The Philippine Stock Exchange index (PSEi) dipped on Tuesday, July 28, after President Ferdinand Marcos Jr.’s State of the Nation Address (SONA) last Monday, July 27, failed to distract investors from concerns over the Middle East and upcoming corporate earnings reports. The main index shed 10.87...
DigiPlus Interactive Corp. is facing an escalating threat to its dominant position in the local digital gaming market as traditional land-based casinos launch competing online platforms to capture market share. “Competition… has been becoming more fierce with new players beginning [their]...
The Philippines is rightly trying to attract data centers, cloud platforms, and artificial intelligence investments. These projects can create jobs, deepen the country’s digital capabilities, and position us more strongly in the regional technology economy. But a data center cannot be built...
The Philippine Stock Exchange index (PSEi) rose on Monday, July 27, after the halt in hostilities in the Middle East prompted some investors to start bargain-hunting. The main index gained 33.89 points, or 0.54 percent, to close at 6,314.90. Miners led the advance, while conglomerates and...
Local equities face heightened downside risks this week as the worsening Middle East conflict sparks energy price spikes, compounding domestic growth and inflation worries. Escalating tensions involving the United States (US), Iran, and Yemen-based Houthi militants have driven global oil benchmark...
SM Investments Corp. (SMIC)-backed PayRex is expanding in the local market with an approach that bypasses the growth-at-all-costs gospel of the financial technology (fintech) sphere. Instead, it favors the unglamorous over the flashy, and resilience over explosive expansion. Jaime Hing III,...
The Philippine Stock Exchange index (PSEi) dipped on Friday, July 24, as share prices fell amid concerns over rising oil prices and the higher tariff the United States (US) slapped on Philippine goods. The main index shed 2.11 points, or 0.03 percent, to close at 6,281.01. Sectoral indices were...
Senator Mark Villar on Friday, July 24, welcomed the early gains of the Anti-Financial Account Scamming Act (AFASA), saying the law is now delivering concrete results in the country 's campaign against online financial crimes. Citing data from the Bangko Sentral ng Pilipinas (BSP), Villar...
The Philippine Stock Exchange index (PSEi) was slightly higher on Thursday, July 23, as some investors started bargain hunting despite rising oil prices because of the United States (US)-Iran war. The main index added 15.27 points, or 0.24 percent, to close at 6,283.12. Banks led the advance, while...
Victims of certain unauthorized digital transactions in the country could soon see their money returned, as banks and e-wallet providers face new potential obligations to reimburse account holders following the expiration of the fraud-prevention deadlines. One year since the Anti-Financial Account...
Many people believe that risk management is only for publicly listed companies or large corporations. Ironically, the opposite is true. Risk management may be even more important for micro, small, and medium enterprises (MSMEs), which typically have fewer financial resources to absorb unexpected...
While stock analysts expect Maynilad Water Services Inc. to be a shoo-in for the Philippine Stock Exchange index (PSEi) next month, the bourse’s revamped criteria for index inclusion are expected to make Aboitiz Power Corp. (AboitizPower) and Synergy Grid & Development Philippines Inc. (SGP)...
