People stroll near a mall in Pasay City on Nov. 7, 2021. (Photo by Ali Vicoy) Metro Manila is back in its track after its one-week growth rate for coronavirus disease (COVID-19) cases improved anew, the OCTA Research group said Thursday, Nov. 18. OCTA fellow Prof. Guido David said the average daily...
The local stock market weakened further as investors wait for the outcome of the policy meeting of the Monetary Board on Thursday, Nov. 18. The Philippine Stock Exchange index shed 17.6 points or 0.24 percent to close at 7,349.82 on Wednesday, Nov. 17, with sectoral indices evenly mixed as the...
Cosco Capital, Inc., the retail holding firm of businessman Lucio L. Co, reported a 17 percent growth in consolidated net income to P7.27 billion in the first nine months of 2021 from the P6.23 billion earned in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm...
The local stock market saw some profit-taking at the start of the week as investor sentiment was weighed down by negative news from overseas. The main index dropped 40.47 points or 0.55 percent to close at 7342.37 as the Mining and Oil counter fell while only the Holding Firms sector managed to...
GT Capital Holdings Inc., the flagship of the Ty family, posted 168 percent leap in consolidated net income to P8.7 billion in the first nine months of 2021 from P3.2 billion in the same period last year year. In a disclosure to the Philippine Stock Exchange, the firm said its core net income...
The local stock market bounced from its two-day correction yesterday as investors continue to regain optimism. The Philippine Stock Exchange index (PSEi) rose 51.19 points, or 0.70 percent, to close at 7,382.84 although sectoral indices were evenly mixed with Property stocks leading the advance...
The local stock market continued to be pulled lower by profit-taking following the decline in US bourses. The main index lost 44.03 points or 0.60 percent to close at 7,331.65 as the Property sector led the retreat while the Services counter managed to hold its ground. 45341 Volume was lower at...
The Department of Science and Technology-Industrial Technology Development Institute’s (DOST-ITDI) Chemicals and Energy Division (CED) won in the 2021 Regional Invention Contest and Exhibits in the National Capital Region (RICE-NCR) UNLAD category. (DOST-ITDI Facebook page ) The DOST-ITDI’s CED...
People stroll near a mall in Pasay City on Nov. 7, 2021. (Photo by Ali Vicoy) The positivity rate in Metro Manila has decreased to 3 percent, which is within the 5 percent benchmark set by the World Health Organization (WHO), the OCTA Research said Thursday, Nov. 11. OCTA fellow Prof. Guido said...
To make the Philippines equipped to counter bigger challenges in the future, more investments should be poured into the country’s human capital and that the annual allocation for research and development (R&D) should be increased. Department of Science and Technology (DOST) Undersecretary for...
The local stock market finally yielded to some profit-taking after a 6-day rally tracking a similar pause in US bourses. The main index dropped 65.99 points or 0.89 percent to close at 7,375.68 with heavyweights Banks and Holding Firms leading the retreat. Losers beat gainers 116 to 77 with 56...
The local stock market rose to a new 2021 high for the third straight session, this time spurred by the higher-than-expected growth in gross domestic product for the third quarter. PSE_NEW The main index gained 45.45 points or 0.82 percent to close at 7,441.67 as the Services sector led the rally...
