The local stock market followed the previous day’s jump with a stronger rally just before the MSCI rebalancing and over optimism fueled by the fiscal stimulus bill. The PSEi surged 323.90 points or 5.11 percent to close at 6,665.14 as all sectors advanced. Volume of trades also spiked, rising to...
From the standpoint of the Bangko Sentral ng Pilipinas (BSP), the current COVID-19 pandemic is a “most opportune teachable moment.” Despite disrupting the rhythm and tempo of Filipinos’ daily lives, the acceleration of digital transformation has also fast-tracked their ability to comprehend...
The Philippine stock market jumped on the passage of the pandemic relief law and the start of month’s end window-dressing. The main index surged 144.53 points or 2.33 percent to close at 6,341.24 as share prices rose across the board. Volume also spike to 1.26 billion shares worth P13.09 billion...
The Kilusang Magbubukid ng Pilipinas (KMP) has batted for a P15,000-subsidy for farmers and fishermen following the approval the House of Representatives on second reading the proposed Bayanihan 3, the government's third economic stimulus package. In a statement, the KMP called out the House of...
Career shift FROM FA TO FA Jason Caro For most people in their 20s to early 30s, choosing a career path can be challenging. The phrase “follow your passion and you’ll never work a day in your life” is often thrown around but in reality, finding the right career is an anxiety-riddled path....
The local stock market bounced as investors took their cues from gains in overseas markets. The main index rose 31.82 points or 0.52 percent to close at 6,196.71 although sectoral indices were evenly mixed. Advancers were led by blue-chip Holding Firms while miners were the biggest decliners....
The local stock market weakened as investors fretted over the possibility of higher US interest rates. The main index dropped 34.36 points or 0.55 percent to close at 6,164.89 as all indices retreated, led by the interest rate-sensitive Property sector. Volume was low with 1.09 billion shares worth...
Late buying allowed the local stock market to close flat as investors continued to sit on the sidelines. The main index eked out a gain of 1.61 points or 0.03 percent to close at 6,199.25 with only the Financials and Services counters in the red. Volume remained weak with 1.63 billion shares...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Where else does one show how fintech can promote financial inclusion but in poor countries where access to electronic payments and settlement could spell the difference between life and death during this pandemic. Last year, the IMF focused on Rwanda’s...
The government has distributed "billions" of assistance to the poor to help them cope with the pandemic, President Duterte said in rejecting criticisms the government was doing nothing to provide aid during the pandemic. President Rodrigo Duterte (File photo/Malacañang) In a televised address...
The Department of Tourism (DOT) distributed nearly P1.5 million in "ayuda" or cash aid to displaced tourism workers in the historic "Walled City" of Intramuros, Manila on Monday, May 17. The activity coincided with the reopening of two popular sites in Intramuros, which was made possible by Metro...
The PSEi managed to start the week in the green, thanks to late buying that allowed it to recover from early losses. The main index inched up 14.22 points or 0.23 percent to close at 6,283.58 with only the Financials and Holding Firms counters retreating. Volume was weak with 2.3 billion shares...
