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...
The Philippine stock market fell as foreign funds continue to flow out. The main index dropped 94.46 points or 1.32 percent to close at 7,045.83 with only the Industrial and Mining & Oil counters advancing. Volume dipped to 135 billion shares worth P11.39 billion with loaers edging out gainers...
The local stock market declined as investors continue pocketing gains following the previous day’s spike. The main index dropped 46.68 points or 0.64 percent to close at 7,258.11 with all sectors retreating. Volume dipped to 41.52 billion shares worth P9.74 billion as losers beat gainers 144 to...
Local share prices rose after backtracking for two days as investors started picking up cheaper stocks. PSE file photo (Photo credit: https://www.pse.com.ph) The PSEi regained 71.76 points or 1.92 percent to close at 7.119.61 as sub-indices were green across the board. Volume declined to 46.43...
The Securities and Exchange Commission (SEC) has green-lighted the country’s first crowdfunding platform that will connect small, medium and emerging enterprises with banks and other lenders. A joint venture between Filinvest Development Corporation and Investree Singapore Pte. Ltd., Investree...
