BACOLOD CITY – The Department of Social Welfare and Development (DSWD)-Western Visayas has turned over financial assistance amounting to P971,364 to more than 1,000 individuals displaced by the series of armed conflict in two localities in northern Negros Occidental last week. MORE than 1,000...
The local stock market declined after a positive start as investors chose to pocket gains while waiting for fresh economic data. The main index dropped 21.72 points or 0.31 percent to close at 6,891.49 although sectoral indices were equally divided. Volume remained thin at 677 million shares worth...
Currently on a five-week winning streak, the local stock market will be looking to large-cap earnings reports to see if the 7,000 resistance level will be breached this week. “The local market is already running on a 5-week winning streak with a total gain of 6.30 percent. Chartwise, the market...
The PSEi surged to 6,990 in the morning session on upbeat sentiment but the rally lost steam as investors cashed out for the weekend. The main index still managed to add 10.06 points or 0.15 percent to close at 6,913.21 led by the Industrial sector although Conglomerates and Mining firms retreated....
Sen. Mark Villar emphasized the stronger provisions provided under Anti-Financial Account Scamming Act or AFASA that will arm the country’s financial institutions with heightened risk management systems, power, and authority to manage the financial transactions of account owners which are poised...
The local stock market inched up to the 6,900 level although some investors have started profit-taking. The main index added 5.79 points or 0.08 percent to close at 6,903.15 with sectoral indices equally divided. Volume was stable at 529 million shares worth P4.92 billion as gainers outnumbered...
Senator Grace Poe said the passage of Senate Bill No. 2560 or the Anti-Financial Account Scamming Act into law is necessary to protect Filipinos’ hard-earned money as more shift to online banking and digital payments. “They say that there are only two certain things in life: death and...
The Philippine Stock Exchange Index (PSEi) rose on the back of strong corporate earnings as well as hopes that the Bangko Sentral ng Pilipinas (BSP) will cut rates soon. The main index moved up 42.70 points or 0.62 points to close at 6,897.36 as the Property counter led with a strong recovery while...
The local stock market rebounded after two days of profit taking on renewed rate cut hopes. The main index rose by 56.05 points or 0.82 percent to close at 6,854.66 as the Services sector led the advance although the Industrial and Mining counters continued to retreat. Volume improved to 520...
The local stock market fell as investors continued to take profits made during the recent rally. The main index lost 74.62 points or 1.09 percent close at 6,798.61 as the Property counter led all sectors in the retreat. Volume was thin at 637 million shares worth P4.22 billion as losers whalloped...
Indigent Filipinos in need of medical treatments can now rely on increased support from the national government, the Department of Budget and Management (DBM) said. This year, indigent patients are set to benefit from a substantial boost, with the government allocating over P58 billion in financial...
While there is already some selling pressure, the local stock market is seen to retest the 7,000 resistance level this week as sentiment remains bullish on the back of good economic numbers. Philstocks Financial Research Manager Japhet Tantiangco said, “the local market remained bullishly...
