The local stock market closed slightly lower as some investors locked in gains made during the week. The main index shed 8.92 points or 0.13 percent to close at 6,873.23 with sectoral indices evenly divided. Volume was low at 1.48 billion shares worth P4.58 billion as gainers edged out losers 85 to...
The local stock market moved up on the back of higher US equities while investors were optimistic about the result of the central bank’s Monetary Board policy meeting. The PSEi added 27.62 points or 0.40 percent to close at 6,882.15 as Industrials led the advance while the Property sector was the...
BACOLOD CITY – Thirty-eight former members of the New People’s Army (NPA) from Himamaylan City, Negros Occidental received P270,000 financial and educational assistance on Valentine’s Day. MAYOR Raymund Tongson Jr. (center) leads the distribution of financial and educational aid to 38 former...
The local stock market ended slightly higher despite a weak start as investors wait for results of the Bangko Sentral ng Pilipinas (BSP) policy meeting. The main index added 26.61 points or 0.39 percent to close at 6,854.53 with the Industrial sector posting the highest gain while the...
The local stock market recovered the previous day’s loss as investor sentiment got a boost from the higher foreign direct investments data for November. The main index added 20.10 points or 0.30 percent to close at 6,872.92 as Industrials led the advance. Volume improved a bit to 557 million...
Investors took profits from the local stock market after last week’s rally while waiting for a fresh batch of Philippine and US economic news. The main index dropped 42.34 points or 0.62 percent to close at 6,807.82 as the Property sector led the decline with only the Services counter...
Bicol Saro Party-list Rep. Brian Yamsuan (Facebook) As workers continue to lose their hard-earned money to scammers and fraudulent activities, a neophyte lawmaker in the House of Representatives proposed the creation of government-led financial literacy programs...
The local stock market will be looking for cues from fresh corporate earnings reports and the US inflation data this week, even as some profit-taking is expected after the recent rally fueled by the low inflation rate and expectations of rate cuts later this year. “The local market continues to...
LONDON, United Kingdom -- British bank Barclays said Friday it would stop directly financing its energy clients' new oil and gas projects, but still ran into fierce criticism from campaigners who said the moves don't far enough. As part of its updated climate strategy, the bank added it would...
LAOAG CITY, Ilocos Norte – The Provincial Government of Ilocos Norte (PGIN) and 22 component local government units bagged the 2023 Seal of Good Financial Housekeeping (GFH) from the Department of the Interior and Local Government (DILG). Awardees were Adams, Bacarra, Badoc, Bangui, Banna,...
SAN FERNANDO CITY, La Union -- Stall owners affected by the fire that razed the public wet market in this city on January 11 have received P10-million cash aid from the Department of Social Welfare and Development (DSWD). P7.5 million came from the DSWD Field Unit 1 while P2.5...
ILOILO CITY – The provincial government of Guimaras has earned the Good Financial Housekeeping status from the Department of the Interior and Local Government (DILG). DOMESTIC tourists pose for a selfie in front of the Guimaras provincial capitol. (Tara Yap) Guimaras was one of the 68...