True to its word, the House of Representatives turned over a humble donation of $100,000 in financial assistance to the earthquake-stricken people of Turkey on Monday afternoon, Feb. 13. House Speaker Martin Romualdez (4th from right) hands over the $100,000 financial assistance to Turkey...
Local share prices started the week lower as investors wait for the Bangko Sentral’s rate-setting meeting on Thursday. The main index dropped 38.93 points or 0.55 percent to close at 6,838.76 with sectoral indices evenly split but weighed down by losses of Conglomerates. A total of 1 billion...
Amid confusing macro-economic data here and abroad, the local stock market is seen to trade cautiously as investors wait for more clarity from the Bangko Sentral meeting and release of remittance data later this week. “Next week, cautiousness is expected to prevail in the local market as...
The local stock market bounced from the previous day’s drop as funds adjusted their portfolio after the MSCI rebalancing. The main index added 34.0 points or 0.50 percent to close at 6,876.79 as the Industrial sector led the advance while the Services counter retreated. Volume amounted to 824...
The Makati City local government announced on Friday, Feb. 10, that it has distributed P19 million worth of financial assistance to its sister localities devastated by Typhoon Paeng in October last year and the 7.0 magnitude quake that hit Abra in July. According to Makati City Mayor Abby Binay,...
Local share prices dropped again on concern over inflation and the possibility of more interest rate hikes by the US Federal Reserve and the Bangko Sentral ng Pilipinas. The main index fell by 80.29 points or 1.16 percent to close at 6,842.79 with the Industrial sector leading the retreat. Volume...
The local stock market regained some lost ground as investors were cheered by higher US stocks after the Fed cited lower consumer prices. The main index rose by 41.82 points or 0.61 percent to close at 6,923.08 as the Mining and Oil sector led the advance while Conglomerates lagged behind. Volume...
Sun Life Grepa Financial, Inc. has encouraged Filipinos to financially secure their future, as recent global index ranked the Philippines as the second worst retirement countries in the world. Richard S. Lim, Sun Life Grepa president said relying solely on government pension will not be enough...
Local share prices dropped further after the government announced a higher-than-expected inflation rate for January. The main index lost 55.35 points or 0.80 percent to close at 6,881.26 with the Services sector seeing the biggest drop while Conglomerates and Miners managed to advance. Volume...
Globe Telecom Inc. ended 2022 with ₱158.0 billion consolidated service revenues, a modest 4 percent increase year-on-year, resulting in net income of ₱34.6 billion or 46 percent higher than 2021. In a disclosure to the Philippine Stock Exchange on Tuesday, Feb. 7, Globe noted that the year 2022...
Local share prices fell ahead of the release of the January inflation report and amid concern over further US rate hikes. The main index dropped 90.77 points or 1.29 percent to close at 6,936.61 with the Services sector leasing the retreat across the board. Volume was a hefty 1.24 billion shares...
GEN. LUNA, Quezon -- A total of 985 scholars received financial aid from the local government unit (LGU) under Bayanihan para sa Kinabukasan ng Kabataan (BKK) program for college students on Sunday, Feb. 5, here. The payout, which covers the first semester of 2023, was undertaken by General Luna...
