The local stock market started the week lower as investors fret over the rising COVID cases in the country. The main index lost 41.55 points or 0.63 percent to close at 6,592.67 with only the Industrial and Services counters advancing. 28023 Volume was steady at 1.94 billion shares worth P6.29...
The distribution of the national government’s “ayuda” or financial assistance under the enhanced community quarantine (ECQ) has reached 55 percent in Muntinlupa. According to the Muntinlupa City government, as of Aug. 21, a total of P243,301,000 was released to beneficiaries in the city. A...
Some 28 business and professional organizations in the country have expressed strong support as they called to uphold the independence of the Commission on Audit, which has uncovered “deficiencies” in its audit on the way government funds were being appropriated by government agencies. “We,...
The local stock market finally gave way to profit-taking to end the last day of an upbeat week in the red. The main index dropped 85.29 points or 1.27 percent to close at 6,633.22 as the Holding Firms and Property counters led all sub indices in the retreat. 27538 Volume was steady at 2.04 billion...
The Department of Social Welfare and Development (DSWD) assured the public Thursday, Aug. 19, that the P5.3-million worth of financial aid given to 330 former rebels in Caraga Region was accounted for, and that it was coordinating with the Department of Interior and Local Government (DILG) to...
The local stock market managed to end higher even after posting losses early in the trading due to a downgrade in the country’s growth target by the government. The main index advanced 38.33 points or 0.57 percent to close at 6,718.51 as Holding Firms continue lead forward with only the...
The local stock market rallied for the third day as investors are becoming more optimistic over the country’s COVID situation. The main index jumped 118.77 points or 1.81 percent to close at 6,680.18 led by the Holding Firms and Property counters although the Mining and Oil sector continued to...
The local stock market added more gains following better remittances data and in anticipation of positive earnings reports from overseas. The main index hiked 47.73 points or 0.73 percent to close at 6,562.41 as the Property sector continued to lead the advance while the Mining and Oil counter was...
The Muntinlupa City government has already distributed 42 percent of the national government’s “ayuda” or financial assistance released for individuals affected by the Enhanced Community Quarantine (ECQ) in the National Capital Region (NCR). As of Aug. 16, P186.174 million has been released...
The local stock market jumped as investors scooped up bargains following last Friday’s huge drop in share prices. The main index rose 193.49 points or 3.06 percent to close at 6,513.68 as the battered Holding Firms sector led the rally with only the Mining and Oil counter retreating. 26645 Volume...
Concern over the surge in COVID cases will be foremost in the minds of stock market investors this week, although the government is also set to release data on remittances and balance of payments. “While we may see some bargain hunting in the early part of this week following last Friday’s...
The pandemic lockdowns wrought havoc on PT&T Corporation's micro, small and medium enterprise (SME/MSME) clients although the telco managed to boost revenues by seven percent to P221 Million in the first half of 2021 versus the same period last year as its subscriber base modestly increased 15...
