The local stock market weakened as investors fretted over the possibility of higher US interest rates. The main index dropped 34.36 points or 0.55 percent to close at 6,164.89 as all indices retreated, led by the interest rate-sensitive Property sector. Volume was low with 1.09 billion shares worth...
Small local investors were still the main movers of the Philippine Stock Exchange (PSE) in the first-quarter this year, which the Department of Finance (DOF) attributed to the trust and confidence of the public in the regulatory institutions. Screen Shot 2021-05-24 at 2.46.56 PM Based on a report...
The government is targeting to administer coronavirus vaccines to 9.77 million people in Metro Manila by November 2021 to protect them from the deadly disease. A health worker administers a coronavirus vaccine to a Taguig City resident inside the 'Vaccination Bus' parked in Barangay Ususan, Taguig...
Late buying allowed the local stock market to close flat as investors continued to sit on the sidelines. The main index eked out a gain of 1.61 points or 0.03 percent to close at 6,199.25 with only the Financials and Services counters in the red. Volume remained weak with 1.63 billion shares...
More people can now attend religious gatherings in the National Capital Region (NCR) after mayors have agreed to relax the restrictions on these activities. Devotees observe a safe distance from each other while hearing Sunday mass outside Quiapo church in Manila in a December 2020 file photo. (ALI...
The Philippines' #1 e-commerce enabler Great Deals e-commerce Corporation raised $30 million, approximately P1.4 billion, capital in its Series B funding round. The new capital infusion was led by Fast Group, a leading logistics firm in the Philippines with the support from CVC Capital Partners,...
The Department of Health (DOH) said it is closely monitoring the coronavirus disease (COVID-19) cases in Visayas and Mindanao as they observe a rise in infections. (DOH / MANILA BULLETIN) "Ang Luzon, though nag-plateau...may bahagyang pagbaba na tayo ng dami ng kaso na nakikita. Ngayon, itong...
GT Capital Holdings, Inc., the investment arm of the Ty family, reported a 60 percent jump in consolidated net income to P4.1 billion in the first quarter of 2021 from the P2.5 billion it earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the conglomerate...
The PSEi managed to start the week in the green, thanks to late buying that allowed it to recover from early losses. The main index inched up 14.22 points or 0.23 percent to close at 6,283.58 with only the Financials and Holding Firms counters retreating. Volume was weak with 2.3 billion shares...
The Philippine Stock Exchange has invited top executives of publicly-listed firms to talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from going public. The PSE said these executives will be part of a...
The average number of coronavirus disease (COVID-19) cases in Metro Manila is projected to decrease between 1,700 and 1,800 cases per day by the end of the week, a member of the OCTA Research Team said on Monday, May 10. (MANILA BULLETIN / FILE PHOTO) But the expert warned that while there has been...
The National Capital Region (NCR) Plus may shift to the more relaxed general community quarantine (GCQ) by May 15 given the improving coronavirus situation and health care capacity, a Palace official said Monday, May 10. Senior citizens get food items at a community pantry organized by a labor...
