The PSEi managed to close almost flat despite weaker economic data released both in the US and in the Philippines. The main index shed 1.33 points or 0.02 percent to close at 6,465.53 with sectoral indices evenly divided. Volume was relatively stable at 730 million shares worth P6.59 billion as...
The world feels more unstable than it has in decades. One day it’s a new trade war shaking up global markets. The next, a breakthrough in AI makes entire job categories uncertain. Add climate disruptions, geopolitical tensions, and economic volatility, and it’s no wonder people are feeling...
The local stock rallied after the early release of results of a peaceful mid-term elections and a pause on the US-China trade war. The main index jumped by 108.62 points or 1.68 percent to close at 6,566.82 as the Services sector lead the charge while Miners lagged behind as gold prices dropped....
The Philippines touts a 5.6 percent gross domestic product (GDP) growth in 2024, the highest in the region. With the highest GDP growth rate and one of the two biggest national budgets in ASEAN (2021-2025), it has little to show—except the lowest GDP per capita in the region. Besides, our 1.9...
Investors in the Philippine stock market will be watching out for news on how the mid-term elections was conducted and how the Marcos administration’s candidates fared while also waiting for the release of remittance numbers. Rizal Commercial Banking Corporation Chief Economist Michael L....
Ayala-led Globe Telecom Inc. saw its net income expand in the first quarter of the year as its equity stake in Mynt, the holding company of popular e-wallet GCash, continued to pay off even after the dilution of its share. In a regulatory filing published on its website, Globe reported that its net...
The local stock market ended the week higher as investors cheered to announcement of a trade deal between the US and the UK. The main index jumped 68.71 points or 1.08 percent to close at 6,458.20 as Conglomerates led the advance while Miners declined with weaker gold prices. Volume grew to 738...
DAVAO CITY – The Davao City Council passed on second reading on Tuesday, May 6, a proposed ordinance that would increase the annual financial assistance for senior citizens from P1,500 to a maximum of P3,000. Councilor Pilar Braga, chairwoman of the Committee on Education, Science and...
The local stock market weakened after first quarter economic growth was slower than the government’s target while the Fed did not cut its policy rates. The main index dropped 75.96 points or 1.17 percent to close at 6,389.49 with Conglomerates leading the retreat across the board. A total of 733...
An internet search will easily yield a wide variety of answers about the learning process, but I want to share my own experience and approach to succeeding in it. It really starts with the goal, or what you want to learn or know. From there, you need to gather information about the subject. Once...
The PSEi rallied on expectations of a US trade deal coupled with upbeat first quarter earnings reports. The main index jumped by 102.80 points or 1.64 percent to close at 6,354.99 with the Property sector and Banks leading the charge although the Services and Mining counters dropped. Volume rose to...
Financial technology firm Skyro Lending, Inc. reported that it is slowly gaining traction from local and international banks to help finance its business growth throughout this year. In a roundtable discussion on Tuesday, April 29, Nasim Aliev, co-founder and co-chief executive officer of Skyro,...
