The local stock market posted more gains but off the day’s high after investors were quick to take profit. The main index was up 14.91 points or 0.21 percent to close at 7,304.79 with only the Property and Mining & Oil counters in the red. A total of 19.98 billion shares worth...
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...
Local share prices weakened further as investors worry over the new strain of the coronavirus that is causing a spike in COVID-19 cases. The main index dropped 86.33 points or 1.21 percent to close at 7,047.85 as all sectors lost ground. Volume remained high at 22.68 billion shares worth P11.91...
Philippine share prices retreated after US markets opened the year in the red on concerns over COVID-19 and the run-off elections in Georgia. The main index lost 63.32 points or 0.88 percent to close at 7,134.18 with only the Industrial counter holding its ground. Volume increased to 30.76 billion...
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...
Philippine Center for Postharvest Development and Mechanization (PHilMech) is confident that with the government’s mechanization efforts, the production cost of palay will go down by more than 20 percent but by the end of 2024 yet. Photo by Timur Kozmenko on Unsplash Philmech Director for Applied...
Local share prices continued to weaken due to concern over the rising number of cases of a new strain of COVID in the UK. (Photo credit: https://www.pse.com.ph) The main index shed 22.50 points or 0.31 percent to close at 7,202.39 with only the Property index rising. Volume was higher at 22.72...
The bid of the PBA to start its 46th season this April has received the support of governing agencies tasked to handle the COVID-19 pandemic. Vince Dizon assured that the Inter-Agency Task Force and the National Task Force against COVID-19 which he serves as deputy chief implementer have their full...
Carmen Copper Corporation (CCC), an operating mine of Atlas Consolidated Mining Development Corporation (ACMDC) based in Toledo City, Cebu, confirmed that around that a slide happened at its Carmen Pit in the afternoon of December 21, 2020. In a statement, CCC said the slide at its mine operations...
The National Economic and Development Authority (NEDA) is encouraging consumers and the working population to respond to a new survey on confidence in the safe and gradual opening of the economy. In a statement, Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said the key to a real...
Officials of the Samahang Basketbol ng Pilipinas and the Angeles University Foundation during the ocular inspection for the hosting of the FIBA Asia Cup Qualifiers in February next year. Photo from SBP Bases Conversion and Development Authority chief Vince Dizon vowed to provide the eight-country...
