The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level on Thursday, Sept. 25, weighed down by the continued weakness of the peso and investor caution amid ongoing Senate hearings on corruption allegations. The main index lost 66.44 points, or 1.09 percent, to close at 6,042.28. The...
The Philippine business community is in synch with other sectors of Filipino society in condemning those responsible for the trillion-peso flood control projects scandal. Many industry groups, including the Financial Executives Institute of the Philippines, have expressed their outrage and disgust...
The Philippine Stock Exchange index (PSEi) continued its descent as the peso weakened, with investors awaiting positive news amid a corruption scandal. The main index shed 9.82 points, or 0.16 percent, to close at 6,108.72 on Wednesday, Sept. 24, as the Property sector led the decline among all...
The Philippine Stock Exchange Index (PSEI) fell on Tuesday, Sept. 23, as a deepening corruption scandal involving the legislative and executive branches of government weighed on investor sentiment. The main index plunged by 96.29 points, or 1.55 percent, to close at 6,118.54. Banks suffered the...
It is a sorry sight to see simple problems addressed by irrational and complex solutions that take an inordinate amount of time to fix, cost a tremendous sum, and still fail to function as intended. Consider a beautiful, single-level light structure with a floor area of roughly 300 square meters. A...
Antonio-led Century Properties Group Inc. has been included in the Financial Times Stock Exchange (FTSE) Global Equity Index Series (GEIS) - Microcap Index effective Monday, Sept. 22. The FTSE Microcap Index is part of the globally recognized FTSE Global Equity Index Series, which serves as a...
The Philippine stock market is seen to try to sustain its strong bounce last week as investors continue to cheer the United States (US) Federal Reserve’s latest policy move and outlook. “Despite last week’s climb, the local market is still undervalued with a price-to-earnings ratio of 10.8...
The local stock market ended the week at a high note as investor sentiment improved amid expectations of more rate cuts coupled with a steady credit rating for the Philippines. The main index added 30.87 points, or 0.5 percent, to close at 6,264.49 on Friday, Sept. 19. Sectoral indices were evenly...
For years now, countries around the world have been grappling with the problems of climate change. I’ve always thought that not enough people were truly paying attention to its negative effects. It was a personal belief of mine that people talked about it as if it were just another school...
The Philippine Stock Exchange index (PSEi) rose further on Wednesday, Sept. 17, on hopes that the Bangko Sentral ng Pilipinas (BSP) will slash rates further in tandem with the United States Federal Reserve (US Fed). The main index jumped by 61.92 points, or 1.01 percent, to close at 6,210.66. The...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Tuesday, Sept. 16, as investors started bargain hunting, sparked by the possible inclusion of the Philippines in a JPMorgan bond index as well as the expected United States (US) rate cut. The main index surged by 91.31 points, or...
The Philippine Stock Exchange index (PSEi) fell on Monday, Sept. 15, weighed down by weakening peso and growing concerns over protests against corrupt politicians, public officials, and contractors. The main index lost 51.78 points, or 0.85 percent, to close at 6,057.43. Banks led the retreat,...
