With the local stock market stuck in the doldrums, investors are hoping that the July remittance numbers and the expected US Federal Reserve rate cut will overcome political noise and spur investor sentiment. “Global markets enter the week with focus squarely on the Fed 's September 17-18...
The Philippine Stock Exchange index (PSEi) closed slightly higher Thursday, Sept. 11, as investors maintained a wait-and-see stance ahead of the US inflation report for August. The main index added 6.8 points, or 0.11 percent, to finish at 6,126.89. While the Banks and Services sectors advanced,...
The Philippine Stock Exchange index (PSEi) closed just a couple of points lower on Wednesday, Sept. 10, after the government reported a drop in jobs data. The main index shed 2.62 points, or 0.04 percent, to close at 6,120.09. The Services sector led the decline, while the Property and Banking...
The Philippine Stock Exchange index (PSEi) moved up slightly as prospects of a United States (US) rate cut led to some bargain hunting. The main index added 20.85 points, or 0.34 percent, to close at 6,122.71. Miners led the advance, rallying on higher gold prices, while industrials lagged behind....
When I graduated from the Asian Institute of Management in the 1980s, I received a call that would quietly alter the trajectory of my professional life. Dr. Mari-Jo Panganiban Ruiz, then chair of the Management Engineering Department at the Ateneo de Manila University, asked if I could take over a...
The Philippine Stock Exchange index (PSEi) dropped on Monday, Sept. 8, as investors took profits and focused on the ongoing hearing into alleged corruption in flood control projects. The PSEi fell by 47.27 points, or 0.77 percent, to close at 6,101.86. The Bank and Conglomerate sectors led the...
RCBC Leasing and Finance Corp. (RLFC), a wholly owned subsidiary of Rizal Commercial Banking Corp.(RCBC), is using fresh capital infused by Japan’s Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) to fund its nationwide expansion in the next five years. Last month, RLFC and SMFL...
Pasig City Mayor Vico Sotto briefly explained on Sunday, Sept. 7, how the city government allocates financial aid to its barangays -- an initiative aligned with his administration 's mandate to uplift the lives of Pasigueños and advance his anti-corruption campaign. According to him, the...
The local stock market extended gains as investors continued to pick up bargains after the August inflation rate, while higher, came within target. The main index rose by 42.21 points, or 0.69 percent, to close at 6,149.13. The services sector led the advance, although banks dipped slightly. Volume...
How influential are influencers? With the rise of social media and its mixed demographics, the younger generation still dominates the audience and supporters of influencers. The influencer sphere is not only growing but expanding exponentially. Recently, companies have been using influencers to...
The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level after breaching its support on Wednesday, Sept. 3, as political noise and US tariff issues continue to dampen investor sentiment. The main index closed at 6,082.93, down 45.96 points or 0.75 percent. The Property sector led the...
The local stock market dipped due to the weaker peso and lower manufacturing data amid concern over massive corruption in flood control projects. The main index shed 11.46 points, or 0.19 percent, to close at 6,128.89. Half of the sectoral indices were in the green. Volume was higher but still...
