SPEAKING OUT Ignacio R. Bunye In a recent award ceremony, the Securities and Exchange Commission (SEC) and the Institute of Corporate Directors (ICD) lauded four Ayala companies for leading the way in terms of corporate governance in the country. Ayala Land, Inc. (ALI) and Globe Telecom made it to...
The local stock market fell as investors turned less bullish on the eve of the new year of the Ox. The main index dropped 91.14 points or 1.29 percent to close at 6,991.01 with only the Financials and Mining & Oil counters holding their ground. Volume climbed to 22.92 billion shares worth...
The Philippine stock market gained a little more ground as investors are cautiously becoming more optimistic because of developments here and overseas. PSE file photo The benchmark PSEi moved up 16.60 points or 0.24 percent to close at 7,082.15 although the Financials and Industrial counters...
The local stock market chalked up some gains as losers investors were encouraged by a new US stimulus package and the arrival of vaccines in the Philippines. The main index rose 41.07 points or 0.59 percent to close at 7,065.55 with sectoral indices evenly mixed. Volume improved to 30.44 billion...
The Securities and Exchange Commission (SEC) has introduced measures to combat money laundering and terrorist financing in the Philippines, and keep the country off the gray list of the Financial Action Task Force (FATF). In a statement, the SEC said that these measures are aimed at further...
The local stock market ended the week on a high note despite the inflation rate rising faster than expected. The main index jumped 115.43 points or 1.67 percent to close at 7,019.18 as share prices rose across the board led by the Property sector. Photo credit: PSE Information Desk However, volume...
The Securities and Exchange Commission (SEC) has ordered Chiyuto Creative Wealth Documentation Facilitation Services to stop soliciting investments from the public through a double-your-money roulette game. In an order, the Commission directed Chiyuto, which registered as a sole proprietorship and...
The local stock market ended slightly weaker even after the government announced that the economy shrank by a lower rate in the last quarter. The main index shed 11.77 points or 0.17 percent to close at 6,851.84 with only the Property and Holding Firms counters remaining in the green. Volume...
The local stock market fell again ahead of the release of GDP figures on Thursday while investors grow increasingly worried over the new strain of the coronavirus. The PSEi lost 113.55 points or 1.63 percent to close at 6,863.61 with only the Mining and Oil counter advancing. Volume was lower with...
Local share prices fell on renewed concern over the possibility of imposition of greater restrictions in light of the growing number of new COVID-19 cases. The PSEi dropped 94.34 points or 1.33 percent to close at 6,977.16 as all sectors retreated. Volume was higher at 74.53 billion shares worth...
The local stock market bounced with small gains after last week’s fall as some bargain hunting has started. PSE file photo The main index gained 25.67 points or 0.36 points to close at 7,071.50 with sectoral indices evenly mixed. Volume fell to 79.86 billion shares worth P9.11 billion as losers...
The Securities and Exchange Commission (SEC) has approved the planned P3-billion public offering of fixed rate bonds by Century Properties Group, Inc. (CPG). The SEC said the Commission En Banc resolved to render effective the registration statement of CPG covering up to P2 billion...
