Local share prices rallied due to favorable developments at home and overseas. The PSEi surged 214.26 points or 3.23 percent to close at 6,841.69 as share prices rose across the board with the Property and Holding Firms counters leading the charge. A hefty 1.9 billion shares worth P9.51 billion...
The local stock market ended flat Tuesday, June 1 after a weak start as the listing of Monde Nissin’s shares failed to spark a rally. The main index shed 1.06 points or 0.02 percent to close at 6,627.43 as the Mining and Oil counter led the retreat while the Financials and Property sectors...
Monde Nissin Corporation marked its debut at the Philippine Stock Exchange by ending just one fluctuation lower than its initial public offering price despite the weakness of the equities market. Monde Nissin Corporation lists shares at Philippine Stock Exchange The stock traded at a range of...
Filipino-owned global firm Frabelle Fishing Corp. (FFC), the country's most integrated aquaculture and food company, is keen on establishing a tuna canning plant in India and expand its overseas operations in Vietnam and Papua New Guinea. FFC President Francisco Tiu Laurel said India is a very...
Trade and Industry Secretary Ramon M. Lopez said the domestic economy is still on track for a V-shaped recovery with improved investment climate this year. Lopez, who spoke at today’s listing ceremony of Nissin Monde Corp. initial public offering — the largest in the Philippine Stock Exchange...
First Philippine Holdings Corporation bagged a gold award for its maiden entry to the 6th Asia Sustainability Reporting Awards (ASRA) held by CSRWorks International, a Singapore-based sustainability services firm. In a statement, First Philippine Holdings said its 2020 Integrated Report earned the...
Megaworld Corporation continues to expand its office leasing portfolio with the construction of another of another high-rise office building inside its 15.4-hectare Uptown Bonifacio township. Visual render of Megaworld's International Finance Center Located along 11th Avenue, the 24-storey...
(Manila Bulletin/ File Photo) The Department of Health (DOH) assured that the different COVID-19 vaccine storage facilities nationwide are ready amid the possibility of rotational power interruptions in some parts of Luzon. In a statement on Tuesday, June 1, the DOH said necessary steps were...
What do the new airports of Hong Kong and Singapore have in common? Both mega structures are standing on reclaimed land. What about Cotai Strip in Macau and Aseana City in Paranaque? Aside from housing luxury hotels and grand casinos, both are also reclaimed land. Reclamation is not new in...
The local stock market dropped after investors locked in gains from last week’s rally amid uncertainty whether quarantine measures will be eased or tightened. The main index lost 46.02 points or 0.69 percent to close at 6,628.49 with only the Financials sector mamaging to hold its ground. Volume...
Diversified conglomerate San Miguel Corporation’s (SMC) deployment of 100 of its employee doctors and nurses has helped in the administration of over 55,000 COVID-19 vaccination shots throughout Metro Manila. As part of the company’s ongoing efforts to help in the government’s vaccination...
Filipino farmers may just be able to recover their losses from infestation and natural calamities under a P1-billion insurance fund intended for Department of Agrarian Reform (DAR) beneficiaries. (Photo courtesy of the Department of Agriculture) The DAR and the Philippine Crop Insurance Corporation...
