The local stock market declined on renewed concern over tensions between Russia and Ukraine. The main index shed 20.14 points or 0.27 percent to close at 7,418.79 as the Industrial counter led the retreat that was partially offset by the strong gains of the Property and Mining and Oil sectors....
Editorial In support of the Philippine government commitment to the global climate summit last year, the Bangko Sentral ng Pilipinas last week released Annex A to the Sustainable Finance Framework that was issued in April 2020 embodying the guiding principles. Among the incentives being considered...
The Philippine Stock Exchange index ended slightly lower after a day of volatile trading. The main index dipped 13.89 points or 0.19 percent to close at 7,438.93 with sectoral indices evenly mixed. Volume dropped to 911 million shares worth P6.82 billion as gainers outpaced losers 107 to 77 with 56...
The local stock market bounces back following positive news overseas and in the domestic front. The main index jumped 142.88 points or 1.96 percent to close at 7,452.82 with the Property and Services sectors leading the rally across the board. Volume rose to 1.16 billion shares worth P9.53 billion...
Local share prices weakened amid growing tension between Russia and Ukraine as well as lingering concern over US interest rates. The PSEi shed 52.21 points or 0.70 percent to close at 7,309.94 as the Property sector led the retreat while the Holding Firms and Mining and Oil counters posted gains....
Health Secretary Francisco Duque III said on Tuesday, Feb. 15 that they will assess the safety seal program being implemented by the government on Thursday and if it is up to par, then the National Capital Region (NCR) may ease to Alert Level 1 by the first week of March. People in queue for goods...
The camp of presidential aspirant Ferdinand “Bongbong” Marcos Jr. on Monday refuted a UK-based think tank report stating that Marcos Jr. would be bad for the economy if he wins the presidency. Lawyer Vic Rodriguez, Marcos Jr.’s spokesman, said in a statement it is “unfortunate” for...
The local bourse started the week on a positive note as investors picked up cheaper stocks. The main index rose 90.79 points or 1.25 percent to close at 7,361.15 as Holding Firms led the advance although the Industrial and Mining and Oil counters lagged behind. Volume was high at 1.19 billion...
The government's pandemic task force has decided to keep the National Capital Region (NCR) under the coronavirus (COVID-19) Alert Level 2 while it placed seven other areas under Alert Level 3 from February 16 to 28, 2022. (Photo by Ali Vicoy) In a statement, Cabinet Secretary Karlo Nograles said...
Local share prices fell after the US inflation rose and raised fears of interest rate hikes. The main index plunged 162.26 points or 2.18 percent to close at 7,270.36 as Holding Firms and Banks led the retreat although the Property sector held its ground. Volume surged to 1.93 billion shares worth...
A health reform advocate urged the national government to “wait and observe” in the next two weeks if the cases will once again spike up before easing the country’s Alert Level status for coronavirus disease (COVID-19). (JANSEN ROMERO / MANILA BULLETIN) Health reform advocate and former...
The local stock market declined after the resistance felt at the 7,500 triggered some profit-taking. The main index lost 69.86 points or 0.93 percent to close at 7,432.62 as the Holding Firms and Services sectors led the retreat although the Mining and Oil counter surged and Property stocks also...
