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SEC gives MSMEs up to 50% time-bound filing fee discount

Latest Business Stories

RCBC raises P12B from ‘sustainability bond’ sale

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Foreign Exchange Rate
July 16, 2025
usd
1 USD = 56.7480
Currency Peso Equivalent
jpy
JPY
0.3813
gbp
GBP
75.9685
hkd
HKD
7.2294
chf
CHF
70.8111
CAD
CAD
41.3645
SGD
SGD
44.1550
AUD
AUD
36.9486
BHD
BHD
150.5332
Currency Peso Equivalent
SAR
SAR
15.1312
BND
BND
43.9839
IDR
IDR
0.0035
JPY
THB
1.7515
AED
AED
15.4504
EUR
EUR
65.8447
KRW
KRW
0.0409
CNY
CNY
7.9025
Index Report
Market CLOSED: Jul 16, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,337.48
1.89
All Shares
3,748.25
1.55
Financials
2,195.62
1.8
Industrial
9,093.46
1.53
Holding Firms
5,494.93
2.51
Services
2,149.75
1.7
Mining and Oil
9,396.37
2.65
Property
2,378.79
2.28

Industries

SteelAsia gets ‘green lane’ status for Candelaria project

MANILA, Philippines — The Board of Investments (BOI) has granted green lane certification to the P30-billion project of major steel manufacturer SteelAsia Manufacturing Corp. in Quezon province. It is expected...

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

DigiPlus shares fall 20% amid online gambling ban worries

MANILA, Philippines — DigiPlus Interactive Corp. emerged as the biggest loser in the stock market on Wednesday as it suffered one of its worst bloodbaths…

Columns

Tourism & Transportation

Marcos clears P229-B PPP for North-South railway operations 

MANILA, Philippines — President Ferdinand Marcos Jr. has approved the public-private partnership (PPP) undertaking for the operations and maintenance (O&M) of the North-South Commuter Railway…

Foreign News

Peso slides to 57:$1 as dollar bulls bet on cautious Fed

MANILA, Philippines – The peso retreated to the 57-level on Wednesday to hit its weakest finish in almost a month, succumbing to the dollar bulls…

Economy

Trump says not firing Fed chair -- but not ruling out

WASHINGTON, United States – US President Donald Trump said Wednesday that he was not currently planning to fire Federal Reserve Chair Jerome Powell, but added…

Communications

US stocks finish higher as markets gyrate on Powell firing fears

NEW YORK, United States — Wall Street stocks finished higher Wednesday, overcoming a mid-session swoon after US President Donald Trump denied plans to fire Federal…

PSEi rallies above 6,500

Industry Movements

RCBC raises P12B from 'sustainability bond' sale

MANILA, Philippines — Yuchengco-led Rizal Commercial Banking Corp. has raised P12.21 billion from its latest offering of peso-denominated sustainability bonds. The bonds due 2028 –…

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