The Philippine Stock Exchange (PSE) continues to do the groundwork with the Securities and Exchange Commission (SEC) for the launch of a new derivative product called Global Philippine Depository Receipts (GPDR), hopefully by next year. PSE President and CEO Ramon S. Monzon said their efforts to...
Ramon S. Ang-led San Miguel Corp. (SMC) is set to build a new passenger terminal at Godofredo P. Ramos Airport in Caticlan, the main gateway to Boracay Island, which is expected to increase the airport’s capacity to seven million passengers starting 2027. President Ferdinand “Bongbong” Marcos...
Despite uncertainties posed by United States (US) tariffs, the Philippine Stock Exchange’s (PSE) pipeline for capital to be raised at the bourse is getting more robust with the target for 2025 upgraded again, this time to ₱186.3 billion as more firms apply to list stocks for the second...
A total of 251,846 socialized housing units were committed by at least 42 private developers to the Expanded Pambansang Pabahay para sa Pilipino (4PH) program of the national government. The commitment was related in a letter sent to Department of Human Settlements and Urban Development (DHSUD)...
LINGAYEN, Pangasinan – Gov. Ramon V. Guico III reaffirmed education as a cornerstone of his administration, outlining bold steps to expand the reach and quality of free college education across Pangasinan during his second-term inauguration. In his speech, Guico highlighted the recent milestone...
The Department of Public Works and Highways (DPWH) has commenced the construction of a multi-purpose sports facility in Bacoor City, following a groundbreaking ceremony held on Friday, Jul. 4. DPWH Region 4A Director Jovel G. Mendoza said the Ramon Revilla Sr. Sports Arena, located in Barangay...
Three years ago, President Ferdinand Marcos Jr. took the helm of the country as the world continued to grapple with the Covid-19 pandemic and economies, including the Philippines, strove for recovery after crippling lockdowns. Governments worldwide faced the delicate task of balancing public health...
The Philippines is seeing a steady increase in international destinations out of Ninoy Aquino International Airport (NAIA), as its private operator ramps up improvement efforts to unlock new global opportunities. In a statement, New NAIA Infra Corp. (NNIC) said more carriers are including Manila in...
While the recent reduction in the cost of trading stocks in the Philippines is expected to boost market activity at the Philippine Stock Exchange (PSE), more needs to be done to develop the local capital market, particularly in investor education. During the bell-ringing ceremony at the PSE marking...
EDITORS DESK Manny Pacquiao is simply doing the unthinkable. At 46 years old, Pacman is coming out of retirement to fight the younger and taller American boxer Mario Barrios for the World Boxing Council (WBC) welterweight belt on July 19 at the MGM Grand in Las Vegas. The former Philippine senator...
The Philippine Stock Exchange, Inc. (PSE) and the Commission on Filipinos Overseas (CFO) have signed a Memorandum of Understanding to jointly undertake programs that will help overseas Filipinos become active participants in the Philippine capital markets. PSE President and CEO Ramon S. Monzon...
The implementation of the reduced stock transaction tax next month could theoretically result in an 83 percent surge in value turnover in the Philippine Stock Exchange, although even a fraction of this growth will already be a big boost to the local bourse. Abacus Securities Corporation noted that...
