Large companies' heavy reliance on bank loans, particularly from major local banks, could amplify vulnerabilities within the Philippine financial sector, according to the 2024 Financial Stability Report (FSR). "Corporates’ heavy reliance on bank funding could amplify credit risks to the financial...
The local stock market resumed its downward trend after a minor pause the previous day as Trump's tariff pronouncements continue to unnerve investors. The PSEi lost 26.54 points or 0.43 percent to close at 6,139.51 although sector indices were equally divided. Volume dipped to 828 million...
The Energy Regulatory Commission (ERC) and the Securities and Exchange Commission (SEC) launched a program designed to encourage power sector players to go public and comply with the Electric Power Industry Reform Act of 2001 (EPIRA). On Thursday, March 27, the ERC and SEC jointly launched SEC...
The Securities and Exchange Commission (SEC) is not abandoning the 20-percent minimum public ownership of rule for initial public offerings (IPOs), although it has approved the plan of the Philippine Stock Exchange (PSE) to relax its implementation of this requirement to make it easier for large...
The Philippine Stock Exchange index (PSEi) managed to stay above the red line on late bargain-hunting as investors start betting on a rate cut next month. The main index added 6.20 points or 0.10 percent to close at 6,166.05 as the Services sector led the advance while Conglomerates and...
The Philippine Stock Exchange index (PSEi) declined for the third straight session as investors continue to fret over possible impact of Trump’s tariff plans. The main index shed 32.17 points or 0.52 percent to close at 6,159.85 as the Mining counter led losses while Property and Services managed...
The PSEi fell at the close of a trading day shortened by almost two hours due to technical issues, as investor confidence continues to be buffeted by politico-economic issues overseas. The main index dropped 74.73 points, or 1.19 percent, to close at 6,192.02, with the retreat across the board led...
Trading on the Philippine Stock Exchange (PSE) finally began after a delay of almost two hours due to connectivity issues. PSE President Ramon S. Monzon said that the adjusted schedule for the market phases this morning included the pre-open at 11:05 a.m. and the market open at 11:10 a.m. Trading...
As of 10:50 this morning, trading at the Philippine Stock Exchange has yet to open “due to a system connectivity issue that is currently being resolved.” “Kindly standby for further announcements,” said PSE President and CEO Ramon S. Monzon.
The stock market is seen to remain volatile amid uncertainty caused by US President Donald Trump’s tariff policies, as their impact may affect policy moves by the Federal Reserve. The Fed unanimously voted to keep rates unchanged at 4.5 percent for the second straight meeting of 2025,...
The local stock market closed the week in the red, following overnight losses in the US, as investors grappled with uncertainty over Trump’s tariff policy. The main index dropped 56.38 points or 0.89 percent to close at 6,266.75 on Friday, March 21, as Property firms and Conglomerates led the...
VisMin developer Cebu Landmasters Inc. (CLI) has raised ₱5 billion from the issuance of sustainability-linked bonds (SLB) that will be used to build 16,000 affordable homes. In an interview after the listing of the bond at the Philippine Dealing & Exchange Corp. (PDEx), CLI Executive Director...
