The local stock market fell as investors fret over rising COVID-19 cases and as more areas are put under more stringent quarantine measures. PSEI-NEW-PHOTO-1024x683 The main index dropped 74.41 points or 1.05 percent to close at 7,011.11 as the Property sector led the retreat across the board....
The local stock market closed slightly lower after bargain hunters bought up shares late in the session. Philippine Stock Exchange index (PSEi) The main index shed 5.88 points or 0.08 percent to close at 7,085.52 although only the Holding Firms counter managed to advance while the Services sector...
The local stock market bounced back from early losses after the government announced that the inflation rate has eased. The main index rose 50.13 points or 0.71 percent to close at 7,091.40 as the Services and Financials counters led the advance while the Industrial and Property sectors retreated...
Senator Sherwin Gatchalian is now seeking a in-depth Senate probe into the online bank hacking incident and the spate of spam text messages that occurred late last year. Gatchalian, in filing Senate Resolution No. 961, said it is imperative that the Senate investigates the proliferation of...
The local stock market kicked off the new trading year in the red due to concerns over the rising number of COVID cases, specially in Metro Manila. The main index dropped 81.36 points or 1.24 percent to close at 7,041.27 as the Property sector led the retreat although the Mining and Oil counter...
The local stock market is in for a bumpy ride this year as it will kick off with concerns over a surge in COVID-19 cases possibly due to the highly-transmissible Omicron variant plus the volatility due to the coming elections. “In the latter part of 2021, fears have fueled on the Omicron variant...
The Philippine stock market benchmark index PSEi plunged 2.89 percent on the last trading day of 2021 to 7,122.63. This drop pulled the index to slightly lower than its 7,139.71 close in 2020 when the market was also reeling from the impact of the pandemic. The All Shares index shed 10.6 percent...
The local stock market plunged on the last trading day of the year on fears that the recent rise in COVID-19 cases is the start of a new surge of infections due to the Omicron variant. The PSEi fell 211.93 points or 2.89 percent to close at 7,122.63 as Holding Firms and Banks led the retreat across...
Over 4.7 million workers in the formal and informal sectors who have been affected by the ongoing COVID-19 pandemic received aid from the Department of Labor and Employment (DOLE) this year. Labor Secretary Silvestre Bello III leads the payout of salaries to 1,500 beneficiaries under the Tulong...
In an effort to strengthen to financial literacy in basic education, the Department of Education (DepEd) launched a search for best supplemental learning materials. JOJO RINOZA / FILE PHOTO / MANILA BULLETIN In partnership with the BDO Foundation Inc. and Huawei Technologies Phils. Inc., DepEd said...
The Muntinlupa City government has identified more local government units (LGUs) that will benefit from its P20 million financial assistance to areas hit by typhoon “Odette.” Mayor Jaime Fresnedi signed Ordinance No. 2021-303 on Dec. 24 allotting P20 million financial assistance to 38 LGUs...
The PSEi breached the 7,300 level as investors easily pushed up share prices amid thinning volume. The main index rose 48.06 points or 0.66 percent to close at 7,334.56 as the Mining and Oil and Property sectors led the rally although the Holding Firms’ counter slipped into the red. Volume dipped...
