The Philippine Stock Exchange index (PSEi) fell on Wednesday, June 4, as investors opted to secure profits from the past two trading sessions while awaiting clearer signals from upcoming inflation figures. The main index shed 34.3 points (0.53 percent), closing at 6,378.56. The mining sector...
The state-run Government Service Insurance System (GSIS) will release the June pension payments two days early, on Friday, June 6, instead of the usual eighth of the month. According to the GSIS, the adjusted date of release would fall on Eid’l Adha, which has been declared a regular nationwide...
The local stock market rose further as investors continued to bank on expectations of a low inflation rate for May that increases chances for a rate cut. The main index jumped 60.20 points or 0.95 percent to close at 6,412.86 as the interest rate-sensitive Property sector led the advance while...
Regulators and stock market players are welcoming the enactment of the Capital Markets Efficiency Promotion Act (CMEPA), as it is key to attracting more investors and boosting trading activity on the local bourse. "The passage of CMEPA sends a clear message to both domestic and global investors...
The local stock market rose as investors cheered the passage of a law that will reduce the stock transaction tax while also betting that the inflation rate would remain low last May. The main index added 11.13 points or 0.18 percent to close at 6,352.66 as the Property sector led the advance,...
D&L Industries Inc., the country’s top producer of specialty food ingredients and oleochemicals, expects its profitability to continue growing in the coming years as it ramps up exports, giving it confidence that it will sustain its strong dividend payouts. In an online media briefing after the...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is making moves in the distribution utility (DU) and its generation business through an ongoing partnership with South Korea. In an ambush interview with Ronnie L. Aperocho, Meralco’s executive vice president and chief operating officer...
The PSEi dipped again as investors remained cautious and took profits late in the trading day after President Marcos asked heads of government controlled corporations to resign for another top level reshuffling. The main index shed 12.99 points or 0.20 percent to finish at 6,412.81 with Miners...
Our very own Pia Wurtzbach-Jauncey continues to reign on the global red carpet, gracing some of the biggest international events in arts, beauty, and fashion. Most recently, she turned heads at the 2025 Cannes Film Festival in France with a radiant, natural makeup look that highlighted her beauty....
Rockwell Land Corporation, the upscale property development arm of the Lopez Group, is aiming to sustain its strong start for 2025 with the launch of new projects outside of Metro Manila, including several leisure residential projects and an investment hotel in Mactan. During the firm’s annual...
Maynilad Water Services Inc. reported that feedback from preliminary investor meetings has been encouraging for its planned initial public offering, valued at up to ₱45.8 billion. In a letter to the Philippine Dealing & Exchange Corporation, Maynilad Corporate Information Officer Lourdes Marivic...
The PSEi declined on mixed trading as investors waited for the release of economic data due this week. The main index shed 23.16 points or 0.36 percent to close at 6,389.94 with sectoral indices equally divided. Volume was low at 486 million shares worth P4.74 billion as gainers outnumbered losers...
