The local stock market rally marked its fifth day, capping a week of recovery with a strong gain as positive corporate earnings and recent economic data supported investor confidence. The main index rose by 78.33 points or 1.26 percent to close at 6,298.29, led by the jump of the services sector,...
Amid declining casino revenues, Razon-led Bloomberry Resort Corp., owner and operator of the two Solaire and the Jeju Sun integrated resorts, is rolling its dice in the online gaming table. Sharing its online gaming plan with stock analysts, Bloomberry said it will fully launch its online gaming...
The local stock market strengthened as investor sentiment got a boost from easing inflation and a delay in the tariff war started by the United States (US) against Canada and Mexico. The main index surged by 98.19 points or 1.6 percent to close at 6,219.96 as miners led the rally across the board....
The Philippine Book Festival (PBF), the country’s largest all-Filipino book festival, is back, this time, at the Megatrade Hall in SM Megamall, Mandaluyong City, from March 13-16, 2025. The free four-day festival by the National Book Development Board (NBDB) puts Philippine books...
Local share prices rose as investor sentiment were buoyed by encouraging inflation numbers for February. The PSEi jumped 57.66 points or 0.95 percent to close at 6,121.77, led by the surge in the property index while the services sector dipped. Volume was strong at 588 million shares worth ₱7.35...
Cebu-based fuel distributor Top Line Business Development Corporation (Top Line) is negotiating with a potential strategic investor that will come during the firm’s planned ₱900 million initial public offering (IPO). During a media briefing, Top Line Chairman, President, and CEO Eugene Erik C....
President Marcos has approved the funding request for the establishment of child development centers (CDCs) in 4th and 5th class municipalities that lack resources to put up basic education development hubs. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Malacañang said...
The local stock market rose further as investors picked up cheaper stocks ahead of Wednesday’s announcement of the inflation rate for February. The main index added 26.92 points or 0.45 percent to close at 6,064.11, led by the strength of the mining and banking sectors, while the conglomerate and...
Flights to China, Hong Kong, and Taiwan from Ilocos Norte’s Laoag International Airport may soon return as the province aims to transform into Southeast Asia’s economic hub through public-private partnership (PPP). This plan is included in the memorandum of agreement (MOA), signed on Friday,...
Photo courtesy of National Museum SM Development Corporation (SMDC) is taking significant steps to support the preservation and accessibility of cultural heritage, demonstrating its commitment beyond real estate. This vision is embodied in its landmark ₱100 million commitment over the next three...
The Philippine Stock Exchange index (PSEi) recovered some ground but settled below the day’s high as investors bet on a lower inflation rate to be announced on Wednesday. The main index added 39.22 points or 0.65 percent to close at 6,037.19 as conglomerates led the advance while the services and...
LT Group Inc., the holding company of taipan Lucio Tan, reported a 14 percent improvement in attributable net income to a record high of ₱28.92 billion last year from the ₱25.42 billion reported in 2023 on the back of strong growth in its tobacco, banking, liquor, and beer businesses. In its...
