The Philippine Stock Exchange index (PSEi) recovered some lost ground and rallied as the September inflation rate came in lower than expected. The main index jumped 83.51 points, or 1.39 percent, to close at 6,083.83 on Tuesday, Oct. 7, with banks leading the gains across the board. Volume rose to...
Renewable energy (RE) is gaining bigger share of the country’s power generation mix as gas-fired power development continues to slow down, according to a study by the Institute for Energy Economics and Financial Analysis (IEEFA). In a report, Sam Reynolds of the IEEFA explained that gas-to-power...
Toyota Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of GT Capital Holdings Inc. (GT Capital), has cut short the offer period for its ₱2-billion maiden bond issuance due to strong demand. Originally set to run from Oct. 6 to 13, 2025, the offer period...
Since 2022, artificial intelligence (AI) has begun to transform the Philippine economy—not as a futuristic concept, but as a current and measurable force. Generative AI tools are already reshaping the business landscape, from finance and marketing to logistics and customer service. Local...
The Philippine Stock Exchange index (PSEi) on Monday, Oct. 6, fell after a three-day bounce as investors cashed in on recent gains ahead of the September inflation rate announcement on Tuesday, Oct. 7. The main index plunged 108.54 points, or 1.78 percent, to rest at 6,000.32. Conglomerates and...
Toyota Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of GT Capital Holdings Inc., is raising ₱2 billion through its maiden bond public offering. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital said TFSPH will use the proceeds to further...
Investors are hoping that the Bangko Sentral ng Pilipinas’ (BSP) policy meeting and the domestic inflation rate announcement this week will be the catalyst needed to spur trading activity in the local stock market. “The local market managed to partially recover some lost ground in last week’s...
The local stock market ended the week higher as share prices rose, supported by the strengthening peso. The main index jumped 69.10 points or 1.14 percent to close at 6,108.86 on Friday, Oct. 3, as the Services sector surged while the Mining and Conglomerate sectors declined. Volume dropped to 799...
BACOLOD CITY – The city government will extend financial assistance to the victims of the magnitude-6.9 earthquake that severely impacted northern Cebu province on Tuesday night, Sept. 30. Mayor Greg Gasataya, in a media interview, said that he will meet the City Council to discuss the amount of...
The Philippine Stock Exchange index (PSEi) rose slightly for the second straight day, adding 13.73 points, or 0.23 percent, to close at 6,039.76, but gains were limited due to lack of fresh market leads. The overall volume decreased to 1.52 billion shares, valued at ₱5.56 billion. Decliners edged...
The world is sprinting toward the next industrial revolution. Artificial intelligence (AI), automation, and digital economies are redefining global competitiveness. Nations are racing to scale innovation and secure their place in this new order. And yet, here at home, two of the most basic pillars...
The Philippine Stock Exchange Composite Index (PSEi) finally bounced back after a seven-day decline, as investors were enticed to start bargain hunting following lower stock prices. The main index jumped 72.57 points, or 1.22 percent, to close at 6,026.03 on Wednesday, Oct. 1, with Miners leading...
