With the rising prices of fuel and commoditiesand a law in place to promote sustainable transportation, motorists are becoming keener to make the switch to electric vehicles. To enable its patrons to use greener modes of transportation, Robinsons Land Corporation (RLC) partnered with the...
The local stock market plunged as the weakness in the US and regional bourses prompted investors to continue to take profits. The main index fell 245.34 points or 3.64 percent to 6,489.65 points as Conglomerates led the retraction in share prices. Volume also declined to 874 million shares worth...
Newly-installed Philippine Health Insurance Corporation (PhilHealth), Acting President and Chief Officer Emmanuel R. Ledesma emphasized the need for greater teamwork and collaboration among its officers and employees. Emmanuel Rufino Ledesma Jr. (center) takes his oath as as the acting president...
AllHome, the country’s pioneering one-stop-shop for all home improvement needs, declared P288.8 million cash dividends for its stockholders last November 29, 2022. In a disclosure to the Philippine Stock Exchange, the firm said this is 20 percent of AllHome’s 2021 NIAT, with record date stated...
The local stock market bucked the regional trend and started December with some profit-taking following six-day rally. The main index dropped 45.79 points or 0.68 percent to close at 6,734.99 although sectoral indices were evenly mixed. A hefty 796 million shares worth P10.11 billion changed hands...
Security Bank Corporation has been recognized by the Bureau of Treasury (BTr) again recognized as a Market Maker for 2023 under the enhanced Government Securities Eligible Dealers (GSED) program. In a statement, the bank said the recognition is given in line with the Bank’s continued efforts to...
Scooter and battery-swapping technology coming to PH There could be a new electric scooter revolution on the horizon. Globe’s 917Ventures and Ayala Corporation are set to bring global two-wheel electric vehicle and battery-swapping technology leader Gogoro to the Philippines. Gogoro is a smart...
Robinsons Land Corporation (RLC), one of the leading property developers in the Philippines, continues to expand and serve the growing economic centers in Central Luzon with the opening of its 54th mall—Robinsons Gapan. In a statement, the firm said the full-service Robinsons Gapan is RLC’s...
SL Agritech, a Filipino company engaged in the research, development, production, and distribution of hybrid rice seed and premium quality rice, strengthens its advocacy on helping the Philippines achieve food security by showcasing hybrid seed technology across farming communities locally and...
Overcoming a weak start due to the decline in US bourses, the local stock market breezed past the 6,700 level to close near the 6,800 mark as funds pushed up share prices. The main index jumped 99.31 points or 1.49 percent to close at 6,780.78 as the Property sector surged while the Industrial and...
Businessman Alfredo C. Ramos has passed away last Nov. 26, 2022 at the age of 79. Once listed by Forbes Magazine as among the Philippines’ Richest, Ramos is the son of National Book Store founder, Socorro Ramos and heads companies that have business interests in publishing, mining, oil...
The local stock market continues to benefit from perceptions that future rate hikes will be less aggressive. The PSEi jumped 74.53 points or 1.13 percent to close at 6,681.47 as the Mining and Oil counter surged with only the Property sector retreating. Volume rose to 729 million shares worth P8.68...