Local stocks are poised to remain under pressure as an escalating conflict in the Middle East—labeled by analysts as the decade’s second “Black Swan” event—threatens to offset attractive local valuations. The benchmark Philippine Stock Exchange index (PSEi) is struggling to maintain its...
We carefully plan our vacations, business trips, and even weekend getaways. Yet, who knows when we will take that “inevitable journey” of no return? If we don’t know when it will happen, how do we plan for it? A recent experience shared by my good friend Veronica “Onnie” Lorenzana (of...
Manila Mayor Francisco "Isko Moreno" Domagoso announced the allocation of P17,444,576.75 to pay for the hospital expenses of 28 patients under the city 's Kaagapay Program, which provides financial assistance for residents with critical and life-threatening conditions. Domagoso, together with...
Local equities snapped a three-day losing streak on Tuesday, March 17, as investors engaged in selective bargain hunting, though gains remained capped by persistent anxiety over geopolitical tensions and the trajectory of interest rates. The Philippine Stock Exchange index (PSEi) advanced 19.46...
The Commission on Higher Education (CHED) on Tuesday, March 17, announced that it has partnered with the Land Bank of the Philippines (LANDBANK) to accelerate the release of scholarships and financial assistance, addressing long-standing delays that have burdened thousands of Filipino students. In...
The Senate has approved on third and final reading a bill seeking to provide overseas Filipino workers (OFWs) and their families with free financial literacy education to protect their earnings and promote economic security. Sen. Raffy Tulfo, who chairs the Committee on Migrant Workers, thanked...
When the phrase “digital assets” appears in the news today, it is usually associated with cryptocurrencies or blockchain technologies. That is not the subject of this article. For most organizations, the most valuable digital assets are far more ordinary: payroll records, customer databases,...
Local stocks retreated for a third consecutive session on Monday, March 16, briefly sliding below the critical psychological threshold as the escalating conflict in the Middle East pressured the local currency and fueled concerns over imported inflation. The Philippine Stock Exchange index (PSEi)...
Manila City Mayor “Isko Moreno” on Monday announced the early release of P1.76 billion in financial assistance, incentives, and barangay shares to support residents and keep the city’s economy moving, to help Manileños from the impact of rising global oil prices. The funding package, sourced...
The local stock market is expected to remain bearish this week due to the ongoing conflict in the Middle East and its impact on oil prices and the peso, while investors will also keep an eye on remittances from overseas Filipinos (OFs) last January. “Investors are expected to monitor the...
Negros Occidental Gov. Eugenio Jose Lacson on Friday said that the financial assistance program for barangays in the province will be temporarily put on hold because of the current situation in the Middle East. Lacson made the announcement during the annual distribution of financial aid to several...
The Philippine Stock Exchange index (PSEi) dropped back to the 6,000 level on Friday, March 13, as global markets reacted to Iran’s intent to close the Strait of Hormuz and send oil prices to $200 a barrel. The main index dropped 54.64 points, or 0.89 percent, to close at 6,058.94. The mining...
