After a few days of small gains, the local stock market fell below the 6,200 level again as recent releases of economic data renewed concern over US interest rates and the health of major economies. The main index dropped 58.62 points or 0.94 percent to close at 6,183.07 with Conglomerates...
The local stock market ended higher ahead of the Philippine inflation report for the month of August while the US jobs data released last Friday also boosted regional bourses. The main index added 33.62 points or 0.54 percent to close at 6,214.68 as the Property sector led the advance while...
Stock market investors will be looking to the Philippines’ inflation numbers for August for cues while also monitoring US and Chinese economies for additional motivation. China Bank Capital Corporation Managing Director Juan Paolo Colet said, “this week’s market direction will be shaped by...
The local stock market plunged as investors took profits on the last day of the month of August amid continuing worries about the economies of the US, China, and the Philippines. The main index fell 120.04 points or 1.91 percent to close at 6,175.25 as the Property counter plummeted while...
(Unsplash) A measure that would grant rental subsidies to eligible informal settlers is being sought in the 19th Congress amid the prevalence of strong typhoons and other calamities that displace tens of thousands of families. Davao City 1st district...
The local stock market recovered more ground as encouraging economic news spurred investors to pick up bargains. The main index rose by 70.29 points or 1.13 percent to close at 6,295.29 with Conglomerates leading the charge. Volume dipped to 672 million shares worth P3.97 billion as gainers...
The Philippine stock market benchmark, the PSEi, had been stuck in the doldrums for months—trading within a tight 200-300 point band—before crashing below its support level to a nine-month low and underperforming other regional and emerging markets. China Bank Capital Corp. Managing Director...
Aside from the FIBA Word Cup, Orlando Magic forward Paolo Banchero’s visit to the Philippines is shaping up to be a family reunion between him and his paternal cousin Meralco Bolts guard Chris Banchero. Paolo Banchero hoping to meet up with cousin PBA player Chris Banchero. (FIBA...
Davao City 1st district Rep. Paolo Duterte (Rep. Duterte’s office) Davao City 1st district Rep. Paolo Duterte shared the top spot in the latest RP–Mission Development Foundation Inc. (RPMD) survey on the best performing congressmen in the Davao region. ...
DAVAO CITY – Rep. Paolo Z. Duterte here is among the Top Performing District Representatives in the Davao region according to the latest survey conducted by the RP-Mission Development Foundation Inc. (RPMD). DAVAO City Rep. Paolo Duterte with US Ambassador to the Philippines MaryKay Carlson. (US...
Davao City 1st district Rep. Paolo Duterte (Facebook) Davao City 1st district Rep. Paolo Duterte is pushing for the passage of a measure that ensures the uniform grant of retirement benefits to officials in the judiciary. This, as Duterte noted that...
While the local stock market has been on a steady decline - down to its lowest level in nine months -- analysts do not see much relief as investor sentiment has turned bearish due to a confluence of negative factors. “The local market closed last week at 6,290.27, its lowest close since November...
