From left: JGSOC Assistant Vice-President for Special Projects, Deogracias Fermin; Senior Vice-President and Government Affairs and Special Projects Head, Marino Agbayani; Batangas 5 th District Congressman, Mario Vittorio Mariño; Batangas City Mayor, Beverly Rose Dimacuha; Executive Assistant to...
The local stock market is seen to continue being weighed down by concerns at the economic front while investors wait for first half earnings results. “While we see bargain hunting opportunities, next week, investors are still expected to maintain a cautious stance amid lingering economic...
The local stock market declined as investors opted to cash out for the weekend. The main index dropped 52.87 points or 0.85 percent to close at 6,195.26 as the Mining and Oil counter led the decline with only the Industrial sector bucking the trend. Volume remained low at 785 million shares...
The country's third telco player, DITO Telecommunity Corp., has hauled in 10.3 million subscribers todate and expects to hit 12 million total for 2022, chief administrative officer Adel Tamano told reporters Thursday, July 14, in a virtual press conference. "We are slowly getting the market share...
The PSEi managed to recover most of its intraday losses after a quick pre-emptive move by the Bangko Sentral to raise rates. The main index shed 7.24 points or 0.12 percent to close at 6,248.13 with the Property sector suffering the biggest drop while only the Financials and Services counters...
The local stock market fell in anticipation of a spike in the June inflation rate while the peso continues to weaken. The main index dropped 94.57 points or 1.49 percent to close at 6,255.37 as Conglomerates and Banks led the retreat although the Mining and Oil counter managed to advance....
The planned P10-billion maiden Peso Green Bond offering of AC Energy Corporation (ACEN) has been given the highest PRS Aaa issue credit rating with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). The issue is intended to comply with the ASEAN Green Bonds Standards with...
Another renewable energy firm is planning to go public. The Securities and Exchange Commission said it has officially received the registration statement of Alternergy Holdings Corporation (AHC) for a planned initial public offering worth up to P2.18 billion. Alternergy was founded by a management...
The local stock market declined as investors pocket gains while waiting for more news. The main index lost 38.70 points or 0.61 percent to close at 6,349.94 with sectoral indices evenly mixed. Volume improved slightly but remained thin at 955 million shares worth P4.19 billion as losers beat...
While the local stock market is seen to be buoyed by prospects of a big drop in pump prices this week, sentiment may continue to be dampened by the weak peso. “The local market rode on positive momentum last week but the sustainability of this rally is questionable amid the lingering economic...
The local stock market ended slightly higher a strong start as investors were quick to pocket gains made on the back of prospects of lower pump prices next week. The main index inched up 9.50 points or 0.15 percent to close at 6,361.82 as the Industrial sector led the advance while Conglomerates...
Global fashion brand Urban Revivo opens its flagship store in Manila Fashion photographer Bill Cunningham once said, “The best fashion show is on the streets.” Every day, people from all walks of life pick items from their closets that best represent who they are, contributing to the colorful...