The Philippine Stock Exchange index (PSEi) continued to rally on Thursday, Nov. 20, as foreign investors joined the bargain buying following expectations of a rate cut and the exemption of Philippine agricultural exports from higher United States (US) tariffs. The main index soared by 117.1 points,...
The Philippine Stock Exchange index (PSEi) rose on Wednesday, Nov. 19, after a lot of Philippine agricultural products were exempted from United States (US) tariffs while the Bangko Sentral ng Pilipinas (BSP) raised hope for one more rate cut, triggering more bargain buying. The main index jumped...
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...
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 Department of Public Works and Highways (DPWH) will file charges against Hi-Tone Construction and Development Corporation for allegedly failing to repair a damaged section of the Navotas City Coastal Dike, which has been blamed for worsening floods in the city’s coastal communities. DPWH...
Niche real estate firm Italpinas Development Corp.’s (IDC) board of directors has appointed Engr. Giuseppe Garofalo as the company’s new chief executive officer (CEO), taking over the helm from IDC’s co-founder Architect Romolo V. Nati. In a disclosure to the Philippine Stock Exchange (PSE),...
DAVAO CITY – The Mindanao Development Authority is accelerating transport, digital, and infrastructure linkages across the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area, positioning connectivity as the key driver of Mindanao’s next phase of inclusive growth. MinDA...
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...
Filinvest Land, Inc. (FLI) continues to uphold its reputation as one of the country’s most trusted developers, earning its fourth consecutive Golden Arrow Award from the Institute of Corporate Directors (ICD) at the 2025 Golden Arrow Awards. The Golden Arrow recognizes publicly listed companies...