The Philippine Stock Exchange index (PSEi) fell below the 6,000-point level as investor confidence was eroded by weaker peso and forecasts for slower economic growth. The main index dropped 65.94 points, or 1.1 percent, to close at 5,988.02 on Friday, Oct. 24, with mining stocks leading the...
Amid the earthquakes, floods, and corruption scandals, it was a relief to visit the 73rd edition of MANILA FAME at the World Trade Center. This event—the vital link between local artisans and international markets—offered some good news to tell. Its theme, “Objects of Nature,” showcased the...
The Philippine Stock Exchange index (PSEi) declined, tracking a retreat in the peso and gold prices. The benchmark PSEi shed 62.66 points, or 1.03 percent, to close at 6,030.87. Mining shares led the retreat, with only conglomerates managing to hold ground. Volume increased to 12.06 billion shares...
BACOLOD CITY – This highly-urbanized city recently disbursed P6,000 cash aid each totaling P5.6 million to 936 solo parents as part of the city government’s Solo Parents Welfare Program. Each beneficiary P1,000 per month from January to June 2025 during the distribution at the Bacolod City...
The San Juan City government has allocated P1,000,000 as financial aid for the province of Davao Oriental after powerful earthquakes rocked the region earlier in October, San Juan City Mayor Francis Zamora said on Tuesday, Oct. 21. According to Zamora, the aid was made possible through its City...
Toyota Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of GT Capital Holdings, Inc. (GT Capital), successfully raised ₱5 billion after its minimum ₱2 billion fixed-rate bonds offering was 3.5 times oversubscribed. GT Capital disclosed to the Philippine...
The Philippine Stock Exchange Index (PSEi) halted a three-day losing streak, edging higher as bargain hunters entered the market, encouraged by upbeat US equities. The main index gained 9.46 points, or 0.16 percent, to close at 6,093.53 on Tuesday, Oct. 21. Only the Industrial and Services sectors...
Sometimes I ask myself if it’s even possible to change the mind of someone who’s become a true believer. You know the kind—people who defend their favorite politician as if their life depended on it, or who treat every word from their pastor as if it came straight from heaven. In the...
The Philippine Stock Exchange Index (PSEi) dipped again, trading sideways as the market awaits corporate earnings reports and other strong catalysts to disperse the uncertainty hanging over investors. The main index shed 5.46 points, or 0.09 percent, to close at 6,084.07 on Monday, Oct. 20. Miners...
The Philippine Stock Exchange index (PSEi) was almost unchanged on Thursday, Oct. 16, after late selling erased the day’s gain as investors locked in profits while waiting for the start of the third-quarter earnings season. The main index shed just 0.43 points, or 0.01 percent, to close at...
We can draw encouragement and caution from nations that have used technology as a governance lever. When implemented smartly, it can shift the balance of power enough to curb corruption. But success always depends on more than code—it rests on people, politics, and institutions. Take Estonia, for...
The Philippine Stock Exchange index (PSEi) rose for a third straight session as investor sentiment improved amid a firmer peso and prospects for further central bank interest-rate cuts. The main index, or PSEi, added 17.88 points, or 0.29 percent, to close at 6,094.10 on Wednesday, Oct. 15,...