The PSEi dropped as countries impose sanctions against Russia after its troops moved into parts of Ukraine. The main index fell 76.70 points or 1.03 percent to close at 7,364.21 as the Property sector plunged, although the Services and Mining and Oil counters held their ground. Volume declined to...
The Philippine Red Cross (PRC) has received a monetary donation from the Japan Chamber of Commerce and Industry of the Philippines Inc. (JCCIPI) that seeks to support the relief and recovery efforts for the families affected by Typhoon Odette. (Photo from Philippine Red Cross / MANILA BULLETIN) PRC...
The Philippine Stock Exchange will be returning to its full-day 5-hour trading schedule starting March 1, 2022 as new COVID-19 cases continue to decline, specially in the National Capital Region. PSE President & CEO Ramon S. Monzon In a Memorandum, PSE President Ramon S. Monzon said the...
After shuttering several licensed Philippine Offshore Gaming Operations (POGO) in Cagayan, the Bureau of Internal Revenue (BIR) warned non-compliant online gaming licensees and their service providers to register and pay taxes or face closure. BIR PHOTO In a statement Wednesday, Feb. 23, the bureau...
Finance Secretary Carlos G. Dominguez III said the next administration will inherit a slew of President Duterte’s “hard-won” reforms, including several economic liberalization measures that will help fuel the Philippines’ resurgence in the years ahead. These reforms include the...
The Department of Interior and Local Government (DILG) is now probing the tragic crash of a helicopter owned by the Philippine National Police (PNP) in Real, Quezon on Monday, Feb. 21, that left a policeman dead and two police pilots seriously injured. (Photo from the Philippine National Police)...
A consular team from the Philippine Embassy in Warsaw, Poland has been sent to Lviv, Ukraine to ensure the safety exit of Filipinos from the foreign land amid rising tensions, the Department of Foreign Affairs (DFA) bared. (Photo courtesy of the DFA) A two-man team from the embassy was sent to...
The local stock market bucked the global downtrend and bounced back as cautious investors turned into bargain hunters. The main index rose 68.66 points or 0.93 percent to close at 7,440.91 as Holding Firms led gainers although Banks and Property issues were left behind. Volume rose to 3.13 billion...
The Department of the Interior and Local Government (DILG) urged critics of the planned crackdown on sari-sari (variety) store owners who are selling medicines to ask Congress to amend the law on the sale of over-the-counter medicines. But in the meantine, DILG Usec. Jonathan Malaya emphasized that...
Senatorial candidate and Sorsogon Governor Francis “Chiz” Escudero has urged the Philippine Overseas Labor Office (POLO) in Hong Kong to prepare to assist more Filipino domestic workers who could be infected with COVID-19 as Hong Kong struggles with a surge in cases. Escudero noted Hong Kong is...
Philippine Airlines (PAL) is partnering with NTT DATA Philippines to implement SAP solutions for modernizing and the digitalization of key business processes such as finance, procurement, supply chain, and human resources. 67480 The partnership brings together NTT DATA’s global IT services with...
The local stock market weakened further as the situation at the Russian and Ukranian border continue to heat up. The main index lost 46.54 points or 0.63 percent to close at 7,372.25 although sectoral indices were evenly mixed as conglomerates fell while property firms rally. Volume rose to 1.4...
