For the fourth day in a row, index heavyweights led the local stock market lower as US bourses were weaker while investors wait for the US Federal Reserve meeting. The main index shed 6.93 points or 0.11 percent to close at 6,041.04 as Banks and Conglomerates declined although the four other...
The local stock benchmark fell below 6,100 to its lowest level in more than a year as investors worry over interest rates amid rising inflation. The main index plunged 76.60 points or 1.25 percent to close at 6,047.97 with the rate-sensitive Property sector leading the retreat...
ILOILO CITY – The first batch of micro rice retailers in Western Visayas have received their P15,000 cash aid. The Department of Trade and Industry (DTI)-6 aided the Department of Social Welfare and Development (DSWD)-6 in releasing the money for those affected by the government rice price...
Senator Mark Villar, chairman of the Senate Committee on Banks, Financial Institutions and Currencies, pushed for the passage of the proposed Anti-Financial Account Scamming Act (AFASA) to ensure that no scammers will be able to defraud Filipino banking consumers in the long run. Sen. Mark...
The Philippine Stock Exchange index (PSEi) ended flat on low volume although the broader market was weak as investors wait for results of the US Federal Reserve and Bangko Sentral ng Pilipinas (BSP) meetings this week. The main index shed 1.77 points or 0.03 percent to close at 6,124.57 with...
With last week’s trading at the stock market swayed by inflation data that gave clues on US interest rate movements, investors this week will get to actually see what the US Federal Reserve will do in reaction to this data. “The policy meetings of the Federal Reserve and the Bangko Sentral ng...
Local share prices fell to its lowest closing since October 26, 2022 as foreign funds sold stocks to rebalance their portfolios in line with changes in the FTSE index. The PSEI dropped 82.06 points or 1.32 percent to close at 6,126.34 as the Property counter suffered the biggest loss among...
Ilocos Norte 1st district Rep. Sandro Marcos (PPAB) Presidential son, Ilocos Norte 1st district Rep. Sandro Marcos wants Filipino workers to excel in financial literacy and have their own small business. For this purpose, Marcos, the House senior deputy...
CAGAYAN DE ORO CITY – A group of rice retailers from one of the biggest markets in this city that has been affected by the price ceiling has urged the government not to delay the release of cash assistance. THE Department of Agriculture-Region 10, together with the Cagayan de Oro City Price...
BACOLOD CITY – The Department of Social Welfare and Development (DSWD) provided financial assistance totaling P945,000 to 63 micro rice retailers in 12 areas in Negros Oriental on Thursday, September 14. SIXTY-THREE micro rice retailers from Negros Oriental receive subsidy totaling P945,000 from...
The local stock market bounced from the previous day’s drop after US inflation figures indicate that the US Federal Reserve may keep rates steady. The main index rose 59.22 points or 0.96 percent to close at 6,208.40 as Conglomerates led the advance across the board. Volume declined to 412...
CEBU CITY – The Department of Social Welfare and Development-Central Visayas (DSWD-7) will distribute cash assistance amounting to P1.3 million to micro rice retailers who were affected by the enforcement of the rice price cap. The DSWD-7 announced on Wednesday, September 13, that there will be...
