The local stock market chalked up a small gain yesterday as most investors are still sitting in the sidelines. The Philippine Stock Exchange index (PSEi) gained 13.03 points, or 0.22 percent, to close at 5,938.33 with the Industrial and Services counters retreating. Volume fell to 1.18 million...
Stallion-Laguna coach Ernie Nierras uses a megaphone to give instructions to his players during a training session at the PFF National Training Centre in Carmona, Cavite. (Photo from PFL) The Philippines Football League announced Wednesday that it scrapped an initial plan of staging a four-team...
The local stock market ended flat yesterday as investors remain cautious amid lack of fresh news. The Philippine Stock Exchange index (PSEi) eked out a gain of 2.07 points, or 0.03 percent, to settle at 5,925.30 with only the Holding Firms and Services counters in the red. Volume improved to 2.79...
The local stock market ended the week lower yesterday over concern that the passage of next year’s budget will be delayed. The Philippine Stock Exchange index (PSEi) shed 11.05 points, or 0.19 points, to close at 5,931.61 with sectoral indices mixed. Volume was lower at 9.16 billion...
The Development Bank of the Philippines (DBP) signed a P5.7-billion long-term loan agreement with a subsidiary of the country's biggest steel manufacturer, Compostela Steel Inc. (CSI), for the construction of its largest facility in Compostela, Cebu. CSI, a subsidiary of Steel Asia Manufacturing...
Despite the declining prices of locally produced palay, the Philippine government agencies are in full force to defend the Rice Tariffication Law (RTL), which allowed the unlimited entry of cheaper imported rice in the country. On Thursday (Oct. 8), four government agencies – the Department of...
It’s a gathering of almost anything and everything Filipino in the 4th edition of the Pista ng Pelikulang Pilipino (PPP) that features at least 145 titles — 67 full-length films and 78 short films. The Film Development Council of the Philippines (FDCP), as organizer of the PPP, extends the call...
Panay Energy Development Corporation (PEDC), a subsidiary of Global Business Power Corporation (GBP), was bestowed highest compliance rating among coal-fired power plants in the country, on its adherence to the rules being enforced by the Wholesale Electricity Spot Market. The company, in a...
Businesses are pessimistic about their operations in the short-term as sales revenue remained depressed despite the easing community quarantine, a survey commissioned by the government and World Bank revealed. Based on the results from the Philippines COVID-19 firm survey, business owners claimed...
It is crunch time for the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) in terms of looking into the tariff impact of pending water project proposals — such as Manila Water's P14-billion Laguna Lake East Bay project — and securing the public approval for these. (MWSS /...
The local stock market posted a small gain yesterday on quarter-end window-dressing. The Philippine Stock Exchange index (PSEi) added 22.63 points, or 0.39 percent, to close at 5,864.23 although the Financials and Industrial counters retreated. Volume remained weak at 1.07 billion shares worth...
Local stock prices weakened yesterday as investors continue to wait for market moving news. The Philippine Stock Exchange index (PSEi) dropped 19.79 points, or 0.34 percent ,to close at 5,841.60 with sectoral indices evenly split between advancers and decliners. Volume was slightly higher at...
