The Philippine Stock Exchange Index (PSEi) halted a three-day losing streak, edging higher as bargain hunters entered the market, encouraged by upbeat US equities. The main index gained 9.46 points, or 0.16 percent, to close at 6,093.53 on Tuesday, Oct. 21. Only the Industrial and Services sectors...
The Philippine Stock Exchange Index (PSEi) dipped again, trading sideways as the market awaits corporate earnings reports and other strong catalysts to disperse the uncertainty hanging over investors. The main index shed 5.46 points, or 0.09 percent, to close at 6,084.07 on Monday, Oct. 20. Miners...
Alcantara-led Alsons Development and Investment Corp. (Alsons Dev) is finally starting the redevelopment of the 60-year-old Aldevinco Shopping Center site, which used to be popular among tourists hunting for souvenirs and handicraft from Mindanao’s ethnic minorities. In a statement, Alsons Dev...
President Marcos has approved the Philippine Creative Industries Development Plan (PCIDP) 2025–2034 to strengthen the country’s creative sector including music, film, design, crafts, and digital media. Marcos approved the 10-year plan through Memorandum Circular No. 103 , ordering its rollout...
The Philippine Stock Exchange index (PSEi) dipped slightly on Friday, Oct. 17, as the market traded sideways while investors wait for companies to start reporting their third-quarter performance. The main index shed 4.14 points, or 0.07 percent, to close at 6,089.53. The drop in the property and...
The coal moratorium, a policy meant to suspend new coal-fired power projects, is being weakened by new exemptions from the Department of Energy (DOE), drawing immediate criticism from environmental and industry analysts. The Center for Energy, Ecology, and Development (CEED) raised concerns Friday,...
Nearly 7,000 winning bids and purchase offers have been recorded just six weeks since the launch of Pag-IBIG Fund’s Acquired Assets Super Sale, marking a strong start for the program and reinforcing government efforts to make homeownership more accessible for Filipino workers. The online Super...
The Philippine Stock Exchange index (PSEi) was almost unchanged on Thursday, Oct. 16, after late selling erased the day’s gain as investors locked in profits while waiting for the start of the third-quarter earnings season. The main index shed just 0.43 points, or 0.01 percent, to close at...
The Philippine Stock Exchange index (PSEi) rose for a third straight session as investor sentiment improved amid a firmer peso and prospects for further central bank interest-rate cuts. The main index, or PSEi, added 17.88 points, or 0.29 percent, to close at 6,094.10 on Wednesday, Oct. 15,...
The Bases Conversion and Development Authority (BCDA) is partnering with home-grown technology firm CostPlus Inc. to explore renewable energy solutions in New Clark City and other properties managed by the state-run firm. BCDA President and Chief Executive Officer (CEO) Joshua Bingcang said he...
Scientists from Ateneo de Manila University are researching a potential vaccine that could stop Helicobacter pylori (H. pylori)—the bacterium responsible for most ulcer cases—before it causes damage, using cutting-edge immunoinformatics technology to design a new line of defense for millions at...
The Philippine Stock Exchange index (PSEi) gained ground, boosted by easing United States-China trade tensions and investor anticipation of more rate cuts from the Bangko Sentral ng Pilipinas (BSP). The main index rose 23.89 points (0.39 percent) to finish at 6,076.22 on Tuesday, Oct. 13. The...
