Manila Water Co. reported that it expanded capital expenditures last year by 28 percent to P13.7 billion from the record P10.7 billion spent in 2020 despite the continued challenges posed by the COVID-19 pandemic. “This is the highest CapEx record since the privatization of water service in the...
Metro Manila will remain under the least restrictive Alert Level 1 along with 47 other areas across the country for the rest of the month, Malacañang announced. People flock to Ilaya in Binondo, Manila on Jan. 2, 2022. Metro Manila will be under Alert Level 3 starting Jan. 3 until Jan. 15, 2022...
The local stock market recovered some of the previous day’s losses and returned above the 7,000 level as investors found prices of heavyweights too low to resist. The main index jumped 202.97 points or 2.98 percent to close at 7,019.92 with the Property and Banking sectors leading the advance...
The PSEi plunged to a six-month low as the impact of Russia’s invasion of Ukraine is seem to affect the growth of Asian economies. The main index fell 295.24 points or 4.15 percent to close at 6,816.95, it’s lowest since Sept. 1, 2021 when it ended at 6,785.94. The Services sector led the drop...
Female firefighters showed their skills in rescue operations during the Bureau of Fire Protection National Capital Region (BFP-NCR) Skills Olympics 2022 on Monday, March 14. The event, with the theme “Sa Pag-iwas sa Sunog, Di ka nag-iisa”, is in line with the Fire Prevention Month and the...
The local stock market rose with its regional peers as oil prices eased. The main index jumped 134.92 points or 1.93 percent to close at 7,124.80 as Conglomerates led the advance while the Mining and Oil dropped along with commodity prices. Volume was lower though at 3.35 billion shares worth P7.59...
The local stock market lost most of its intraday gains but still managed to end in the green as oil prices rose further due to the war in Ukraine. The PSEi inched up 12.15 points or 0.17 percent to close at 6,989.88 as Banks led the advance while Conglomerates and Mining firms retreated. Volume was...
The Philippine Stock Exchange index (PSEi) suffered its biggest drop in 20 months to crash below the 7,000 level after a major hike in pump prices took effect coupled with reports of an even bigger increase next week. The main index fell 310.34 points or 4.26 percent to close at 6,977.73 as banks...
Local share prices weakend as investors fear rising inflation amid the intensifying war between Russia and Ukraine. The main index lost 53.94 points or 0.74 percent to close at 7,288.07 as the Industrial sector led the retreat while the Mining and Oil counter was the only advancer. Volume improved...
The local stock market closed Friday lower as it seesawed between gains and losses during the week. The main index lost 46.08 points or 0.62 percent to close at 7,342.01 as conglomerates led the retreat with Property and Mining firms holding their ground. Volume dropped to 1.33 billion shares worth...
The PSEi bounced back after investors started picking up bargains in the afternoon session. The main index rose 84.07 points or 1.15 percent to close at 7,388.09 as the Mining and Oil counter led the rally across the board. Volume also expanded to 1.82 billion shares worth P8.26 billion as gainers...
The local stock market fell on profit-taking as investors continue to be wary of developments overseas, particularly in Ukraine. The main index dropped 102.93 points or 1.39 percent to close at 7,391.68 as the Property sector led the retreat with only the Mining and Oil counter bucking the trend....
