Local equities face heightened downside risks this week as the worsening Middle East conflict sparks energy price spikes, compounding domestic growth and inflation worries. Escalating tensions involving the United States (US), Iran, and Yemen-based Houthi militants have driven global oil benchmark...
SM Investments Corp. (SMIC)-backed PayRex is expanding in the local market with an approach that bypasses the growth-at-all-costs gospel of the financial technology (fintech) sphere. Instead, it favors the unglamorous over the flashy, and resilience over explosive expansion. Jaime Hing III,...
The Philippine Stock Exchange index (PSEi) dipped on Friday, July 24, as share prices fell amid concerns over rising oil prices and the higher tariff the United States (US) slapped on Philippine goods. The main index shed 2.11 points, or 0.03 percent, to close at 6,281.01. Sectoral indices were...
Senator Mark Villar on Friday, July 24, welcomed the early gains of the Anti-Financial Account Scamming Act (AFASA), saying the law is now delivering concrete results in the country 's campaign against online financial crimes. Citing data from the Bangko Sentral ng Pilipinas (BSP), Villar...
The Philippine Stock Exchange index (PSEi) was slightly higher on Thursday, July 23, as some investors started bargain hunting despite rising oil prices because of the United States (US)-Iran war. The main index added 15.27 points, or 0.24 percent, to close at 6,283.12. Banks led the advance, while...
Victims of certain unauthorized digital transactions in the country could soon see their money returned, as banks and e-wallet providers face new potential obligations to reimburse account holders following the expiration of the fraud-prevention deadlines. One year since the Anti-Financial Account...
Many people believe that risk management is only for publicly listed companies or large corporations. Ironically, the opposite is true. Risk management may be even more important for micro, small, and medium enterprises (MSMEs), which typically have fewer financial resources to absorb unexpected...
While stock analysts expect Maynilad Water Services Inc. to be a shoo-in for the Philippine Stock Exchange index (PSEi) next month, the bourse’s revamped criteria for index inclusion are expected to make Aboitiz Power Corp. (AboitizPower) and Synergy Grid & Development Philippines Inc. (SGP)...
Great legal controversies often reveal deeper truths about the institutions that govern us. The ongoing impeachment proceedings against the Vice President are no exception. Beyond the personalities and politics lies a more enduring constitutional question: Can the pursuit of justice become too...
The defense team of Vice President Sara Duterte said the Senate impeachment court 's decision granting the prosecution 's request to subpoena her financial records was not a major setback as it weighs possible legal remedies, including elevating the matter to the Supreme Court. In a press...
Local equities managed to carve out modest gains on Monday, July 20, holding above a key technical floor as strength in heavyweights like International Container Terminal Services Inc. (ICTSI) offset growing anxiety over rising global oil prices sparked by conflict in the Middle East. The...
COL Financial Group Inc., the country’s largest retail stock brokerage, is maintaining its year-end benchmark stock index target of 7,500, betting that cooling crude prices and potential capital market catalysts will outweigh risks stemming from escalated tensions between the United States (US)...
