Local equities rebounded from a previous session of losses as investors seized on beaten-down shares following the fragile de-escalation of geopolitical hostilities in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 66.3 points, or 1.13 percent, to settle at 5,945.71 on...
The Philippine Stock Exchange index (PSEi) opened the week on a negative note as share prices dropped on Monday, June 8, following an escalation in hostilities in the Middle East. The main index lost 58.97 points, or 0.99 percent, to close at 5,879.41. Miners led the retreat across the board due to...
D&L Industries Inc., the country’s largest producer of oleochemicals, specialty plastics, and food products, is growing more optimistic as the prices of both crude oil and coconut oil have dropped substantially from their peaks while its non-food business continues to enjoy heightened demand....
Beyond its 30-year legacy, Rockwell Land is proving to be growing stronger beyond new heights in 2025. From increased revenue and massive expansion in size and scale to creating communities and new connections outside the capital region, the firm looks ahead strategically with a stable footing in...
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...
Rockwell Land Corp., the luxury property development arm of the Lopez Group, plans to redevelop Alabang Town Center (ATC) over the next decade to revitalize the commercial hub and restore what management describes as its original appeal. Nestor J. Padilla, Rockwell Land chairman and chief...
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...
MREIT Inc., the real estate investment trust backed by billionaire Andrew Tan’s Megaworld Corp., plans to acquire ₱25 billion worth of commercial assets in a deal that will transform the firm from a pure-office landlord into a diversified property trust. The company signed a memorandum of...
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...
ZAMBOANGA CITY – The Zamboanga del Sur Provincial Police Office condemned a shooting incident inside a mosque in Labangan, Zamboanga del Sur on the eve of Eid’l Adha on Tuesday, May 26. Police described the incident as “deeply disturbing and unacceptable" and condoled with the bereaved...
President Marcos said the observance of the Eid 'l Adha or the Feast of Sacrifice calls on the community to look beyond personal desires. In his message on Wednesday, May 27, Marcos joined the Muslim communities around the world in observing the Feast of Sacrifice. He said that through...
