China Bank Securities (CBSEC) has launched ChinaBankSec Online, a digital stock trading platform for buying and selling stocks listed at the Philippine Stock Exchange (PSE). In a statement, the stock brokerage said ChinaBankSec Online is accessible on various platforms and devices—online on...
BDO Capital & Investment Corporation has bagged the Investment House of the Year Award from the Investment House Association of the Philippines (IHAP) for the fifth straight year. In a statement, the firm said it has consistent excellence in delivering best-in-class investment banking services...
The local stock market resumed its slide on the back of losses in Wall Street as interest rates rise ahead of the US Federal Reserves’ monetary policy meeting. The main index fell 155.11 points or 2.40 percent to close at 6,319.42 as Conglomerates and Property firms led the retreat across the...
Diversified conglomerate San Miguel Corp. (SMC) is optimistic that its growth will be much stronger this year compared to 2021 on the back of the improvements in the Covid situation. “With lesser lockdown and (now being) more knowledgeable about the Covid problem, I think the company with...
‘MADISKARTENG PANANALAPI.’ Rizal Commercial Banking Corporation (RCBC) led by its President and CEO Eugene S. Acevedo (fifth from the top-left) and Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva turn over copies of the “Aralin sa Madiskarteng Pananalapi”...
The Philippine Stock Exchange Index (PSEi) managed to recover from early losses to end its losing streak by posting a small gain as investors finally came in to pick up some bargains. The main index inched up 7.52 points or 0.12 percent to close at 6,474.53 although only the Holding Firms and...
The local stock market continued to decline after news of a high US inflation rate sent share prices tumbling. The main index dropped 63.03 points or 0.97 percent to close at 6,467.01 with the Mining and Oil index leading the retreat across the board. Volume remained thin at 761 million shares...
AllHome Corp., the Philippines’ pioneering one-stop full line home center, has opened its newest location in Vista Mall Davao, bringing the retailer’s nationwide store network count to 58 locations. “We are excited to open an additional AllHome location in a rising urban location in Davao...
Robinsons Land Corporation, one of the country’s leading property developers, is planning to raise up to P15 billion from a bond issuance representing the initial tranche of its P30 billion shelf-registered bonds. RLC’s proposed bond issuance is worth P10 billion with an oversubscription option...
The local stock market is seen to continue to be weighed down by concerns over rising inflation and its impact on monetary policy and consumption both here and abroad while investors will keep an eye on remittance and balance of payments data. “The local market is seen to have a downward bias...
The local stock market ended the week with a steep drop after US bourses fell on concern that the Fed may raise rates faster in reaction to high inflation. The PSEi’s loss kept mounting before closing lower by 228.55 points or 3.38 percent to close at 6,530.04 as the Property sector led the...
The Annual Stockholders’ Meeting of Lopez Holdings Corporation on Thursday, July 14, 2022 will be held virtually over a secure online meeting platform. The company has announced that due to current public health concerns, stockholders may participate via remote communication, and cast their votes...
