The PSEi bounced back after Iran made only a token response to the United States (US) bombing of its nuclear facilities and the US announced a ceasefire, although investors’ relief eventually gave way to caution and trimmed intra-day gains. The main index rose by 74.47 points, or 1.2 percent, to...
In today’s digital age, reliable internet access is as essential as electricity and clean water. From remote work and online education to digital banking and telehealth, a stable WiFi connection is no longer a convenience—it’s a lifeline. So what happens when that lifeline is cut? I’ve been...
The Philippine Stock Exchange index (PSEi) plunged in a knee-jerk reaction to the United States’ (US) bombing of Iran’s nuclear facilities, as this may lead to further escalation in the conflict and fuel more oil price hikes. The main index fell by 121.49 points, or 1.92 percent, to close at...
With no major economic data scheduled for release this week, the local stock market is expected to remain weighed down by the ongoing conflict between Israel and Iran and the inflationary effects of its impact on oil prices. Philstocks Financial Research Manager Japhet Tantiangco said the local...
The Philippine stock market ended the week lower, as investors worried about the inflationary effects of higher oil prices due to the Israel-Iran conflict, coupled with a weaker peso. The main index shed 17.24 points, or 0.27 percent, to close at 6,339.77 on Friday, June 20. The Industrial sector...
Local stocks rose as investors anticipate a rate cut by the Bangko Sentral ng Pilipinas, which is seen to lower the cost of money and boost consumer and corporate spending. The main index added 19.58 points or 0.31 percent to close at 6,357.01 on Thursday, June 19, as Banks led the advance while...
Psalm 24:1 states, “The earth is the Lord’s, and everything in it.” Last May, WomenBiz Director Alpha Allanigui invited me to speak to the Super Moms group on money and finance, a topic I 'd like to share here. Money deeply affects our emotions. We feel happy when we have it and worried...
DAVAO CITY – The city government of Mati awarded a total of P750,000 in financial assistance to two farmers’ associations to bolster agricultural productivity and promote self-sufficiency. The Buso Farmers Association Cluster 1 and Cluster 2, each comprising 25 members, received P375,000 each...
The PSEi dropped amid see-saw trading this week—volatility is being fed by the Israel-Iran conflict even as investors wait for word from the United States (US) and Philippine central banks, which will hold policy meetings this week. The main index lost 31.76 points, or 0.5 percent, to close at...
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...
