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Philippine unemployment rate rises to 3.9% in March

Columnists

BIZ BUZZ: Marcos connection

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Foreign Exchange Rate
May 6, 2025
usd
1 USD = 55.5440
Currency Peso Equivalent
jpy
JPY
0.3865
gbp
GBP
73.8569
hkd
HKD
7.1670
chf
CHF
67.5143
CAD
CAD
40.1794
SGD
SGD
43.0908
AUD
AUD
35.9036
BHD
BHD
147.3707
Currency Peso Equivalent
SAR
SAR
14.8101
BND
BND
42.9243
IDR
IDR
0.0034
JPY
THB
1.6862
AED
AED
15.1226
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EUR
62.8703
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KRW
0.0404
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CNY
7.6386
Index Report
Market CLOSED: May 6, 2025 3:58 PM
Index
Value
Chng%
PSEi
6,418.69
0.93
All Shares
3,746.12
0.72
Financials
2,458.45
0.17
Industrial
8,989.78
0.65
Holding Firms
5,387.18
0.55
Services
2,048.16
3.52
Mining and Oil
9,705.38
2.63
Property
2,300.97
0.06

Industries

Texas Instruments eyes expansion opportunities in Philippines

MANILA, Philippines — Trade Secretary Ma.Cristina Roque recently held talks with global semiconductor company Texas Instruments Inc. to support the expansion and development of the local industry. During her visit...

Finance

Payments operators pressed to lower digital transaction fees

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) wants financial institutions to establish a “market-based” and “fair” pricing mechanism for fees they collect on electronic fund transfers, in a...

Consumer & Retail

More PH-US meetings set during 90-day freeze on tariffs

More PH-US meetings set during 90-day freeze on tariffs

MANILA, Philippines — Trade Secretary Ma. On Monday, Cristina Roque said the Philippines would hold more meetings with United States officials to advance tariff negotiations,…

Columns

Tourism & Transportation

US gov’t increases grant for freight railway study

MANILA, Philippines — The United States has increased its support for the country’s infrastructure development, approving a significant funding boost for the pre-feasibility study of…

Foreign News

US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs

NEW YORK, United States — The U.S. trade deficit soared to a record $140.5 billion in March as consumers and businesses alike tried to get…

Economy

China's central bank cuts interest rate as US tariffs threaten economy

BEIJING, China — China’s central bank has cut a key interest rate as U.S. tariffs threaten the economy. People’s Bank of China Governor Pan Gongsheng…

Communications

US stocks sink again as more companies detail damage from Trump's trade war

NEW YORK, United States — U.S. stocks closed lower Tuesday as quarterly results show more companies are scrubbing their forecasts for upcoming profits because of…

Industry Movements

US expands attempt to blow up Google with proposed teardown of ad technology

VIRGINIA, United States — The U.S. Justice Department is doubling down on its attempt to break up Google by asking a federal judge to force…

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