Vice President Leni Robredo has requested from Congress a P703-million budget for her office in 2022, which is significantly lower than the P900-million allocation this year. Vice President Leni Robredo (Jansen Romero/Manila Bulletin) Of this figure, P558.8 million will go to maintenance and other...
The local stock market started the week lower as investors fret over the rising COVID cases in the country. The main index lost 41.55 points or 0.63 percent to close at 6,592.67 with only the Industrial and Services counters advancing. 28023 Volume was steady at 1.94 billion shares worth P6.29...
The Department of Foreign Affairs (DFA) said that its consular offices (CO) in the National Capital Region (NCR) and all Temporary Off-Site Passport Services (TOPS) facilities will now resume operations after the region was downgraded to a less stringent quarantine classification. (FILE...
The local stock market finally gave way to profit-taking to end the last day of an upbeat week in the red. The main index dropped 85.29 points or 1.27 percent to close at 6,633.22 as the Holding Firms and Property counters led all sub indices in the retreat. 27538 Volume was steady at 2.04 billion...
The local stock market managed to end higher even after posting losses early in the trading due to a downgrade in the country’s growth target by the government. The main index advanced 38.33 points or 0.57 percent to close at 6,718.51 as Holding Firms continue lead forward with only the...
President Duterte may deliver another public address this week to announce Metro Manila's new quarantine classification as its stay under strict lockdown is set to end on August 20, Malacañang said. File photo (Ali Vicoy/Manila Bulletin) Presidential Spokesman Harry Roque made the statement a...
The local stock market rallied for the third day as investors are becoming more optimistic over the country’s COVID situation. The main index jumped 118.77 points or 1.81 percent to close at 6,680.18 led by the Holding Firms and Property counters although the Mining and Oil sector continued to...
The local stock market added more gains following better remittances data and in anticipation of positive earnings reports from overseas. The main index hiked 47.73 points or 0.73 percent to close at 6,562.41 as the Property sector continued to lead the advance while the Mining and Oil counter was...
GT Capital Holdings, Inc. reported a 143 percent surge in consolidated net income to P6.7 billion for the first half of 2021 from P2.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the conglomerate said its core net income increased 83 percent to P5.8...
The local stock market jumped as investors scooped up bargains following last Friday’s huge drop in share prices. The main index rose 193.49 points or 3.06 percent to close at 6,513.68 as the battered Holding Firms sector led the rally with only the Mining and Oil counter retreating. 26645 Volume...
Local share prices plunged as foreign investors dumped stocks ahead of the effectivity of the new PSEi composition next week. The main index fell 236.38 points or 3.61 percent to close at 6,320.19 after the Holding Firms counter lost 5.21 percent. Only the Financials sector managed to hold its...
The local stock market fell after the MSCI index rebalancing as well as due to concern over rising COVID cases. The main index lost 110.29 points or 1.65 percent to close at 6,556.57 as thr Property and Holding Firms counters led the retreat with only the Mining and Oil sector managing to advance....
