The Philippines’ information technology and business process management (IT-BPM) sector has emerged as the most viable investment destination for American artificial intelligence (AI) firms, according to the United States Commercial Service (USCS). USCS Manila commercial specialist Easter...
Local equities rose for the third consecutive session as International Container Terminal Services Inc. (ICTSI) single-handedly propelled the benchmark index higher, masking widespread weakness across the broader market. The Philippine Stock Exchange index (PSEi) gained 40.48 points, or 0.69...
Local stocks surged, reclaiming the key psychological threshold, as rollback in domestic fuel prices and the strengthening local currency lured bargain hunters back to the equity market. The Philippine Stock Exchange index (PSEi) advanced 1.95 percent, or 113.37 points, to close at 5,912.69 on...
The Philippine Stock Exchange index (PSEi) rose on bargain hunting on Monday, June 1, after the steep drop over the last three trading days of the previous week. The main index added 30.56 points, or 0.53 points, to close at 5,799.32, mainly on the strength of the services sector as three sectors...
Manila Water Co. assured customers in its East Zone concession of reliable and safe water supply despite the decline in Angat Dam’s water levels, tapping an expanded portfolio of alternative sources to meet an expected surge in demand ahead of the June 8 school opening. While Angat Dam has fallen...
RIZAL COMMERCIAL BANKING CORPORATION (RCBC) announced that it will hold its Annual Stockholders’ Meeting (ASM) virtually on June 29, 2026, at 4:00 p.m. via the official meeting platform at https://www.rcbc.com/ASM2026 . The Bank said stockholders may access the Notice of Meeting, Agenda, and the...
RIZAL COMMERCIAL BANKING CORPORATION (RCBC) announced that it will hold its Annual Stockholders’ Meeting (ASM) virtually on June 29, 2026, at 4:00 p.m. via the official meeting platform at https://www.rcbc.com/ASM2026 . The Bank said stockholders may access the Notice of Meeting, Agenda, and the...
The Philippine Stock Exchange index (PSEi) plunged on Thursday, May 28, as hopes for peace in the Middle East dimmed following fresh United States (US) strikes in Iran while the two countries’ positions remain incompatible. The main index fell by 103.3 points, or 1.73 percent, to close at...
The Philippine Stock Exchange index (PSEi) dropped on Tuesday, May 26, as investors took profits ahead of the Eid al-Adha holiday on concern over the Middle East situation after the United States (US) launched strikes against Iran. The main index lost 46.14 points, or 0.77 percent, to close at...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
The Philippine Stock Exchange index (PSEi) rose for the third day in a row on Monday, May 25, as oil prices continued to decline on hopes for successful peace negotiations between the United States (US) and Iran. The main index added 47.98 points, or 0.8 percent, to close at 6,009.38. Banks led the...
The Philippines’ property market is expected to remain resilient despite elevated inflation, geopolitical tensions, and high borrowing costs, with investors continuing to favor malls, logistics facilities, data centers, offices, and hotels that generate recurring income streams, according to...
