Year-ender Today, I give you pain. Tomorrow, who knows? For industry players in the energy sector, that’s their tale of woe this year given decimated top and bottom lines with demand crash on energy commodities. Onward, uncertainties hold sway. At the height of the lockdown period in March-May,...
Market Year-ender Shown at the last day of trading for 2020 are (from left): PSE Finance Division Head Roberto Jose R. Jimenez and Securities Clearing Corporation of the Philippines COO Renee D. Rubio; PSE COO Roel A. Refran and PSE President and CEO Ramon S. Monzon. One would run out of...
Greg Slaughter (MB File Photo) Greg Slaughter apologized to the Barangay Ginebra management for "any misunderstanding" caused by his decision to take a sabbatical while also expressing his wish to make a comeback. Through an Instagram story on Tuesday, Slaughter made the apology to San Miguel...
The local stock market Tuesday posted a small gain on its last trading day for 2020 on the back of positive developments here and abroad. The Philippine Stock Exchange index (PSE) rose 17.46 points, or 0.25 percent, to close at 7,139.71 with only the Property and Services counters in...
Multi-media firm ABS-CBN Corporation has solidified its stature as the Philippines’ leading content producer for both news and entertainment on digital after receiving its second Diamond Creator Award from YouTube. In a statement, the firm said ABS-CBN News received last November a diamond...
The Securities and Exchange Commission (SEC) has revoked Super Cash Lending Corporation’s certificate of authority (CA) to operate as a lending company for its unfair debt collection practices. In an order, the SEC Corporate Governance and Finance Department (CGFD) found Super Cash liable for...
Starting today (December 28) until January 15, 2021, the P1.6-billion expanded section of the 8.2-kilometer Subic Freeport Expressway (SFEX) will be temporarily opened for motorists coming in and out of the Subic Bay Freeport Zone for the holidays. The new SFEX, constructed beside the existing SFEX...
Traffic around Metro Manila may be greatly eased with the opening of Skyway Stage 3, the elevated expressway that connects the South Luzon Expressway (SLEX) and Skyway to the North Luzon Expressway (NLEX). San Miguel Corporation (SMC), concessionaire of the Skyway Stage 3 project, announced that it...
Token rollback in pump prices will give consumers slight savings this week, as the cost of diesel products will be reduced by P0.05 per liter; while kerosene will have a heftier cut of P0.25 per liter. The oil companies advised that there will be no price movement in gasoline products this week,...
The local stock market is seen to have muted trading this week as most investors, both domestic and foreign, are already on holiday break. “The last two trading clays of the week, owing to funds having gone off to take the long holiday break, are expected to be quiet,” said online brokerage...
China Banking Corporation (China Bank) is extending the waiver of InstaPay and PesoNet fees until March 31, 2021 while its branches will continue to serve the public during the holidays. In a statement, the bank said transferring funds to other bank accounts remains free for another three months as...
The North Luzon Expressway (NLEX) can handle the holiday travel rush, now at par with pre-pandemic levels. Operator NLEX Corporation and mother company, Metro Pacific Tollways Corporation (MPTC) are confident about the system improvements they have made to control congestion at NLEX for the...
