The Philippine Stock Exchange index (PSEi) is still in the red on Tuesday, Sept. 30, as share prices dropped due to the weak peso and domestic uncertainties. The main index lost 44.14 points, or 0.74 percent, to close at 5,953.46. The property sector led the retreat, while miners and banks...
We cannot do the same things and achieve different results. Today, the Philippine scenario is a “perfect crime” scene for government contracts. Right from the start, the development councils hardly matter. It’s the influential politicians and their executive agency cohorts who determine the...
The Philippine Stock Exchange index (PSEi) dropped for the sixth straight session, breaking below the 6,000 level, as investors worried about the weak peso, the impact of corruption on infrastructure spending, and general weak investor confidence in the economy. The main index shed 29.52 points, or...
Following a week-long decline, the local stock market may experience some bargain-hunting despite prevailing bearish sentiment, with investors likely to interpret the S&P Global Philippines Manufacturing PMI and US jobs and PCE inflation data for cues. “The local market is still moving with a...
BACOLOD CITY – The Department of Social Services and Development (DSSD) in this highly urbanized city has started disbursing P2.9-million worth of financial assistance to 290 families displaced by a recent fire in Barangay 27 here. A total of 144 families, whose houses were completely destroyed,...
The Philippine Stock Exchange (PSEi) stayed in the red on Friday, Sept. 26, marking a whole week of daily declines, as developments in the United States (US) dampen hopes of aggressive rate cuts by the US Federal Reserve (Fed) and the Bangko Sentral ng Pilipinas (BSP). The main index shed 15.16...
The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level on Thursday, Sept. 25, weighed down by the continued weakness of the peso and investor caution amid ongoing Senate hearings on corruption allegations. The main index lost 66.44 points, or 1.09 percent, to close at 6,042.28. The...
The Philippine business community is in synch with other sectors of Filipino society in condemning those responsible for the trillion-peso flood control projects scandal. Many industry groups, including the Financial Executives Institute of the Philippines, have expressed their outrage and disgust...
The Philippine Stock Exchange index (PSEi) continued its descent as the peso weakened, with investors awaiting positive news amid a corruption scandal. The main index shed 9.82 points, or 0.16 percent, to close at 6,108.72 on Wednesday, Sept. 24, as the Property sector led the decline among all...
The Philippine Stock Exchange Index (PSEI) fell on Tuesday, Sept. 23, as a deepening corruption scandal involving the legislative and executive branches of government weighed on investor sentiment. The main index plunged by 96.29 points, or 1.55 percent, to close at 6,118.54. Banks suffered the...
It is a sorry sight to see simple problems addressed by irrational and complex solutions that take an inordinate amount of time to fix, cost a tremendous sum, and still fail to function as intended. Consider a beautiful, single-level light structure with a floor area of roughly 300 square meters. A...
Antonio-led Century Properties Group Inc. has been included in the Financial Times Stock Exchange (FTSE) Global Equity Index Series (GEIS) - Microcap Index effective Monday, Sept. 22. The FTSE Microcap Index is part of the globally recognized FTSE Global Equity Index Series, which serves as a...
