President Marcos has encouraged the financial technology sector to continue working towards making the country a fintech innovation hub. In his speech at the opening of the Manila Tech Summit 2025 in Taguig City on Aug. 26, Marcos conveyed his vision about the Philippines being a financial...
In a sunlit room at the RCBC Plaza’s Case Room on Aug. 29, 2025, a mix of banking executives, retail strategists, and technology leaders will gather, not for another networking lunch, but to mark the launch of a program that could reshape how customer data drives business in the Philippines....
The local stock market is poised for a potential rally as bargain-hunting is expected, fueled by recent gains in United States markets on signals of an upcoming rate cut from the US Federal Reserve, which aligns with investor anticipation of a policy rate reduction from the Bangko Sentral ng...
The local stock market was little changed Friday, Aug.22, as investors waited for the Bangko Sentral ng Pilipinas (BSP) interest rate cut expected next week. The Philippine Stock Exchange Index (PSEi) edged up 3.71 points, or 0.06 percent, to close at 6,281.58. The interest-rate sensitive property...
When Nickel Asia Corp. (NAC) President Martin Antonio “Dennis” Zamora suggested a visit to TBEA, a solar energy company in China, I knew it would be an interesting learning trip. In early August, the NAC Board and executives flew to Beijing for committee meetings at the Shangri-La. The next...
The main index of the Philippine Stock Exchange (PSEi) ended on Wednesday, Aug. 20, flat as investors awaited the results of the Federal Reserve meeting before making any major moves. The PSEi eked out a marginal gain of 0.2 points, or 0.003 percent, to close at 6,277.87. Sectoral indices were...
Sumitomo Mitsui Financial Group Inc. (SMFG), through Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) is acquiring a 30-percent equity stake in RCBC Leasing and Finance Corp. (RLFC) of Yuchengco-led Rizal Commercial Banking Corp. (RCBC). In a disclosure to the Philippine Stock Exchange (PSE),...
The Philippine Stock Exchange index (PSEi) dipped as investors continued to wait for market-moving news. The main index shed 11.21 points, or 0.18 percent, to close at 6,277.67 on Tuesday, Aug. 19. The Services counter led the decliners, while the Conglomerates and Mining sectors managed to...
The Philippine Stock Exchange index (PSEi) started the week on a soft note as share prices declined amid a lack of fresh catalysts. The main index dropped 27.05 points, or 0.43 percent, to close at 6,288.88. Sectoral indices were mixed. Volume declined to 747 million shares worth ₱6.18 billion,...
After the end of the second quarter earnings season, local stock market investors will still be shifting through financial reports while also keeping an eye on the impact of the new Philippine Stock Exchange index composition. “The market will be closely watching the upcoming PSEi rebalancing set...
The Philippine Stock Exchange composite index (PSEi) ended the last trading day of the week on the upside after investors picked stocks later in the session on news of stronger remittances. The main index added 24.08 points, or 0.38 percent, to close at 6,315.93. The industrial sector led the...
Securities and Exchange Commission Chairman Francis Ed. Lim urged the country’s leading financial executives to demonstrate ethical leadership, as the Philippine capital market has lagged behind its regional counterparts due to a lack of integrity. “Integrity is the invisible currency of our...
