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Latest Business Stories

PSEi rebounds after tariff trouble

Brandroom
Foreign Exchange Rate
April 8, 2025
usd
1 USD = 57.2970
Currency Peso Equivalent
jpy
JPY
0.3879
gbp
GBP
72.9334
hkd
HKD
7.3763
chf
CHF
66.6554
CAD
CAD
40.2366
SGD
SGD
42.3732
AUD
AUD
34.3037
BHD
BHD
152.0137
Currency Peso Equivalent
SAR
SAR
15.2613
BND
BND
42.2171
IDR
IDR
0.0034
JPY
THB
1.6503
AED
AED
15.6008
EUR
EUR
62.5397
KRW
KRW
0.0390
CNY
CNY
7.8253
Index Report
Market CLOSED: Apr 8, 2025 3:29 PM
Index
Value
Chng%
PSEi
6,006.34
3.15
All Shares
3,582.80
2.46
Financials
2,370.54
4.04
Industrial
8,438.05
3.17
Holding Firms
4,890.07
1.11
Services
1,916.38
5.51
Mining and Oil
8,714.54
1.8
Property
2,158.07
0.23

Industries

Aboitiz Equity boosts capex to P104.6B for 2025

MANILA, Philippines — Aboitiz Equity Ventures Inc. (AEV) will raise its capital expenditure this year by 37 percent mostly to expand its power segment, its main income driver, while developing...

Finance

Defiant Trump dismisses stock market's tariff plunge

WASHINGTON, United States — President Donald Trump goaded China on Friday after the US’s chief economic rival retaliated against his tariffs. Trump dismissed falling stock markets over the growing global trade...

Consumer & Retail

Gas, kerosene price rollback set April 8; diesel unchanged

Gas, kerosene price rollback set April 8; diesel unchanged

MANILA, Philippines — Motorists can see a small break from rising oil prices this week as fuel retailers will implement a rollback for gasoline and…

Budget-friendly vegetable

Columns
ALL IN THE FAMILY

Lifelong learning

Flying high

The redemption of Jacinto Ng Jr.

Placing the customer at the center

Tourism & Transportation

Aboitiz set to take over 2 regional airports

MANILA, Philippines — The Laguindingan and Bohol airports are to be turned over to the Aboitiz Group in the first half, allowing the new operator…

Foreign News

Negotiate not retaliate: Philippines open to cut tariffs on US imports

MANILA, Philippines — The Philippines is open to the possibility of bringing down the tariffs on American goods coming to the country in a bid…

Economy

US economist says White House got his tariff research 'all wrong'

WASHINGTON, United States – An economist whose work was cited by US President Donald Trump’s administration to justify sweeping tariffs has said officials misinterpreted the…

Communications

Stocks, oil recover slightly awaiting Trump's next tariffs moves

LONDON, United Kingdom – Stock markets and oil prices recovered slightly Tuesday after a huge sell-off, but analysts warned of more turmoil as US President…

Industry Movements

Veco Paper chief named FFCCCII president

MANILA, Philippines — The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) named industrialist Victor Lim as its new president. Lim was…

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