(FILE PHOTO) The Department of Health (DOH) said that Metro Manila is now under the “moderate” risk classification after a decreasing trend of coronavirus disease (COVID-19) cases was observed in recent days. “Moderate-risk na po ang NCR (National Capital Region) kahapon pa. Bumababa na po ng...
AirAsia Group changes name 62152 AirAsia Group Berhad, holding firm of budget carrier AirAsia Philippines, announced a name change to Capital A Berhad (Capital A). "We are not just an airline anymore," CEO Tony Fernandes maintained in a statement, Thursday, Jan. 28. “This is a significant...
The local stock market bucked the regional trend and managed to move up after the release of better-than-expected economic numbers for the last quarter of 2021. The main index gained 19.91 points or 0.27 percent to close at 7,273.52 as Banks led the advance although the Holding Firms and Mining and...
Darwinbox, Asia’s fastest growing HR tech platform, marks another milestone with a $72 million funding round, leapfrogging to unicorn valuation. Led by Technology Crossover Ventures (TCV) along with participation from existing investors - Salesforce Ventures, Sequoia, Lightspeed, SCB 10X, JG...
The PSEi lost the previous day’s gains as investors trade cautiously while waiting for the US Federal Reserve to announce the results of its ongoing meeting. The main index dropped 34.69 points or 0.47 percent to close at 7,253.61 as Banks led the decline while the Mining and Oil counter bucked...
The government's pandemic task force is set to discuss Metro Manila's possible deescalation to Alert Level 2 for the first half of February 2022 and will make the announcement on the weekend. People flock to Ilaya in Binondo, Manila to shop on Jan. 2, 2022. Metro Manila will be under Alert Level 3...
The local stock market rose as investors have become cautiously optimistic that quarantine measures may be eased in the National Capital Region where the COVID-19 variant Omicron surge appears to have peaked. The main index gained 35.57 points or 0.49 percent to close at 7,288.21 as the Industrial...
After three weeks of being under critical risk case classification for the coronavirus disease (COVID-19), the country and the National Capital Region (NCR) has gone down to high-risk case classification, Health Secretary Francisco Duque III said on Monday, Jan. 24 Shoppers flock to bargain stores...
Local share prices weakened as investors wait for the US Fed’s meeting as well as the release of the latest Philippine gross domestic product numbers. The main index lost 40.88 points or 0.56 percent to close at 7,252.64 as Banks led the retreat across the board. Volume remained low at 1.96...
The PSEi bounced after 2 days of losses after investors started picking up some bargains. The main index rose 54.24 points or 0.75 percent to close at 7,293.52 although only the Property and Holding Firms counters advanced while the Mining and Oil led decliners. Volume remained weak at 2.15 billion...
The local stock market lost more ground as the decline in US equities continued to weigh on investor sentiment. The main index shed 22.26 points or 0.31 percent to close at 7,239.28 as sectoral indices were evenly mixed with the Property sector suffering the biggest loss while the Mining and Oil...
Local stocks fell in tandem with other bourses in the region which were, in turn, weighed down by the performance of US exchanges. The main index dropped 82.42 points or 1.12 percent to close at 7,261.54aa the Property sector led the retre although the Industrial and Ming and Oil counters managed...