The Philippine Stock Exchange index (PSEi) rose for the fourth day on Monday, July 6, on expectations of a lower June inflation rate, although late profit-taking pared most of the day’s gains. The main index added 35.96 points, or 0.58 percent, to close at 6,223.99. Banks led the advance, while...
The Philippine Stock Exchange index (PSEi) closed the week on a positive note as investor sentiment continued to be lifted by lower oil prices and improved macroeconomic signals. The main index rose by 62.31 points, or 1.02 percent, to close at 6,188.03 on Friday, July 3. Miners led the advance due...
Ayala Corp., the oldest conglomerate in the country, is deploying ₱5 billion to aggressive equity purchases of its primary real estate subsidiary, Ayala Land Inc., seeking to stabilize the property giant following a steep market selloff. The Zobel-led parent company informed the Philippine Stock...
Equities market rose for a second consecutive session as investors welcomed the World Bank’s reclassification of the country’s economic status and the steady performance in domestic manufacturing. The Philippine Stock Exchange index (PSEi) gained 56.46 points, or 0.93 percent, to close at...
ACEN, through its wind energy projects in Ilocos Norte — the 81 MW North Luzon Renewables, 160 MW Pagudpud Wind, and 70 MW Capa Wind — has partnered with a leading community bank to equip farmers and seedling producers with financial management skills and access to relevant banking services....
When a crisis hits, the atmosphere is filled with intense stress, uncertainty, and chaos. The natural instinct is to pull down the blinds, stay tight-lipped, and hope the issue simply goes away. But a crisis is not just a threat to a brand’s bottom line; it is a human event that impacts real...
DAVAO CITY – The Davao City Council approved on Tuesday, June 30, a P3-million financial aid for local government units in Davao Occidental and Sarangani affected by the recent magnitude-7.8 earthquake. During the City Council 's regular session at Sangguniang Panglungsod, councilors passed...
Local equities snapped a streak of losses, joining the broader regional rally as diplomatic efforts to ease Middle East tensions soothed investor anxiety and drove oil prices down. The Philippine Stock Exchange index (PSEi) advanced 32.09 points, or 0.53 percent, to close at 6,069.26. Despite the...
Malacañang announced that President Marcos has extended more than P1 million in financial assistance to the families of students killed and injured in the deadly shooting at a public high school in Tacloban City, saying the tragedy had left the President "heartbroken." In a press briefing on...
Local stocks retreated on the final trading day of the first half as investors locked in gains from a three-day rally, driven by mounting concerns over local inflation and shifting geopolitical dynamics. The Philippine Stock Exchange index (PSEi) dropped 1.6 percent—or 96.24 points—to close at...
Artificial intelligence is poised to become the defining technology of our generation. Like electricity and the internet before it, AI will transform how we work, learn, govern, and compete. But unlike previous technological shifts, AI has the potential to widen inequality at unprecedented speed....
The Securities and Exchange Commission (SEC) warned the public against dealing with Empire X Capital and Astra Financial Service Group because they are not authorized to solicit investments. The commission said it received reports that individuals or groups are enticing the public through social...
