The local stock market ended the week on a positive note on the back of gains in US bourses. The main index rose 30.35 points or 0.42 percent to close at 7,213.46 as the Mining and Oil counter led the advance while the Holding Firms sector was the only one in the red. Volume was firm at 1.22...
Jollibee Foods Corporation successfully listed its first-ever preferred shares on the Philippine Stock Exchange (PSE) after an oversubscribed P12-billion follow-on offering. A first not only in the Jollibee Group history, but also in the Philippine food service industry, the listing marks the...
Local shares prices jumped after the government eased quarantine restrictions by a notch as the number of new COVID cases declined. The main index gained 114.19 points or 1.62 percent to close at 7,183.11 as Holding Firms and Property stocks led the advance across the board. PSE_NEW Volume improved...
The local stock market declined as investors pocket more gains while waiting for more news from thr US and the domestic front. The main index dropped 38.90 points or 0.55 percent to close at 7,068.92 as sectoral indices were evenly mixed with the Industrial counter posting the biggest loss while...
Jollibee Foods Corporation has opened two more branches of its flagship Jollibee brand in North America as part of its efforts to continue expanding its market to non-Filipino consumers. The restaurant chain recently opened its doors in Pembroke Pines, Florida and Calgary, Alberta, Canada to offer...
The local stock market took a breather after investors pocketed some gains from the previous day’s spike. The main index shed 16.19 points or 0.23 percent to close at 7,107.82, dragged down by the Services sector which was the only decliner, while the Mining and Oil counter was the biggest...
DMCI Holdings Inc. has declared a special cash dividend amounting to P6.37 billion in special cash dividends following a record high cash dividend declared by subsidiary Semirara Mining and Power Corporation. In a disclosure to the Philippine Stock Exchange, the firm said the special cash dividend...
The CFA Society Philippines, an association of chartered financial analysts, has awarded Security Bank Trust and Asset Management Group’s SB Peso Bond Fund as the Best Managed Fund for the Long-term Peso Bond Fund Category. During the CFA Society Philippines’ 2021 Best Managed Fund Awards, the...
Authorities are now investigating the cause of the fire that hit one of the train cars of the Metro Rail Transit Line 3 (MRT-3) which injured eight passengers on Saturday night, Oct. 9. One of the cars of MRT-3 Southbound caught fire at Guadalupe station on Saturday night, October 9, 2021. (Photo...
Since politicians have already filed their certificates of candidacies, although there may be some substitutions before November 15, investors are now expected to refocus on the COVID situation and wait to see of the government will ease restrictions further. “This week, investors are expected to...
Actual construction of the P12-billion Kaliwa Dam, pegged by the Duterte administration as its top solution to Metro Manila's water woes, may have to wait until next year because of delays in meeting some conditions, including consent from the affected indigenous peoples, according to the new...
For starting entrepreneurs, many would choose to use their family, relatives, and friends as models for their promotional materials not only because they believe that their loved ones meet the criteria but also primarily because they want to save money. And the late John Robinson Lim Gokongwei Jr.,...
