RCBC announced that its Mastercard and Visa credit cardholders can now use Google Pay in the Philippines and overseas, enabling fast, secure, and convenient contactless payments and e-commerce checkouts. This launch aligns with the recent introduction of Google Pay to the country, providing RCBC...
The Philippine Stock Exchange index (PSEi) declined on Tuesday, Nov. 18, as cautious investors immediately took profit from Monday’s price spike after the former chief economic manager of the Marcos Jr. administration projected that this year’s economic growth pace will fall well below the...
The Philippine Stock Exchange index (PSEi) rallied by almost 200 points on Monday, Nov. 17, as the two-day protest action against corruption turned out to be peaceful, contrary to what some fearmongers had predicted. The main index surged 194.77 points, or 3.49 percent, to close at 5,779.12. Banks...
The Philippine Stock Exchange index (PSEi) plunged on Friday, Nov. 14, as initially positive sentiment reversed after corruption allegations were hurled against President Ferdinand R. Marcos Jr. by former legislator Zaldy Co. The main index plummeted by 142.64 points, or 2.49 percent, to close at...
A teachers’ group on Thursday, November 13, raised the alarm over a “surge” in suspicious emails targeting public school teachers’ official Department of Education (DepEd) accounts, warning educators to stay vigilant against phishing scams as the year-end bonus season approaches. The...
The Philippine Stock Exchange Index (PSEi) rose further as investors picked up cheaper stocks following the end of the United States government shutdown and speculation of a possible rate cut. The main index added 12.97 points, or 0.23 percent, to close at 5,726.99 on Thursday, Nov. 13. Miners and...
The Philippine Stock Exchange Index (PSEi) extended its downward spiral, as mixed corporate results failed to lift investor sentiment. On Tuesday, Nov. 11, the main index fell 73.57 points, or 1.29 percent, to close at 5,629.07. The decline was led by the Banks sector, while Services bucked the...
The Philippine Stock Exchange Index (PSEi) continued its decline following last week’s slower economic growth data, coupled with concerns over the impact of the recent twin super typhoons. The main index shed 56.73 points, or 0.99 percent, to close at 5,702.64 on Monday. Nov. 10. The Services and...
Maynilad Water Services Inc.’s initial public offering (IPO) failed to buoy the market as the Philippine Stock Exchange index (PSEi) plunged to its lowest level in almost five years on Friday, Nov. 7, after the economy grew at a slower-than-expected pace. The benchmark index fell by 76.22 points,...
The Philippine Stock Exchange Index (PSEi) rose, recouping losses in thin trading as positive corporate earnings buoyed sentiment. The main index gained 17.53 points, or 0.30 percent, to close at 5,835.59 on Thursday, Nov. 6. Miners led the advance while the Industrial sector lagged. Volume was...
China Banking Corp. (Chinabank), the lender co-controlled by the Sy and Dee families, sustained its income growth, posting a 10 percent rise in consolidated profits to ₱20.2 billion in the first nine months of the year. In a disclosure to the Philippine Stock Exchange, the bank stated that this...
The Philippine Stock Exchange index (PSEi) continued its slide, dropping 48.98 points or 0.83 percent to close at 5,818.06 on Wednesday, Nov. 5, driven by persistent investor anxiety that the third-quarter economic growth will fall short of the government’s target. The main index’s retreat...
