The local stock market bounced back to the 7,000 level as global stocks rallied. The PSEi hiked 84.85 points or 1.22 percent to close at 7.044.06 as sub-indices rose across the board. A hefty 21.86 billion shares worth P18.16 billion changed hands as gainers beat losers 122 to 89 with 54...
The stock market weakened as investors continued to pocket gains while waiting for more cues to buy up stocks. Photo credit: https://www.pse.com.ph The main index dropped 31.8 points or 0.45 percent to close at 6,959.21 with only the Financials and Mining and Oil counters holding their...
It looks like the issue of "Tililing" movie poster is far from over. This after the Commission on Human Rights (CHR) criticized the flick's poster which it claimed to be insensitive on the issue of mental health. "Although CHR believes that creators have artistic freedom, it is concerned about...
The local stock market fell as investors turned less bullish on the eve of the new year of the Ox. The main index dropped 91.14 points or 1.29 percent to close at 6,991.01 with only the Financials and Mining & Oil counters holding their ground. Volume climbed to 22.92 billion shares worth...
The Philippine stock market gained a little more ground as investors are cautiously becoming more optimistic because of developments here and overseas. PSE file photo The benchmark PSEi moved up 16.60 points or 0.24 percent to close at 7,082.15 although the Financials and Industrial counters...
The proposed Coconut Farmers and Industry Trust Fund Act or Coco Levy Act, which will pave the way for the release of the P100-billion coco levy fund, is just awaiting the signature of President Rodrigo Duterte. Business Bulletin learned that the copy of the Coco Levy Act has already been sent to...
The local stock market chalked up some gains as losers investors were encouraged by a new US stimulus package and the arrival of vaccines in the Philippines. The main index rose 41.07 points or 0.59 percent to close at 7,065.55 with sectoral indices evenly mixed. Volume improved to 30.44 billion...
The local stock market ended the week on a high note despite the inflation rate rising faster than expected. The main index jumped 115.43 points or 1.67 percent to close at 7,019.18 as share prices rose across the board led by the Property sector. Photo credit: PSE Information Desk However, volume...
The Department of Agriculture (DA) will not withdraw its proposal for tariff reduction on pork and rice imports despite the growing number of groups – including farmers, raisers, advocates – opposing such a move. When asked if he will consider the possibility of withdrawing DA’s proposal,...
Aside from the local livestock industry, the Philippine government also stands to lose if the Department of Agriculture’s (DA) proposal to reduce the tariff on pork imports will be given the green light. This was according to a resolution adopted by the Philippine Council for Agriculture and...
Amendments to the data privacy law in the Philippines to address compliance and accountability of organizations will help ensure protection of personal data amid an expected worsening of breaches as more employees work remotely. According to Kevin Shepherdson, CEO and founder of Straits...
GFRIEND’s Sowon posing with a Nazi mannequin at Cafe Zino (Instagram) The controversy involving K-pop girl group GFRIEND leader Sowon continues as another major organization fighting anti-Semitism and hate criticized her for posting photos with a Nazi mannequin in a cafe in South Korea. Los...
