The Philippine Stock Exchange index (PSEi) recovered the previous day’s loss on more substantial remittance numbers as well as hopes that the Israel-Iran conflict will de-escalate. The main index added 10.61 points or 0.17 percent to close at 6,3699.19. Industrials led the advance while Banks...
We don 't often hear about tech stories that start right here at home and end up shaping the future beyond our borders. But that 's exactly what 's happening with the recent partnership between Rizal Commercial Banking Corporation (RCBC), Philippine-based Hungry Workhorse, and...
The ongoing war between Israel and Iran pulled down the PSEi as it made investors jittery. The main index dropped 37.01 points, or 0.58 percent, to 6,358.58, although sectoral indices were evenly split. Volume was strong at 1.07 billion shares worth ₱8.82 billion, as losers outnumbered...
Top influencers of investor sentiment this week will be the possible rate cut by the Bangko Sentral ng Pilipinas, overseas Filipino remittances, US-China trade talks, and the increasing tension in the Middle East. “The local market managed to extend its climb last week, backed by optimism on...
The PSEi rose on upbeat United States (US) data and expectations of a Bangko Sentral ng Pilipinas (BSP) rate cut next week, but failed to close above the 6,400-level due to concerns over Israel’s bombing of targets in Iran. The main index added 14.27 points, or 0.22 percent, to close at 6,395.59....
While the Philippines’ exit from the European Union’s (EU) high-risk jurisdictions list is expected to ease the country’s access to the EU financial system, debt watcher Moody’s still urged continued vigilance in sectors such as online gaming and cryptocurrency to ensure it does not return...
The Financial Executives Institute of the Philippines (FINEX) has joined the growing call of the business sector urging lawmakers to proceed with the impeachment trial of Vice President Sara Duterte to uphold the rule of law. In a statement on Friday, June 13, FINEX said it views the impeachment...
VANCOUVER, Canada – The Philippine Independence Day celebration in the Pacific Northwest province of British Columbia is muted this year because of the Lapu-Lapu Festival tragedy here last April. Metro Vancouver has the second-largest Filipino community in Canada next to Greater Toronto, and...
Consumer complaints filed with the Bangko Sentral ng Pilipinas (BSP) surged by 62.3 percent in 2024 to around 70,000 cases, according to officials of the central bank. Of the total number of consumer complaints, 13 percent were categorized as unauthorized transactions, Charina B. De Vera-Yap,...
CEBU CITY – The provincial government of Bohol has released financial assistance to hog raisers affected by the African Swine Flu (ASF). Gov. Aris Aumentado on Monday, June 9, led the distribution of cash assistance amounting to P4.3 million as part of the provincial government’s...
Being debt-free is truly liberating. You 're no longer burdened by repaying principal and interest. Credit card debt is a common trap people fall into. You spend money you don 't have on hand, and using your credit card seems like an easy out. In reality, though, this can send you into a...
The Philippine Stock Exchange index (PSEi) started the week on firmer footing after the government reported higher international reserves, while US and China agreed to more trade talks. The main index added 29.34 points or 0.46 percent to close at 6,406.13 on the back of advances by Conglomerates...
