COL sees PSEi rising to 8,400 By JAMES A. LOYOLA The Philippine stock market is seen to rise by about 20 percent from the PSEi’s January opening to about 8,400 by yearend as investors have become more bullish as the COVID-19 pandemic is seen to become less of a threat. 63010 In a press briefing,...
Opposition Senator Leila de Lima on Monday vowed to pursue programs aimed at helping improve the plight of overseas Filipino workers (OFWs) and their families once she wins a fresh term in the Senate in the upcoming May 2022 elections. In particular, De Lima said she will seek to establish programs...
The local stock market started the week strong on news of easing quarantine restrictions although gains were reduced by late profit-taking. The main index added 44.04 points or 0.61 percent to close at 7,296.01 with the Property sector leading the advance across the board. Volume dipped to 1.28...
Clockwise from top left: BDO Foundation (BDOF), in partnership with Bangko Sentral ng Pilipinas (BSP), implemented financial education programs to benefit the Armed Force for the Philippines (AFP), Civil Service Commission (CSC), and the Department of Education (DepEd). Bottom right: Through...
The local stock market is seen to be swayed by corporate earnings reports, the government’s decision on whether to ease quarantine restrictions, as well as lingering concern over US interest rates. “Next week, we expect the local market to take cues from the government’s decision on the alert...
The PSEI lost the previous day’s gains as it ended what has been a week of see-saw trading. The main index shed 22.55 points or 0.30 percent to close at 7,251.97 as the Property sector led the retreat although the Banks and Industrial sectors posted strong gains. Volume jumped to 1.2 billion...
media Artificial intelligence (AI) could be a game changer in financial services because it can be used to develop customer-centric solutions in financial services, said Union Bank of the Philippines (UnionBank) Head of AI Center of Excellence Dr. Adrienne Heinrich. "Besides looking at AI solutions...
The COVID-19 pandemic shocked the world and many of us had to adapt to a new normal. The Filipinos continue to face new challenges with the rise of the Omicron variant and many of us find different ways on how to cope with our current situation. The past two years introduced numerous shifts in our...
The local stock market bucked the regional trend and managed to move up after the release of better-than-expected economic numbers for the last quarter of 2021. The main index gained 19.91 points or 0.27 percent to close at 7,273.52 as Banks led the advance although the Holding Firms and Mining and...
The PSEi lost the previous day’s gains as investors trade cautiously while waiting for the US Federal Reserve to announce the results of its ongoing meeting. The main index dropped 34.69 points or 0.47 percent to close at 7,253.61 as Banks led the decline while the Mining and Oil counter bucked...
The local stock market rose as investors have become cautiously optimistic that quarantine measures may be eased in the National Capital Region where the COVID-19 variant Omicron surge appears to have peaked. The main index gained 35.57 points or 0.49 percent to close at 7,288.21 as the Industrial...
Here’s how banks can help employers empower their employees and improve their financial well-being Have you ever heard of ‘financial stress?’ According to experts, this condition refers to that state of anxiety or emotional tension related to money, debt, and expenses. Money, in fact, is one...
