The PSEi rose back to the 7,000 level in late bargain-hunting following a week of steep falls and a strong bounce. The main index added 41.19 points or 0.59 percent to close at 7,027.38 as the Property sector led the advance while the Mining and Services counters declined. Volume jumped to 1.9...
In an aim to encourage innovators in the country, the Benita and Catalino Yap Foundation (BCYF) along with Pilipinas Shell Petroleum Corporation is looking to recognize individuals, teams, or organizations who have initiated or developed an innovation and a whopping P1-million cash prize await the...
The PSEi weakened after the US Federal Reserve announced an expected rate cut which prompted investors to sell rate-sensitive stocks. The main index dropped 49.57 points or 0.70 percent to close at 6,986.19, weighed down by Conglomerates and Property firms while more sectors advanced. Volume...
Roxaco Land Corporation, the property development arm of Roxas and Company, Inc. (RCI), is launching new development projects this year as it embarks on an aggressive expansion program in its real estate and hospitality units. In a disclosure to the Philippine Stock Exchange, RCI said Roxaco Land...
Airspeed continuously provides innovation on logistics to address the different needs of clients and end users. Their newest service offer -- PopBox, powered by Airspeed, are smart lockers located in LRT-1 stations poised to offer efficient and contactless delivery service. These smart...
President Ferdinand "Bongbong" Marcos Jr. has met with a renewable energy developer to advance his intention to find other sources of energy in the country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Marcos had a meeting with San Ignacio Energy Resources Development...
The city government of Manila and the Jollibee Foods Corporation (JFC) forged on Tuesday, Jan. 31, a new partnership opening more employment opportunities to the city's senior citizens and persons with disabilities (PWDs). In a set of photos posted on its officials Facebook page, the Manila Public...
DMCI Holdings Inc. and subsidiary Semirara Mining and Power Corporation have been included as members of the prestigious 2023 Bloomberg Gender-Equality Index (GEI) for the third consecutive year. Bloomberg GEI is a modified market capitalization-weighted index that aims to track the performance of...
Concepcion Industrial Corporation (CIC), the country’s leading provider of consumer lifestyle and building & industrial solutions, reported a 5 percent decline in net income to P358 million for 2022 despite a strong fourth quarter performance. In a disclosure to the Philippine Stock Exchange,...
The local stock market plunged as investors continue to lighten their portfolios before the Fed starts its meeting this week. The main index fell 177.72 points or 2.55 percent to close at 6,793.25 as the Mining and Oil sector led all indices in the retreat. Volume rose to 1.54 billion shares worth...
Universal Robina Corporation’s (URC) subsidiary in Thailand won two more awards that reflect its position as one of that country’s top producers of quality food products. In a statement, URC said URC Thailand received the prestigious FDA Quality awards from the Ministry of Public Health after...
Diversified conglomerate San Miguel Corporation (SMC) is expecting its P2-billion Pasig River cleanup project to cross the one million metric tons threshold in silt and solid wastes removed by next month. This will come as its dredging teams focus their efforts on both ends of the river--the Manila...
