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...
LEGAZPI CITY – The Department of Social Welfare and Development in Bicol (DSWD-5) has provided support to the family of two sisters who were murdered in Naga City earlier this week. DSWD-Bicol Director Norman Laurio said the victims were a 27-year-old woman and her 25-year-old sister, one of who...
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....
The Bangko Sentral ng Pilipinas (BSP) order for e-wallets to sever links with online gaming applications has weighed on the earnings of both gaming companies and the e-wallet platforms themselves. Unicapital Securities Inc. Research Analyst Peter Louise D. Garnace said the unlinking of online...
We all look forward to celebrating Christmas and the holidays in December. But for some, it’s a mixed feeling—especially those who have revenue targets to meet, reports to complete, and taxes to comply with. And December often carries the highest financial budget for most companies. Businesses...
The local stock market is poised to gain momentum this week, driven by expected rate cuts from the United States (U.S.) Federal Reserve and the Bangko Sentral ng Pilipinas (BSP), alongside influential domestic labor and foreign investment data. Philstocks Financial Research Manager Japhet...
Ten years ago, my graduate school research proposal aimed to assess the public’s perception of Certified Public Accountants (CPAs). My initial question was why CPAs do not seem to receive the same level of respect accorded to other esteemed professions such as doctors and lawyers. My research...
The Philippine Stock Exchange index (PSEi) fell on Wednesday, Dec. 3, due to the ballooning national debt, weaker peso, and the sudden resignation of Rogelio Singson from the body investigating anomalous flood-control projects. The main index dropped 88.56 points, or 1.48 percent, to close at...
The Philippine Stock Exchange index (PSEi) ended a bit higher on Tuesday, Dec. 2, after listless trading during the day as investors remained cautious ahead of the release of inflation figures for November. The main index inched up by 5.11 points, or 0.09 percent, to close at 5,994.4, mainly due to...
Nov. 23 was a red-letter day for my family. Four days before his birthday, my son, Carl Lorenz Cervantes, launched his book, Sikodiwa: Revisiting Filipino Indigenous Wisdom for Personal and Shared Well-Being, published by North Atlantic Books. It is a proud moment for a parent, naturally. But as I...
LEGAZPI CITY – The Department of Social Welfare and Development (DSWD) in Bicol is providing support to the survivors and families who lost loved ones in a recent deadly collision between a van and a truck in Camalig, Albay. In a report on Monday, DSWD Bicol Regional Director Norman Laurio is...
Investors in the local stock market hope that share prices will sustain last week’s gains as the government is set to announce the November inflation rate this week, which could support a rate cut by the Bangko Sentral ng Pilipinas (BSP). “Whilst hard fought, positive sentiment still took over...
