The local stock market continued to surge on heightened optimism over COVID-19 vaccines and prospects of a US Stimulus plan. Photo credit: (https://www.pse.com.ph/) The main index jumped 113.51 points or 1.60 percent to close at 7,194.13 with only the Services sector retreating. Volume rose to 3.65...
Nominations for the fourth enshrinement of the Philippine Sports Hall of Fame (PSHOF) is extended until January 31 next year. “In light of the continuing pandemic, the selection committee have decided to extend the nominations to give equal opportunity for the public to submit their nominations,...
Traders work beneath an electronic ticker on the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC) Metro Manila, the Philippines. (Bloomberg FILE PHOTO) The local stock market fell as foreign funds cash in and leave for greener pastures. The main index dropped 107.16...
Insular Life (InLife), the country’s largest Filipino life insurer, has raised its capital requirement ahead of the Insurance Commission’s (IC) deadline. In a statement, Nina D. Aguas, InLife executive chairman, said the company will infuse P600 million into its total member’s equity,...
The local stock market was barely higher after investors were quick to cash out after early gains. The main index gained 8.83 points or 0.12 percent to close at 7,178.62 with only the Services and Property counters in the red. Volume was weaker at 9.35 billion shares worth P9.56 billion as gainers...
The Philippine Sports Commission (PSC) is sending financial aid to national team members affected by Typhoon Ulysses. In a statement, the government sports agency said it has coordinated with national sports associations (NSA) regarding the status of their athletes during the typhoon. Among the...
The Bangko Sentral ng Pilipinas (BSP) has revealed a new logo, replacing the 10-year old current logo. This will be the third time since the 1993 New Central Bank Act charter created the BSP that its logo has been changed. The current logo was introduced in 2010. The BSP said the new logo is...
The local stock marker weakened as investors remain cautious and are quick to take profit. The PSEi dropped 54.16 points or 0.77 percent to close at 6,997.62 with only the Financials counter advancing. PSE file photo (Photo credit: https://www.pse.com.ph) Volume increased to 11.78 billion shares...
The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS) of financial institutions to account for the regulatory relief measures extended to them during the pandemic. SEC Memorandum Circular No. 32, Series...
The local stock market breached the 7,000 level again on renewed optimism among investors. Photo credit: (https://www.pse.com.ph/) The main index rose 92.64 points or 1.33 percent to close at 7,051.78 with only the Mining and Oil counter retreating. Volume remained high at 12.34 billion shares...
A Cease and Desist Order (CDO) has been issued by the National Privacy Commission against Lisensya. Info paving the way for the eventual taking down of its online site that allegedly hacked the Land Transportation Office (LTO) official site. In a statement, NPC said an email copy of the CDO was...
From left is PSC Commissioner Arnold Agustin, PHISGOC Chief Operating Officer Ramon "Tats" Suzara, PhisGoc Chairperson Allan Peter Cayetano and POC President Abraham "Bambol" Tolentino during the official turnover ceremony of the SEAG Final Report book on Wednesday. The Philippine Southeast Asian...
