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BIZ BUZZ: Thunder for the CBK win

Latest Business Stories

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Latest Business Stories

BCDA, Capas team up to build health center in New Clark City

Latest Business Stories

Swatch profits plunge on weak China sales

Latest Business Stories

Pangilinan says TV5 to cut losses this year

Brandroom
Foreign Exchange Rate
July 17, 2025
usd
1 USD = 56.9880
Currency Peso Equivalent
jpy
JPY
0.3855
gbp
GBP
76.4779
hkd
HKD
7.2608
chf
CHF
71.1905
CAD
CAD
41.6457
SGD
SGD
44.4282
AUD
AUD
37.1847
BHD
BHD
151.1618
Currency Peso Equivalent
SAR
SAR
15.1936
BND
BND
44.2556
IDR
IDR
0.0035
JPY
THB
1.7589
AED
AED
15.5158
EUR
EUR
66.3283
KRW
KRW
0.0411
CNY
CNY
7.9403
Index Report
Market CLOSED: Jul 17, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,295.55
0.66
All Shares
3,723.14
0.67
Financials
2,179.63
0.73
Industrial
9,023.20
0.77
Holding Firms
5,417.43
1.41
Services
2,137.14
0.59
Mining and Oil
9,175.61
2.35
Property
2,364.26
0.61

Industries

Taiheiyo to complete P3.7-B Batangas cement terminal by Q2 2026

MANILA, Philippines — The local subsidiary of Japanese cement giant Taiheiyo Cement Corp. is on track to complete its P3.72-billion cement terminal in Calaca, Batangas by the second quarter of...

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

Swatch profits plunge on weak China sales

Swatch profits plunge on weak China sales

ZURICH, Switzerland — Swatch Group said Thursday that weak sales in China wiped out growth elsewhere in the first half of the year for the…

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

Peso weakens further as dollar gains on allayed Fed fears

MANILA, Philippines – The peso sank deeper into the 57:$1 level on Thursday, as the dollar gained strength after US President Donald Trump had said…

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 end at fresh records as markets shrug off tariff worries

NEW YORK, United States —A jump in US retail sales boosted US stocks and world markets Thursday even as investors mulled the US rates outlook, US…

Industry Movements

BPI bottom line rose 8% to P33B in the first semester

MANILA, Philippines — Robust lending boosted the profit of Bank of the Philippine Islands (BPI) in the first semester by 7.8 percent to P33 billion,…

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