The local stock market bounced back after last week’s decline, which was a knee-jerk reaction to higher tariffs that may be imposed by the United States (US) on Philippine goods. The main index jumped 65.16 points, or 1.01 percent, to close at 6,525.04. Miners and conglomerates led the advance...
Local stock market investors are closely watching two key developments this week, updates on trade negotiations between the Philippines and the United States (U.S.) and the release of data on remittances from overseas Filipinos (OFs). “The US’ planned 20-percent tariffs against the Philippines...
The PSE index ended marginally lower as investors remain cautious amid uncertainty over United States (US) tariffs. The main index shed 3.32 points, or 0.05 percent, to close at 6,459.88, with sectoral indices equally divided. Volume was strong at 4.4 billion shares worth ₱9.45 billion, as...
The Philippine Stock Exchange index (PSEi) closed lower on Thursday, July 10, after the United States (US) increased tariffs on goods from Manila. The main index shed 41.14 points, or 0.63 percent, to settle at 6,463.20. Banks led the decline, while Services and Mining sectors saw strong gains....
Imagine touring a farm from the comfort of your home. That 's precisely what Dr. Rolando “Olan” Maningas, head of the Agricultural Training Institute (ATI) Calabarzon Center, showcased in his “Steering Digital Transformation Through AGRi 360” presentation. We virtually visited Ed...
The Philippine Stock Exchange index (PSEi) rose for the third straight session on indications that the United States (US) may be willing to compromise and set tariffs at lower levels. The main index jumped by 70.74 points, or 1.1 percent on Wednesday, July 9, to close at 6,504.34. Services led the...
The Philippine Stock Exchange benchmark index (PSEi) inched up following generally positive economic news, including employment and manufacturing data. The main index added 8.36 points, or 0.13 percent, to close at 6,433.60. Only conglomerates and services advanced, while most sectors were down....
Why is the Philippines a forever rising tiger? It’s a question that keeps coming up, again and again, in business forums, political debates, and even casual conversations. We always seem to be at the edge of something big, full of potential, full of promise. And yet, somehow, we never quite get...
CEBU CITY – Former New People’s Army rebels received cash assistance from the provincial government of Bohol. Through the Enhanced Comprehensive Local Integration Program (E-CLIP), Gov. Aris Aumentado said his administration is strengthening its support for rebels who return to the fold of the...
The Philippine Stock Exchange index (PSEi) gained on Monday, July 7, buoyed by another extension of the deadline for the United States’ (US) imposition of higher tariffs. The main index added 29.67 points, or 0.46 percent, to close at 6,425.24. Banks led the advance, while mining and conglomerate...
The inter-agency Financial Stability Coordination Council (FSCC) reassured that Philippine banks maintain robust capitalization and ample liquidity buffers, navigating through global and local challenges. The BSP said in a statement released on Monday, July 7, that during the FSCC’s meeting for...
A decade after the passage of Republic Act No. 10687—which established the Unified Student Financial Assistance System for Tertiary Education (UniFAST)—most of its key responsibilities remain unfulfilled. This was revealed during a recent review of the Commission on Higher Education (CHED)...
