The local stock market fell to a one-year low as investors exercise caution before the release of US inflation data. The main index plunged 81.02 points or 1.30 percent to close at 6,149.18 as Conglomerates registered the biggest drop while the Mining and Oil sector stayed in the green....
The Bureau of the Treasury said it has received a high number of inquiries about job requirements for Maharlika Investment Corp. (MIC). National Treasurer Rosalia V. de Leon said serious applicants have shown significant interest, and more nominees are expected as the Sept. 27 deadline...
Diversified conglomerate San Miguel Corporation is seeking to register P65 billion billion worth of preferred shares with the Securities and Exchange Commission as it plans to undertake a public offering worth up to P50 billion in November this year to pay debt and fund its massive airport project....
The Commission on Audit (COA) has granted the petition for money claim filed by Southern Philippines Power Corporation (SPPC) against the National Power Corporation (NPC) and the Power Sector Assets and Liabilities Management Corporation (PSALM) for the payment of contractual obligations under the...
The Philippine Stock Exchange index (PSEi) was a tad lower as some investors took profits although most still stayed on the sidelines while waiting for US inflation numbers. The main index shed 3.54 points or 0.06 percent to close at 6,230.20 with sectoral indices equally divided. Volume...
ACEN Corporation, the renewable energy unit of the Ayala Group, reported that its subsidiary ACEN Indonesia Investment Holdings Pte Ltd., has forged a joint venture with PT Dewata Megaenergi to develop projects in Indonesia. In a disclosure to the Philippine Stock Exchange (PSE), ACEN said the...
The local stock market inched up on follow-up bargain-hunting as investors wait for the release of more economic data this week. The main index added 10.80 points or 0.27 percent to close at 6,223.74 with sectoral indices evenly divided. Volume remained low at 640 million shares worth P3.62...
SM Investments Corporation (SMIC), a leading conglomerate in the Philippines, was recognized for its sustainability initiatives across the group at the recently concluded 15th Global Corporate Social Responsibility & Environmental Social Governance Summit and Awards. In a statement, the...
From left: Pag-IBIG Area Head (NCR North), Fernando G. Fajardo; EEI Corporation’s Jan Ivan Santamaria; and Pag-IBIG Branch Head (Cubao), Romer A. Manucdoc. Construction giant EEI Corporation was recently named by Pag-IBIG as one of the top employers in the National Capital Region (NCR) during the...
This week, cautious stock market investors will be looking for cues from the US August inflation report and Philippine data on foreign direct investments and remittances from overseas Filipinos. While the Philippine Stock Exchange index (PSEi) managed to advance in the last two weeks, Philstocks...
(Mark Balmores/ File photo/ MANILA BULLETIN) Quezon City 4th district Rep. Marvin Rillo underscored on Sunday, Sept. 10 the need to hasten the rehabilitation of the 24-year-old Metro Rail Transit-3 (MRT-3). In particular, Rillo wants the Department of...
For 45 years, home-grown Jollibee Foods Corporation (JFC ) strived to only work with reputable suppliers that share the same passion for food quality, food safety, and go beyond these to extend themselves towards driving sustainable operations. It is no surprise then that San...
