Ayala-led Globe Telecom Inc. saw its net income expand in the first quarter of the year as its equity stake in Mynt, the holding company of popular e-wallet GCash, continued to pay off even after the dilution of its share. In a regulatory filing published on its website, Globe reported that its net...
The local stock market ended the week higher as investors cheered to announcement of a trade deal between the US and the UK. The main index jumped 68.71 points or 1.08 percent to close at 6,458.20 as Conglomerates led the advance while Miners declined with weaker gold prices. Volume grew to 738...
DAVAO CITY – The Davao City Council passed on second reading on Tuesday, May 6, a proposed ordinance that would increase the annual financial assistance for senior citizens from P1,500 to a maximum of P3,000. Councilor Pilar Braga, chairwoman of the Committee on Education, Science and...
The local stock market weakened after first quarter economic growth was slower than the government’s target while the Fed did not cut its policy rates. The main index dropped 75.96 points or 1.17 percent to close at 6,389.49 with Conglomerates leading the retreat across the board. A total of 733...
An internet search will easily yield a wide variety of answers about the learning process, but I want to share my own experience and approach to succeeding in it. It really starts with the goal, or what you want to learn or know. From there, you need to gather information about the subject. Once...
The PSEi rallied on expectations of a US trade deal coupled with upbeat first quarter earnings reports. The main index jumped by 102.80 points or 1.64 percent to close at 6,354.99 with the Property sector and Banks leading the charge although the Services and Mining counters dropped. Volume rose to...
Financial technology firm Skyro Lending, Inc. reported that it is slowly gaining traction from local and international banks to help finance its business growth throughout this year. In a roundtable discussion on Tuesday, April 29, Nasim Aliev, co-founder and co-chief executive officer of Skyro,...
The Philippines reported a robust 5.6 percent gross domestic product (GDP) growth in 2024—the highest in the ASEAN region. From 2021 to 2023, the country also allocated the highest national budgets among ASEAN nations (surpassing even Singapore) and tied for second with Malaysia in 2025, just...
The local stock market declined as some investors took profits while waiting for fresh leads although this was partly offset by the start of window-dressing before April ends. The main index shed 19.25 points or 0.31 percent to close at 6,249.50, pulled down by the retreat of Banks while...
Stock investors are seen to remain cautious, despite last week’s strong performance, and will continue to watch for developments related to US trade and tariff negotiations although the start of the first quarter earnings season may inject some life into the local mark” “The local market rose...
The Philippine Stock Exchange index (PSEi) edged higher, buoyed by gains in US markets, a strengthening peso, and positive corporate earnings. The benchmark index climbed by 22.89 points or 0.37 percent to finish at 6,168.48 on Wednesday, April 23, although sectoral indices showed a mixed...
The PSEi dropped on profit-taking as investors held on to cash ahead of the Lenten break. The main index fell by 57.50 points or 0.93 percent to close at 6,128.60 as the Services counter led the retreat while only Miners managed to advance. Volume remained thin at 951 million shares worth P4.21...
