Senator Grace Poe on Tuesday called on banks and other financial institutions to toughen its stance against cybercrime especially at a time more people are turning to digital transactions. Poe, who chairs the Senate Committee on Banks, Financial Institutions and Currencies, made the appeal...
By EMMIE V. Abadilla As the air cargo business boomed and passenger traffic gradually improved, the pressure on the global airline industry’s operating profitability eased in the third quarter of last year, according to the International Air Transport Association (IATA)'s December 2021 to January...
Local share prices weakened as investors wait for the US Fed’s meeting as well as the release of the latest Philippine gross domestic product numbers. The main index lost 40.88 points or 0.56 percent to close at 7,252.64 as Banks led the retreat across the board. Volume remained low at 1.96...
The local stock market will take cues this week from the US Federal Reserve’s first round of Federal Open Market Committee meeting as well as the release of the Philippines’ fourth quarter gross domestic product data. “The Fed's first round of FOMC this year on Jan 25-26 (statement out on the...
There’s a reason why a lot of people apply for credit cards; if you don’t have one yet, get this one credit card If you can use plastic responsibly, it could be an efficient instrument in your arsenal for dealing with finances during the pandemic. We’re not talking about recycling, but credit...
The Department of Labor and Employment (DOLE) has released the guidelines for the latest round of its Coronavirus Disease (COVID-19) Adjustment Measure Program (CAMP) for workers affected by the more stringent Alert Level 3. (Jansen Romero / MANILA BULLETIN) Labor Secretary Silvestre Bello III...
The PSEi bounced after 2 days of losses after investors started picking up some bargains. The main index rose 54.24 points or 0.75 percent to close at 7,293.52 although only the Property and Holding Firms counters advanced while the Mining and Oil led decliners. Volume remained weak at 2.15 billion...
The local stock market lost more ground as the decline in US equities continued to weigh on investor sentiment. The main index shed 22.26 points or 0.31 percent to close at 7,239.28 as sectoral indices were evenly mixed with the Property sector suffering the biggest loss while the Mining and Oil...
The Department of Labor and Employment (DOLE) is now preparing to accept applications for financial assistance from workers who have been displaced or affected by restrictions brought by the enforcement of the stricter Alert Level 3. A local watchman installs a warning sign on Monday, Sept. 27,...
Las Pinas City Mayor Imelda Aguilar announced that the city received the 2021 Seal of Good Financial Housekeeping (SGFH) from the Department of Interior and Local Government (DILG). Aguilar said the DILG recognized the city government’s efforts on sustained good practices in fiscal accountability...
Local stocks fell in tandem with other bourses in the region which were, in turn, weighed down by the performance of US exchanges. The main index dropped 82.42 points or 1.12 percent to close at 7,261.54aa the Property sector led the retre although the Industrial and Ming and Oil counters managed...
The Securities and Exchange Commission (SEC) has approved five corporations that will acquire the bad loans and non-performing assets (NPAs) of financial institutions affected by the pandemic-induced crisis, the Department of Finance (DOF) said. In a statement, the DOF said that five Financial...
