The local stock marker weakened as investors remain cautious and are quick to take profit. The PSEi dropped 54.16 points or 0.77 percent to close at 6,997.62 with only the Financials counter advancing. PSE file photo (Photo credit: https://www.pse.com.ph) Volume increased to 11.78 billion shares...
The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS) of financial institutions to account for the regulatory relief measures extended to them during the pandemic. SEC Memorandum Circular No. 32, Series...
The local stock market breached the 7,000 level again on renewed optimism among investors. Photo credit: (https://www.pse.com.ph/) The main index rose 92.64 points or 1.33 percent to close at 7,051.78 with only the Mining and Oil counter retreating. Volume remained high at 12.34 billion shares...
A Cease and Desist Order (CDO) has been issued by the National Privacy Commission against Lisensya. Info paving the way for the eventual taking down of its online site that allegedly hacked the Land Transportation Office (LTO) official site. In a statement, NPC said an email copy of the CDO was...
From left is PSC Commissioner Arnold Agustin, PHISGOC Chief Operating Officer Ramon "Tats" Suzara, PhisGoc Chairperson Allan Peter Cayetano and POC President Abraham "Bambol" Tolentino during the official turnover ceremony of the SEAG Final Report book on Wednesday. The Philippine Southeast Asian...
The local stock market ended slightly lower on some profit-taking after the spike in prices during the previous session. The PSEi shed 11.22 points or 0.16 percent to close at 7,024.26 with the Holding Firms and Services counters retreating. Volume surged to 2.29 billion shares worth P27.77 billion...
Christmas will come early for national athletes and coaches as the Philippine Sports Commission (PSC) announced Wednesday it will restore their allowances by the first week of December. The government sports agency said it has confirmed receipt of the P180 million funding under the Bayanihan Act 2...
The country’s top corporations have shown that they have been walking the talk even before signing the Covenant for Shared Prosperity wherein they have sacrificed profitability in order to take care of their stakeholders and ensure sustainability....
PCSO Charity Assistance Department Officer-in-Charge Jerusa Corpuz (left) hands the check to PSC Commissioner Celia Kiram Despite their operations and sales being badly hit by the pandemic, a total of Php 359, 672.07 was remitted by the Philippine Charity Sweepstakes Office (PCSO) to the Philippine...
The local stock market continued to rally on the back of gains in US bourses and hopes of a recovery in the local economy. (Photo credit: https://www.pse.com.ph) The main index jumped 180.72 points or 2.80 percent to close at 6,644.77 although the Mining and Oil counter retreated. Volume rose to 5...
Filipino consumers will be spared from worrying over electricity service interruptions or brownouts during the Christmas holidays, as the Energy Regulatory Commission (ERC) formalized its order of “no electricity service disconnection’ until December 31 this year. (MANILA BULLETIN) The...
The local stock market weakened further as investors continue to lock in their gains. Traders work beneath an electronic ticker on the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC) Metro Manila, the Philippines. (Bloomberg FILE PHOTO) The main index dropped 37.29...
