Presidential Adviser for Entrepreneurship Joey Concepcion welcomed the Metro Manila mayors’ unanimous vote to downgrade the National Capital Region (NCR) to Alert Level 1 starting March 1, saying the National Capital Region (NCR) is ready for the much-awaited downgrade. Presidential Adviser for...
Shoppers flock to bargain stores along Ilaya Street in Divisoria, Binondo, Manila, on Oct. 14, 2021. (Photo by Ali Vicoy) Some members of the medical community said that the government must make sure that safeguards are in place before downgrading Metro Manila to Alert Level 1. Adherence to minimum...
The local stock market bucked the global downtrend and bounced back as cautious investors turned into bargain hunters. The main index rose 68.66 points or 0.93 percent to close at 7,440.91 as Holding Firms led gainers although Banks and Property issues were left behind. Volume rose to 3.13 billion...
The local stock market weakened further as the situation at the Russian and Ukranian border continue to heat up. The main index lost 46.54 points or 0.63 percent to close at 7,372.25 although sectoral indices were evenly mixed as conglomerates fell while property firms rally. Volume rose to 1.4...
Security Bank Corporation’s investment arm, SB Capital Investment Corporation has received three deal accolades from Hong-Kong based financial magazine The Asset as well as several awards from other institutions. SB Capital was received the “Best Local Currency Green Bond Award” for serving...
The local stock market declined on renewed concern over tensions between Russia and Ukraine. The main index shed 20.14 points or 0.27 percent to close at 7,418.79 as the Industrial counter led the retreat that was partially offset by the strong gains of the Property and Mining and Oil sectors....
Editorial In support of the Philippine government commitment to the global climate summit last year, the Bangko Sentral ng Pilipinas last week released Annex A to the Sustainable Finance Framework that was issued in April 2020 embodying the guiding principles. Among the incentives being considered...
The Philippine Stock Exchange index ended slightly lower after a day of volatile trading. The main index dipped 13.89 points or 0.19 percent to close at 7,438.93 with sectoral indices evenly mixed. Volume dropped to 911 million shares worth P6.82 billion as gainers outpaced losers 107 to 77 with 56...
The local stock market bounces back following positive news overseas and in the domestic front. The main index jumped 142.88 points or 1.96 percent to close at 7,452.82 with the Property and Services sectors leading the rally across the board. Volume rose to 1.16 billion shares worth P9.53 billion...
Local share prices weakened amid growing tension between Russia and Ukraine as well as lingering concern over US interest rates. The PSEi shed 52.21 points or 0.70 percent to close at 7,309.94 as the Property sector led the retreat while the Holding Firms and Mining and Oil counters posted gains....
Health Secretary Francisco Duque III said on Tuesday, Feb. 15 that they will assess the safety seal program being implemented by the government on Thursday and if it is up to par, then the National Capital Region (NCR) may ease to Alert Level 1 by the first week of March. People in queue for goods...
The camp of presidential aspirant Ferdinand “Bongbong” Marcos Jr. on Monday refuted a UK-based think tank report stating that Marcos Jr. would be bad for the economy if he wins the presidency. Lawyer Vic Rodriguez, Marcos Jr.’s spokesman, said in a statement it is “unfortunate” for...
