With the conclusion of the first-quarter earnings season, the local stock market is seen turning more bearish as investors take profits from recent gains, with sentiment dampened by the weaker peso, local politicking, and the unresolved Middle East conflict. “The local market has shown positive...
Local stocks retreated on Friday, May 15, pulling the benchmark index back below the 6,000 psychological threshold as sliding peso and cooling remittance data prompted investors to reduce exposure ahead of the weekend. The Philippine Stock Exchange index (PSEi) fell 38.26 points, or 0.64 percent,...
Robinsons Retail Holdings Inc. (RRHI), the multi-format retailer controlled by the Gokongwei family, is seeking to exit the Philippine Stock Exchange (PSE) by July 28, 2026, provided its controlling shareholders can consolidate enough shares to trigger a voluntary delisting. The company has filed a...
BACOLOD CITY – At least 2,111 Public Utility Jeepney (PUJ) drivers in this highly urbanized city received cash relief assistance (CRA) from the Department of Social Welfare and Development-Negros Island Region (DSWD-NIR) starting Thursday. The three-day payout is being held at SM City Bacolod...
FinVolution Group launches the luvit Card in the Philippines, giving Filipinos a fast, flexible, and accessible way to pay online and in stores The luvit Card is a Mastercard-powered credit card designed for everyday Filipinos who want a simpler, faster way to access credit. The luvit Card is...
Local equities market climbed back above the key psychological threshold on Thursday, May 14, as late-session bargain hunting offset persistent anxiety over macroeconomic pressures and geopolitical volatility. The Philippine Stock Exchange index (PSEi) advanced 68.25 points, or 1.15 percent, to...
The Bangko Sentral ng Pilipinas (BSP) is moving to finalize a World Bank-backed roadmap for financial education this year, seeking to bolster the savings and investment habits of Filipinos as the country pursues deeper economic inclusion. In a May 14 statement, the BSP said the central bank is...
The modern marketer is changing fast, and I do not think many organizations fully realize how deep that shift is. For years, companies built marketing teams around specialization. One person handled branding; another focused on advertising. Others owned communications, social media, events,...
The Philippine Stock Exchange index (PSEi) dropped further on Wednesday, May 13, due to mixed corporate earnings results as well as uncertainty in the Middle East and in local politics. The main index lost 25.2 points, or 0.42 percent, to end at 5,946.78. The industrial sector led the decline,...
Local equities retreated as the breakdown in diplomatic efforts between Washington and Tehran sent oil prices higher and weighed on the local currency. The benchmark Philippine Stock Exchange index (PSEi) fell 14.87 points, or 0.25 percent, to close at 5,971.98 on Tuesday, May 12, snapping a brief...
The provincial government of La Union has started the distribution of cash assistance to 209 farmers and fisherfolk as the first batch of recipients affected by super typhoon ‘’Uwan’’ (international name ‘’Fung-Wong’’) last year and amid the rising fuel costs. The first batch are...
The Philippine Stock Exchange index (PSEi) rose on Monday, May 11, on bargain hunting—particularly in stocks that posted encouraging first-quarter performances. The main index added 25.88 points, or 0.43 percent, to close at 5,986.85. The property sector led the advance, while conglomerates and...
