Photo from AFP Prior to the Tokyo Olympics, receiving cash incentives is not in the radar of Philippine Team athletes since all are focused on representing the country with the best of their abilities. That is, of course, understandable. But as the dust cleared after a thrilling event in women’s...
Philippine share prices continue to dive ahead of the President’s state of the nation address even as more new local cases of the Delta variant are reported. The main index fell 148.13 points or 2.27 percent to close at 6,372.61 as blue chip holding firms and banks led the sell-off. PSE-BGC-...
Jollibee Foods Corporation continues its aggressive expansion in the UK with the opening of its first restaurant in Wales in its capital, Cardiff. In a statement, the firm said Wales has a $1.4 billion fried chicken market, and the opening is in line with the company's thrust to expand across the...
Security Bank Corporation (SBC) has been named the Philippines’ Best Bank by London-based financial magazine Euromoney during its 2021 Euromoney Awards for Excellence. “In the competitive field of Philippine banking, the best response to Covid-19 came not from the biggest banks but a rising...
The local stock market gave up some of the previous day’s gains to end lower week-on-week after government reimposed stricter quarantine measures after reporting the local transmission of the Delta variant. The main index ended 55.88 points or 0.85 percent lower to close at 6,520.74, after...
San Miguel Corporation (SMC) is opening its second community market in the south to help sustain the livelihoods of pandemic-hit farmers and small businesses by providing a safe and ready marketplace for their products. Located at the company’s idle 4,000-square meter property in Cabuyao, Laguna,...
The local stock market finally bounced, after its fall that started last Friday, as investors started picking up battered issues. The main index jumped 100.41 points or 1.55 percent to close at 6,576.62 as banks and holding firms led the advance across the board. However, volume fell to a thin 1.4...
AllHome Corporation, the Philippines’ pioneering one-stop full line home center, reported the opening of its milestone 55th branch in Sto. Tomas, Batangas. Located along Maharlika Highway, the newest AllHome store is joined by sister brands AllDay Supermarket, Coffee Project, Bake My Day and...
Clark Development Corporation (CDC), in partnership with Clark Water Corporation (CWC) and Manila Water Foundation (MWF), has completed the renovation of a water facility that will benefit around 150 families, mostly Aetas who are residing near Clark Freeport and Special Economic Zone in Pampanga....
The local market continued to plunge with the entry of the Delta variant which is making the government consider the reimposition of more stringent quarantine measures. The PSEi fell 110.99 points or 1.68 percent to close at 6,476.21 with the Financials and Industrial counters leading the bloodbath...
Filinvest REIT Corp. (FILREIT), formerly Cyberzone Properties, Inc. and a real estate investment trust (REIT), has pegged the final offer price of its initial public offering at P7.00 per share. In a disclosure to the Philippine Stock Exchange, the firm said the offer price is set at the mid-point...
Transport advocacy group Move As One Coalition is prodding Department of Transportation (DOTr) Secretary Arthur Tugade to revise the policy on tollways to allow the entry of public utility vehicles (PUVs). SMC Skyway 3 (File photo / MANILA BULLETIN) "It has come to our attention that tollway...
