Mobile e-wallet GCash has 40 million Filipino users todate and continues building its user base reach at least half of the population, or 50 million, for a more inclusive financial ecosystem to fast-track economic recovery. Our partnerships with the private sector have provided us with a wide...
The local stock market dipped as investors are hesitant to bring up share prices while waiting for the outcome of the central bank policy meeting. The main index shed 32.41 points or 0.47 percent to close at 6,886.00 with only the Financials and Industrial counters managing to advance. Volume was...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Seals of approval for sovereigns like the Philippines are difficult to obtain. International financial institutions (IFIs), credit rating agencies (CRAs) and foreign investors would usually scrutinize our ability to withstand global shocks. While...
The local stock market rose as it continues to gather strength from gains in US bourses. PH STOCKS The main index was 48 points or 0.70 percent higher at 6,918.41 as sectoral indices moved higher across the board. The Property counter recovered and led the day’s advance. Volume improved slightly...
The local stock market recovered some losses from the past days in line with a bounce in US bourses. PH STOCKS The PSEi rose by 43.24 points or 0.63 percent to close at 6,870.41 as Holding Firms advanced the most while only the Financials counter retreated. Volume remained tepid though at 2.55...
The local stock market started the week lower after US bourses drop on concern that interest rates will soon go up. The main index dropped 24.21 points or 0.35 percent to close at 6,827.17 with Holding Firms leading the retreat while only the Property sector managed buck the trend. Volume fell to...
The local equities market weakened further as investors continue to pocket gains from a stalled rally. The PSEi dropped 36.54 points or 0.53 percent to close at 6,851.38 with only the Industrial and Services sectors advancing while the Property index led the retreat. Volume was lower at 2.25...
The local stock market was flat amid some profit-taking and portfolio rebalancing. PH STOCKS The main index shed 3.38 points or 0.05 percent to close at 6,973.35 with only the Financials and Property sectors managing to advance as the Mining and Oil counter led the decline. Volume rose to 5.22...
A family of four was found dead inside their house in Biñan, Laguna on Tuesday in what police investigators believe could be a case of parricide and suicide. Johnny Martinez, 46, was found dead and hanging inside the house that he shared with his live-in partner Jolly Espinas, 41 and their two...
Local share prices rose Tuesday, (June 15) further after government eased quarantine restrictions in the national capital region. The main index moved up by 59.24 points or 0.86 percent to close at 6,976.73 with only the Financials sector dipping on profit-taking. Volume was also higher at 5.13...
The local stock market started the week almost flat as investors wait to see if the government will further ease quarantine restrictions in the nation’s capital. The main index inched up 9.70 points or 0.14 percent to close at 6,917.49 although sectoral indices were evenly mixed with banks...
This week, local stock market will be waiting for the announcement on whether quarantine measures will be eased further, especially in the nation’s capital, while also observing if the government can speed up its vaccination program. “Investors are expected to watch out for the government’s...
