The Securities and Exchange Commission (SEC) has approved the rental pool program of the Floirendo group’s Damosa Land Inc. for its condotel in the island garden city of Samal in Davao. According to the SEC, Damosa Land is the first securities issuer to successfully register under the...
The Philippine Stock Exchange index (PSEi) dropped for the sixth straight session, breaking below the 6,000 level, as investors worried about the weak peso, the impact of corruption on infrastructure spending, and general weak investor confidence in the economy. The main index shed 29.52 points, or...
Following a week-long decline, the local stock market may experience some bargain-hunting despite prevailing bearish sentiment, with investors likely to interpret the S&P Global Philippines Manufacturing PMI and US jobs and PCE inflation data for cues. “The local market is still moving with a...
The Philippine Stock Exchange (PSEi) stayed in the red on Friday, Sept. 26, marking a whole week of daily declines, as developments in the United States (US) dampen hopes of aggressive rate cuts by the US Federal Reserve (Fed) and the Bangko Sentral ng Pilipinas (BSP). The main index shed 15.16...
The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level on Thursday, Sept. 25, weighed down by the continued weakness of the peso and investor caution amid ongoing Senate hearings on corruption allegations. The main index lost 66.44 points, or 1.09 percent, to close at 6,042.28. The...
The Securities and Exchange Commission (SEC) has launched its Green Equity Guidelines, the first of its kind in Southeast Asia, as it continues to advance sustainable finance in the region. The commission, on Sept. 23, issued SEC Memorandum Circular No. 13, Series of 2025, outlining the Guidelines...
The Philippine Stock Exchange index (PSEi) continued its descent as the peso weakened, with investors awaiting positive news amid a corruption scandal. The main index shed 9.82 points, or 0.16 percent, to close at 6,108.72 on Wednesday, Sept. 24, as the Property sector led the decline among all...
The Securities and Exchange Commission (SEC) is supporting proposals to amend existing bank secrecy laws as part of the government’s continuing fight against corruption. “As a corporate and capital market regulator, the SEC welcomes the proposed easing of our bank secrecy laws as a necessary...
The Philippine Stock Exchange Index (PSEI) fell on Tuesday, Sept. 23, as a deepening corruption scandal involving the legislative and executive branches of government weighed on investor sentiment. The main index plunged by 96.29 points, or 1.55 percent, to close at 6,118.54. Banks suffered the...
The Securities and Exchange Commission (SEC) is giving companies more flexibility in offering securities, particularly in the timing of issuances, as market conditions can be volatile. In line with this, the commission said it has expanded the validity of shelf registration offerings and simplified...
Antonio-led Century Properties Group Inc. has been included in the Financial Times Stock Exchange (FTSE) Global Equity Index Series (GEIS) - Microcap Index effective Monday, Sept. 22. The FTSE Microcap Index is part of the globally recognized FTSE Global Equity Index Series, which serves as a...
The Philippine stock market is seen to try to sustain its strong bounce last week as investors continue to cheer the United States (US) Federal Reserve’s latest policy move and outlook. “Despite last week’s climb, the local market is still undervalued with a price-to-earnings ratio of 10.8...
