The Philippine Stock Exchange index (PSEi) made a strong bounce on Monday, Dec. 22, and recovered last Friday’s lost ground on the back of bargain-hunting and some window-dressing for the year’s end. The main index jumped by 120.39 points, or 2.03 percent, to close at 6,041.26, with the advance...
The Philippine benchmark index retreated on Thursday, Dec. 18, as investors locked in gains while awaiting crucial United States (US) inflation data for cues on the Federal Reserve’s interest rate path. The Philippine Stock Exchange Index dropped 47.54 points, or 0.78 percent, to close at...
Philippine stocks climbed as a stronger peso and a retreat in crude oil prices spurred bargain hunting following a brief bout of profit-taking. The Philippine Stock Exchange index advanced 23.34 points, or 0.39 percent, to end at 6,079.02 on Wednesday, Dec. 17. While the services sector led the...
Megawide Construction Corp. secured a ₱10 billion investment from the state-run Home Development Mutual Fund, commonly known as Pag-IBIG, to accelerate the government’s mass housing program. In a disclosure to the Philippine Stock Exchange, Megawide said the funds will be channeled through...
The Philippine Stock Exchange index (PSEi) dipped on last minute profit-taking on Tuesday, Dec. 16, as investors waited for fresh economic data from the United States (US). The main index shed 2.34 points, or 0.04 percent, to close at 6,055.68. The services and mining sectors fell, while the...
The Philippine Foundation for Cultural and Educational Development (PFCED) celebrated its sixtieth anniversary this year, 2025. In 1965, Philippine society was very much in need of a non-stock, not-for-profit organization committed to being a catalyst for values transformation and education. Its...
The local stock market started the week on firmer footing, with investor sentiment continuing to be supported by signs that the central bank may cut rates further. The main index added 21.3 points, or 0.35 percent, to close at 6,058.02 on Monday, Dec. 15. The mining and property sectors led the...
The Makati City government has given due recognition to its partner schools and learning institutions who have displayed outstanding commitment to gender equality and empowerment in an awarding ceremony spearheaded by its Gender and Development Council. The recognized schools were awarded during...
The Philippine Stock Exchange Index (PSEi) recovered from the previous day’s decline, adding 30.06 points, or 0.50 percent, to close at 5,990.00 on Thursday, Dec. 11. The advance followed expected rate cuts from both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP). Banks led the...
The Philippines has drawn South Korea’s interest to expand collaboration on employment services and workforce development following Seoul’s recognition of the Department of Labor and Employment’s (DOLE) modernization efforts. The DOLE said the talks reflect growing international confidence...
The Philippine Stock Exchange index (PSEi) was higher on Tuesday, Dec. 9, as investors anticipate the rate cuts that may be announced by the Bangko Sentral ng Pilipinas (BSP) and the United States Federal Reserve (US Fed). The main index added 27.42 points, or 0.46 percent, to close at 5,976.64....
Pag-IBIG Fund received the Best Sustainability Initiatives Award at the 2025 Governance Commission for GOCCs (GCG) Awards Ceremony held Monday, Dec. 1, in Parañaque City. The award recognizes the agency’s efforts to integrate sustainability values and responsible practices across its programs,...
