The local stock market dipped although the arrest of former President Rodrigo Duterte was not seen to have affected investor sentiment. The main index shed 11.29 points or 0.18 percent to close at 6,195.26, weighed down by the services sector, although sub-indices were evenly divided. Volume...
VisMin developer Cebu Landmasters Inc. (CLI) has been included in the ATRAM Philippine Sustainable Development Growth Fund as a nod to its commitment to sustainability. The fund, managed by ATRAM, selects the top 20 listed companies that demonstrate strong environmental, social, and governance...
The local stock market finally buckled under profit-taking after a six-day rally, as investors grew jittery over US President Trump’s shifting tariff policies. The main index plunged 154.22 points, or 2.42 percent, to close at 6,206.55, on Tuesday, March 11, with the Property sector leading...
The PSEi’s winning streak is in its sixth day as investors hopes for a rate cut has been revived after the inflation rate eased. The main index rose by 62.48 points or 0.99 percent to close at 6,360.77, as miners led all sectors higher. Volume was relatively steady at 627 million shares worth...
The number of Filipino women using contraceptives rose to 8.6 million, with pills turning out to be the most popular method of birth control, the Commission on Population and Development (CPD) has disclosed. The recent data results, according to the CPD, is higher than the 8.3 million recorded in...
President Marcos has met with key members of the Bicol's Regional Development Council (RDC) to discuss the region's development progress, challenges, and ongoing initiatives. REGIONAL DEVELOPMENT — President Ferdinand 'Bongbong' Marcos Jr. meets key members of Bicol's Bicol's Regional...
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....