Local equities advanced, pushing the benchmark index back above the key 6,400 threshold, as the temporary breather in global energy markets and anticipation of strong second-quarter earnings lured bargain hunters back to the table. The Philippine Stock Exchange index (PSEi) climbed 78.96 points, or...
Local equities rose for the second consecutive day as easing concern over the path of United States (US) interest rates and major foreign investment proposal in the local energy sector bolstered investor sentiment, overshadowing geopolitical tensions in the Middle East. The Philippine Stock...
A sustainability session focused on climate-related financial disclosures was organized recently by Philippine National Bank’s (PNB) Corporate Sustainability Division, headed by Jean Baruelo, and attended by PNB’s Board and management. Geocel Olanday is the Chairman of PNB’s Sustainability...
The Philippine Stock Exchange index (PSEi) rose on Wednesday, July 15, lifted by gains on United States (US) markets after a lower inflation rate eased fears of an aggressive US Federal Reserve (Fed) rate hike. The main index gained 46.48 points, or 0.74 percent, to close at 6,302.5. Banks led the...
The Philippine Stock Exchange index (PSEi) opened the week lower as early bargain-hunting gave way to concerns over rising tensions in the Middle East. The main index shed 20.98 points, or 0.33 percent, to close at 6,265.72. Miners led the retreat, while services was the only sector to finish in...
Local equities market faces renewed wave of investor caution as mounting geopolitical tensions in the Middle East threaten to stall a two-week rally. While the Philippine Stock Exchange index climbed 3.53 percent over the past two weeks, underlying market participation remains weak. Daily value...
The Philippine Stock Exchange index (PSEi) resumed its upward trajectory on Friday, July 10, after the previous trading day’s breather, as easing United States (US)-Iran tensions and a vote of confidence in the Philippine economy from US aid agency Millennium Challenge Corp. (MCC) lifted investor...
Local stocks snapped a six-day winning streak, retreating as a flare-up in geopolitical tensions between the United States (US) and Iran prompted investors to lock in profits following the weeklong rally. The Philippine Stock Exchange index (PSEi) fell 51.9 points, or 0.83 percent, to close at...
Banish the thought that the World Bank 's classification of the Philippines as an “upper-middle-income” economy is the silver bullet to slay the dragon of widespread poverty. It is a myth—not reality. Find out why. From 1987 to 2025—spanning almost four decades—the Republic of the...
Three of the country’s largest business groups have backed the expansion of benefits provided by state-run Philippine Health Insurance Corp. (PhilHealth), but stressed that timely and complete premium payments are crucial to sustain the national health insurer’s finances and further widen...
It is bad enough not to have any savings, but to be in consumer debt is much worse. What is consumer debt? It is when you borrow money for personal, family, or household consumption—such as eating out, shopping, auto and appliance loans, holidays, travel, vacation, entertainment, and all kinds of...
The Philippine Stock Exchange index (PSEi) rose for the fourth day on Monday, July 6, on expectations of a lower June inflation rate, although late profit-taking pared most of the day’s gains. The main index added 35.96 points, or 0.58 percent, to close at 6,223.99. Banks led the advance, while...
