlus sets sights on South Africa, accelerates global expansion

MANILA, Philippines – DigiPlus Interactive Corp. has unveiled plans to expand to South Africa, marking the next phase of its international growth strategy following its…

Industry Movements

Trump, Fed chief Powell bicker during tense central bank visit

WASHINGTON, United States — Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting Thursday. The president toured the central bank…

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