Vice presidential aspirant Senate President Vicente Sotto III on Monday vowed to push for the creation of a database of farmers and other cottage industry players in the Philippines for the proper identification and distribution of government assistance. media Sotto said it is imperative for the...
The local stock market weakened further as the situation at the Russian and Ukranian border continue to heat up. The main index lost 46.54 points or 0.63 percent to close at 7,372.25 although sectoral indices were evenly mixed as conglomerates fell while property firms rally. Volume rose to 1.4...
The Pasay City government will start the distribution of financial assistance to around 13, 390 elementary and high school students on Monday (Feb. 21). Mayor Emi Calixto-Rubiano said each student will receive P4,000 cash aid covering the period of September to December 2021. The distribution of...
The Philippine Stock Exchange index ended slightly lower after a day of volatile trading. The main index dipped 13.89 points or 0.19 percent to close at 7,438.93 with sectoral indices evenly mixed. Volume dropped to 911 million shares worth P6.82 billion as gainers outpaced losers 107 to 77 with 56...
The local stock market bounces back following positive news overseas and in the domestic front. The main index jumped 142.88 points or 1.96 percent to close at 7,452.82 with the Property and Services sectors leading the rally across the board. Volume rose to 1.16 billion shares worth P9.53 billion...
Local share prices weakened amid growing tension between Russia and Ukraine as well as lingering concern over US interest rates. The PSEi shed 52.21 points or 0.70 percent to close at 7,309.94 as the Property sector led the retreat while the Holding Firms and Mining and Oil counters posted gains....
The local bourse started the week on a positive note as investors picked up cheaper stocks. The main index rose 90.79 points or 1.25 percent to close at 7,361.15 as Holding Firms led the advance although the Industrial and Mining and Oil counters lagged behind. Volume was high at 1.19 billion...
This week, investors will be taking cues from corporate earnings reports, hints on local and US policy rates, and the government’s decision on whether to further relax quarantine restrictions. “The government’s decision on the alert level restrictions in the country for the 2nd half of...
Local share prices fell after the US inflation rose and raised fears of interest rate hikes. The main index plunged 162.26 points or 2.18 percent to close at 7,270.36 as Holding Firms and Banks led the retreat although the Property sector held its ground. Volume surged to 1.93 billion shares worth...
Yuchengco-led Rizal Commercial Banking Corporation’s (RCBC) unique innovations and synergized collaborations have successfully pushed financial inclusion as it notes a five-digit growth in both transaction volume and value, through its digital platforms as of end-2021. DiskarTech, touted as the...
The local stock market declined after the resistance felt at the 7,500 triggered some profit-taking. The main index lost 69.86 points or 0.93 percent to close at 7,432.62 as the Holding Firms and Services sectors led the retreat although the Mining and Oil counter surged and Property stocks also...
64897 Tonik Financial Pte Ltd (“Tonik”), the parent company of Tonik Digital Bank in the Philippines, announced today that it closed a US$131M round of Series B equity funding. The round was led by Mizuho Bank, which is one of the largest Japanese banking groups and a Top 10 bank by assets in...
