The Philippine Stock Exchange index (PSEi) dropped after the Bangko Sentral reported that foreign direct investments slid in the first quarter of the year. The main index lost 58.46 points, or 0.91 percent, to close at 6,347.67, as Banks led the retreat across the board. Volume rose to 1.45 billion...
New Securities and Exchange Commission (SEC) Chairman Francis Ed. Lim President aims to transform the commission into “a no-nonsense regulator—firm when necessary, but always fair, efficient, reliable, and professional.” Lim officially took over on June 10, 2025, from Emilio B. Aquino after...
The Philippine Stock Exchange index (PSEi) started the week on firmer footing after the government reported higher international reserves, while US and China agreed to more trade talks. The main index added 29.34 points or 0.46 percent to close at 6,406.13 on the back of advances by Conglomerates...
The Makati City Regional Trial Court has upheld the conviction of the officers of the delisted Calata Corporation for making misleading statements about its supposed Mactan Leisure City project, which led to a surge in the trading of its shares in 2016. In a consolidated order dated May 19, Branch...
The Philippine stock market is expected to continue moving sideways this week after benign inflation failed to spur a rally, although some investors will take cues from data to be released by the Bangko Sentral ng Pilipinas, including foreign direct investment and balance of payment numbers....
The Philippine Stock Exchange reported that a number of accounts opened with its trading participants jumped by 50.1 percent to 2.86 million last year from 1.91 million in 2023, due to a 62.0 percent surge in online accounts to 2.47 million from 1.53 million. “This 50 percent jump in number of...
The Securities and Exchange Commission (SEC) credited outgoing Chairperson Emilio B. Aquino for championing reforms that paved the way toward a more business-friendly and innovative corporate sector and efficient capital market. “When I started my term, I envisioned an SEC that empowers...
The Philippine Stock Exchange, Inc. (PSE) thanked President Ferdinand R. Marcos Jr. for signing into law R.A. No. 12214 or the Capital Markets Efficiency Promotions Act (CMEPA). “The immediate reduction of the stock transaction tax (STT) to 0.1 percent from 0.6 percent is a much-awaited reform...
The Philippine Stock Exchange is seeking input from select market players on proposed changes to the criteria for inclusion in the bourse’s benchmark and other indices, but a leak resulted in a plunge in the share price of China Banking Corporation. The proposal sent to some fund managers as well...
The Philippine Stock Exchange index (PSEi) ended the day almost flat despite the announcement of a low inflation rate for May, as this was already expected and priced in by the market. The main index shed 1.77 points or 0.03 percent to close at 6,376.79, although only Banks declined, while the...
GCash will now provide Filipino investors with access to the largest global stocks, following the Securities and Exchange Commission 's (SEC) approval of the fintech 's regulatory sandbox for its stock trading service. “This initiative marks a pioneering step toward making global...
The Securities and Exchange Commission (SEC) boasts of a seven-year streak in receiving a good housekeeping mark from the Commission on Audit (COA), with unmodified opinions for its financial statements, under the leadership of Chairperson Emilio B. Aquino. The Commission on June 2 received...
