The Securities and Exchange Commission (SEC) continues to gain recognition for the digitalization of its services, this time bagging the Excellence in Digital Transformation Award conferred by mobile payments service GCash. The third installment of the GCash Digital Excellence Awards seeks to...
The Securities and Exchange Commission (SEC) has been recognized by the Anti-Red Tape Authority (ARTA) for its efforts in improving the ease of doing business in the country. In a statement, the Commission said it was among the government agencies recognized by ARTA during the 2023 Ease of Doing...
Local share prices fell as investors preferred to hold on to cash over the long weekend. The main index lost 71.08 points or 1.13 percent to close at 6,234.77 as Banks led all sectors in the retreat. Volume eased to 270 million shares worth P3.67 billion as gainers edged out losers 83 to 82 with 49...
The PSEi was able to recover most of the day’s loss to end almost flat amid some profit-taking as investors wait for fresh cues. The main index shed 3.1 points or 0.05 percent to close at 6,305.85 as Banks led the decline while Conglomerates and Services advanced. Volume improved to 345...
The local stock market ended up after early profit-taking following the release of lower-than-expected inflation figures for November. The main index rose by 24.58 points or 0.39 percent to close at 6,308.95 even though sectoral indices were evenly split. Volume was still low at 622 million...
The Securities and Exchange Commission (SEC) has introduced its framework for the issuance of blue bonds in front of the business community and the investing public. Blue bonds refer to a subset of green bonds and sukuk which proceeds will exclusively be used to finance or refinance new and/or...
SEC warns vs. 4 unregistered investment platforms By James A. Loyola The Securities and Exchange Commission (SEC) has advised the public against dealing with four entities due to their unauthorized solicitation of investments without the necessary license from the Commission. These firms are OctaFX...
Philippine shares rose ahead of the release of economic data here and overseas including the November inflation number. The main index added 39.19 points or 0.63 percent to close at 6,284.37 with the advance led by the surge in Mining and Oil stocks. Volume remained weak though at 446 million...
The local stock market will be waiting for November’s inflation figure this week, hoping that a lower number will spur a rise in share prices. “This week, investors are expected to take cues from our upcoming economic data, primarily from our November inflation print which would give clues on...
Diversified conglomerate San Miguel Corporation (SMC) has raised P34 billion from the sale of firm offer preferred shares and over-subscription option shares during its follow-on offering (FOO). The Philippine Stock Exchange said SMC formally listed its Series 2-L, 2-N and 2-O preferred shares...
The PSEi was up today, Dec. 1, following gains made by US bourses amid hopes that interest rates will not be raised. The main index added 21.45 points or 0.34 percent to close at 6,245.18 as the Property counter led the advance while Banks and Miners lagged behind. Volume declined to 1.68...
The Gotianun Group’s property development arm Filinvest Land Inc. (FLI) has successfully raised P11.43 billion in fresh capital from the bond market to fund capital expenditures and refinance debt. In a disclosure to the Philippine Stock Exchange (PSE), FLI said its 3.5-year peso fixed-rate...
