BACOLOD CITY – The Department of Social Welfare and Development (DSWD) provided financial assistance totaling P945,000 to 63 micro rice retailers in 12 areas in Negros Oriental on Thursday, September 14. SIXTY-THREE micro rice retailers from Negros Oriental receive subsidy totaling P945,000 from...
The local stock market bounced from the previous day’s drop after US inflation figures indicate that the US Federal Reserve may keep rates steady. The main index rose 59.22 points or 0.96 percent to close at 6,208.40 as Conglomerates led the advance across the board. Volume declined to 412...
CEBU CITY – The Department of Social Welfare and Development-Central Visayas (DSWD-7) will distribute cash assistance amounting to P1.3 million to micro rice retailers who were affected by the enforcement of the rice price cap. The DSWD-7 announced on Wednesday, September 13, that there will be...
ZAMBOANGA CITY – Eleven rice retailers here each received P15,000 aid from the government on Thursday, September 14. It compensates their losses in the implementation of Executive Order 39 that placed a price cap on regular and well-milled rice. The financial assistance under the Department of...
The local stock market fell to a one-year low as investors exercise caution before the release of US inflation data. The main index plunged 81.02 points or 1.30 percent to close at 6,149.18 as Conglomerates registered the biggest drop while the Mining and Oil sector stayed in the green....
The Philippine Stock Exchange index (PSEi) was a tad lower as some investors took profits although most still stayed on the sidelines while waiting for US inflation numbers. The main index shed 3.54 points or 0.06 percent to close at 6,230.20 with sectoral indices equally divided. Volume...
Local stock brokerage firm Philstocks Financial has revised downwards its year-end projection for the Philippine Stock Exchange index (PSEi) due to lower economic growth while corporate earnings growth may also be slower in the second semester. Philstocks Financial Assistant Research Manager...
This week, cautious stock market investors will be looking for cues from the US August inflation report and Philippine data on foreign direct investments and remittances from overseas Filipinos. While the Philippine Stock Exchange index (PSEi) managed to advance in the last two weeks, Philstocks...
The local stock market managed to end higher despite weaker US stocks as investors picked up bargains that emerged after Thursday's (Sept. 7) drop in prices. The main index rose by 0.64 percent or by 39.87 points to close at 6,222.94 although sectoral indices were evenly split. Volume was...
After a few days of small gains, the local stock market fell below the 6,200 level again as recent releases of economic data renewed concern over US interest rates and the health of major economies. The main index dropped 58.62 points or 0.94 percent to close at 6,183.07 with Conglomerates...
The local stock market improved slightly on some bargain-hunting although sentiment was weighed down by rising oil prices. The main index added 16.69 points or 0.27 percent to close at 6,241.69 as Conglomerates led the advance while the Property and Mining counters declined. Volume stayed low...
The local stock market managed to inch up as the higher August inflation rate of 5.3 percent versus 4.7 percent in July was already expected. The main index added 10.32 points or 0.17 percent to close at 6,225.00 as Conglomerates led the advance while Banks and Property firms retreated....
