Investors in the local stock market have reason to be guardedly optimistic about 2024 following a lackluster trading in 2023. “The expected improvement in macroeconomic indicators are poised to drive market conditions in 2024,” said Philippine Stock Exchange (PSE) President and CEO Ramon S....
The local stock market returned to the 6,500 level as share prices rode on positive sentiment in the US bourses. The main index rose by 56.31 points or 0.87 percent to close at 6,519.11 as the Industrial sector led all counters in the advance. However, volume dropped to 385 million shares worth...
The local stock market is seen to benefit this short trading week from a combination of window-dressing and profit-taking as well as the carry over of positive sentiment from expectations of rate cuts next year. “The final three trading days of the year will see a mix of window dressing and...
Davao City 1st district Rep. Paolo Duterte (Facebook) Saying that persons with disabilities (PWDs) can be a valuable asset to any company, Davao City 1st district Rep. Paolo Duterte is pushing for a law that would require private enterprises to allot at...
DAVAO CITY – A sexagenarian topped the adult category in the Sing Along ni Pulong Season 5 Grand Finals at the Rizal Park on San Pedro St. here on Wednesday, December 20. LORNA Querol (sixth from left), 68, poses with judges and Rep. Paolo Duterte's sons Barangay Buhangin Proper Captain Omar...
Ayala Healthcare Holdings Inc. (AC Health), a unit of the Zobels' Ayala Corporation, reported that it has acquired a significant minority stake in North Luzon-based pharmaceutical company, St. Joseph Drug (Joleco Resources Inc.). In a disclosure to the Philippine Stock Exchange (PSE), Ayala...
DAVAO CITY – Rep. Paolo Z. Duterte was conferred the Leadership Achiever as Public Servant citation in the Elite Business and Leadership Awards ceremony at the Philippine Plaza Manila in Pasay City on December 18. The Elite Business and Leadership Awards honors and acknowledges the distinctive,...
The local stock market ended a few points down as investors started to take profits after US Federal Reserve officials cooled down rate cut expectations. The main index shed 2.94 points or 0.05 percent to close at 6,475.50 as sectoral indices were evenly split. A total of 602 million shares changed...
Healthway Medical Network (HMN), the hospital and clinics arm of Ayala Healthcare Holdings, Inc. (AC Health), has teamed up with leading pharmaceutical company MSD to make cancer products and services more available, accessible, and affordable to Filipino patients. In a statement the firms...
(MANILA BULLETIN) Davao City 1st district Rep. Paolo “Pulong” Duterte has proposed a measure that seeks to encourage young Filipinos to pursue a career in the agriculture by providing them with a variety of incentives. Duterte recently filed House Bill...
The local stock market rose on thin volume as it benefited from the hike in US stock prices ahead of the release of the US inflation numbers for November. The main index added 64.10 points or 1.03 percent to close at 6,292.39 as Banks led all sectors in the advance. Volume declined to 314...
Ayala Healthcare Holdings Inc. (AC Health) announced that it has increased its stake in the Healthway QualiMed Health Network (Mercado General Hospital Inc.) to 94 percent. In a statement, AC Health said this move signifies its continued commitment to investing in healthcare in the Philippines. It...
