The ongoing coronavirus disease (COVID-19) pandemic has not only affected the Filipinos' health but also their wealth as it pushed more than four million individuals deeper into poverty, the Commission on Population and Development (POPCOM) said. A local watchman installs a warning sign on Monday,...
The Technical Education and Skills Development Authority (TESDA) said on Monday, Jan. 3 that it has deployed its trainers for different qualifications to communities affected by Typhoon Odette TESDA Secretary Isidro Lapeña leads the send-off ceremony of 182 trainer-volunteers to augment the...
The local stock market kicked off the new trading year in the red due to concerns over the rising number of COVID cases, specially in Metro Manila. The main index dropped 81.36 points or 1.24 percent to close at 7,041.27 as the Property sector led the retreat although the Mining and Oil counter...
The Philippine Dealing System Holdings Corp. (PDS) plans to launch the country’s first-ever digital corporate bond next month as part of its initiatives to utilize digital technologies to deepen the domestic capital market. In a report to the Capital Market Development Council (CMDC), Antonino...
The local stock market is in for a bumpy ride this year as it will kick off with concerns over a surge in COVID-19 cases possibly due to the highly-transmissible Omicron variant plus the volatility due to the coming elections. “In the latter part of 2021, fears have fueled on the Omicron variant...
The Philippine stock market benchmark index PSEi plunged 2.89 percent on the last trading day of 2021 to 7,122.63. This drop pulled the index to slightly lower than its 7,139.71 close in 2020 when the market was also reeling from the impact of the pandemic. The All Shares index shed 10.6 percent...
The local stock market plunged on the last trading day of the year on fears that the recent rise in COVID-19 cases is the start of a new surge of infections due to the Omicron variant. The PSEi fell 211.93 points or 2.89 percent to close at 7,122.63 as Holding Firms and Banks led the retreat across...
The PSEi breached the 7,300 level as investors easily pushed up share prices amid thinning volume. The main index rose 48.06 points or 0.66 percent to close at 7,334.56 as the Mining and Oil and Property sectors led the rally although the Holding Firms’ counter slipped into the red. Volume dipped...
The local stock market rose on year-end window dressing and some optimism over stronger holiday spending. The main index gained 31.70 points or 0.44 percent to close at 7,286.50 as the Mining and Oil counter led the advance while the Property sector was the sole decliner Volume improved but was...
The Philippines may record its slowest population growth this year as the total number of Filipinos is projected to increase by only 0.3 percent or 324,000 compared to 2020. (MANILA BULLETIN FILE PHOTO) The Commission on Population and Development (POPCOM) called the 2021 record "historic," adding...
The local stock market managed to rise after trading weaker in the morning as few investors still trading start positioning for 2022. The PSEi hiked 72.94 points or 1.02 percent to close at 7,254.80 as the Financials and Services sectors led the advance although the Industrial counter retreated....
For this short trading week, the local stock market is seen to experience thin volumes as investors both here and overseas are still on holiday. “Soft trading activity is expected for the last trading week of the year, as participants take their time to mull strategies—both in the past and...
