The local stock market started the week with some profit-taking as investors wait for economic news from the US. The main index shed 34.14 points or 0.53 percent to close at 6,403.24, dragged down by the Property and Holding Firms counters while all other sectors actually advanced. Volume improved...
United States (US) Second Gentleman Douglas Emhoff announced on Monday, Nov. 21, that the US through the United States Agency for International Development (USAID) will be providing $5 million to accelerate the country's vaccine rollout. (Photo from DOH Facebook page) Emhoff made the announcement...
The local stock market ended the week higher after the Bangko Sentral raised policy by 75 basis points as expected. The PSEi rose 33.64 points or 0.52 percent to close at 6,437.38 with Banks leading the advance. Volume was lower at 570 million shares worth P5.33 billion as gainers outnumbered...
The local stock market managed to end in the green after seeing some losses earlier in the session as investors wait for the result of the Bangko Sentral policy meeting. The main index added 11.65 points or 0.18 percent to close at 6,403.74 with sectoral indices again evenly mixed. Volume was...
Filinvest Development Corporation (FDC), the holding company of the Gotianun family, reported a 36 percent drop in attributable net income to P3.97 billion in the first nine months of 2022 from the P6.18 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange,...
The House Committee on Social Services has approved the consolidation of a measure, which seeks to institutionalize the Assistance to Individuals in Crisis Situation (AICS) Program of the Department of Social Welfare and Development (DSWD). Distribution of DSWD’s Assistance to Individuals in...
The National Economic and Development Authority (NEDA) has assured Malacañang that the Marcos administration’s development plan will be ready for implementation beginning next year. In a briefing with President Ferdinand R. Marcos Jr. last Nov. 15, Socioeconomic Planning Secretary Arsenio M....
Stock market investors finally start taking profits made during the PSEi’s recent rally and ahead of the expected rate hike by the Bangko Sentral on Thursday. The main index shed 26.85 points or 0.42 percent to close at 6,392.09 with sectoral indices evenly mixed. Volume rose 969 million shares...
The local stock market rose despite a pause in the US bourses’ rally as investors hope for slower interest rate hikes. The PSEi rose 64.18 points or 1.01 percent to close at 6,418.94. Except for the Properties, all sectors were in the green with Conglomerates leading the advance. 92486 A total of...
The current administration is expected to present the Philippine Development Plan (PDP) 2023 to 2028 next month. (Photo courtesy of the Office of the Press Secretary) Socioeconomic Planning Secretary Arsenio Balisacan , who also heads the National Development and Economic Authority (NEDA),...
The local stock market continued to rise on fresh corporate earnings reports as well as the easing of inflation rate in the US announced last week. The main index added 67.99 points or 1.08 percent to close at 6,354.76 as Conglomerates led the advance although the Mining and Oil counter retreated....
International Film Industry Conference 2022 aims to bring synergy to stakeholders Hearing film experts from neighboring ASEAN countries and bridging connections for progressive co-productions are the goals of the government to help the film industry rise against the economic slump caused by the...
