The Philippine Stock Exchange index (PSEi) declined for the third straight session on Monday, Feb. 16, as its investors cashed out before the Lunar New Year holiday and the Bangko Sentral ng Pilipinas ’ (BSP) policy meeting. The main index shed 16.03 points, or 0.25 percent, to close at...
Local stock market is poised to trade on expectations surrounding the Bangko Sentral ng Pilipinas’ (BSP) upcoming policy meeting, with investors looking for a pivot toward monetary easing. The Monetary Board’s decision and subsequent guidance will be crucial in determining whether the...
The Philippine Stock Exchange index (PSEi) fell on continued profit-taking on Friday, Feb. 13, after the government reported a steep fall in foreign investment pledges. The main index dropped 86.67 points, or 1.34 percent, to close at 6,384.58. Miners led the retreat across the board. Volume...
The Manila City Government has approved the distribution of P11 million in financial assistance to patients under its KAAGAPAY Program, extending support to residents facing serious medical conditions. Manila City Mayor Francisco “Isko Moreno” Domagoso made the statement on Friday, Feb. 13,...
Local equities snapped a two-day winning streak on Thursday, Feb. 12, as investors moved to lock in gains from recent rally, tracking the broader retreat in global markets following strong United States (US) labor data. The Philippine Stock Exchange index (PSEi) declined 27.57 points, or 0.42...
Owning an asset on paper is not quite the same as having physical possession of it. At one point, currency was primarily in the form of coins where the value was straightforward, derived from the gold or silver content itself. As recently as a century ago, most coins were minted from precious...
Local stocks extended a winning streak to a second session as strengthening peso lured investors back to the equity market, pushing the benchmark index to its highest level in nearly seven months. The Philippine Stock Exchange index (PSEi) advanced 24.22 points, or 0.37 percent, to settle at...
The PSEi surged as the stronger Peso and rise in foreign investments fueled today’s rally. The main index jumped by 125.44 points or 1.98 percent to close at 6,474.60 with the Services sector leading the charge across the board. Volume was weak though at 754 million shares worth P6.86 billion as...
Once the crown jewel of the Philippines’ blue economy, our marine sector is now gasping for air. A policy report by the US-based Oceana titled “Net Loss: How Governance Gaps are Sinking Philippine Fisheries” paints a grim picture of a resource in freefall—a systemic collapse that should...
Equities market is shifting into a defensive crouch as investors pivot from a broad-based rally toward a granular assessment of corporate earnings and macroeconomic stability. After a volatile start to the year, market participants are scouring fourth-quarter results, foreign direct investment...
On Jan. 9, 2026, I stood before my son, Carl, and his bride, Toni, not merely as a father, but as a witness to the evolving landscape of the Filipino family. Carl—a man of melodies and sketches—was embarking on a journey far removed from the cold, linear precision of my math worksheets. I...
Local shares retreated on Wednesday, Feb. 4, as investors locked in profits ahead of inflation report, pausing a rally that had recently pushed the benchmark index above the 6,400 mark. The Philippine Stock Exchange Index (PSEi) fell 29.01 points, or 0.45 percent, to close at 6,372.95. Market...