The local stock market rose further as investors place their bets a day before the government announces the July inflation rate. The main index added 57.46 points or 0.89 percent to close at 6,507.49 as the Services and Financials sectors led the advance while Conglomerates lagged behind. Volume...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/ MANILABULLETIN) Surigao del Norte 2nd district Rep. Robert Ace Barbers has denied claims that he is "sinophobic". This, despite his strong opinions against Philippine Offshore Gaming...
The Philippine Chamber of Commerce and Industry (PCCI) said on Thursday, July 4, that the wage increase for workers in Metro Manila is deemed “reasonable.” However, Enunina V. Mangio, PCCI president, said in a statement that the P35 wage hike is also causing concerns for their members striving...
Zobel-led Bank of the Philippine Islands is planning to raise at least P5 billion from an offering and issuance of Peso-denominated fixed-rate ASEAN Sustainable Bonds due 2026, with an option to upsize. In a disclosure to the Philippine Stock Exchange, the bank said the planned issuance will be the...
Local share prices jumped on news that the US Federal Reserve believes is seeing progress in efforts to control inflation. The main index rose by 91.07 points or 1.43 percent to close at 6,450.03, with Banks leading the charge while Miners still retreated. However, volume was still tepid at 263...
The Philippine Chamber of Telecommunications Operators (PCTO) has expressed concern over the recent wave of scam messages sent to mobile users bypassing telecommunications networks. In a statement, the PCTO urged greater collaboration among industry players, relevant government agencies, and...
A survey conducted by Pulse Asia revealed that majority of Filipinos agreed to diplomatic measures and the removal of Chinese vessels from the West Philippine Sea to ease ongoing disputes. The survey, conducted nationwide from May 5 to 9, asked 1,200 respondents: “What should China do in order to...
Senator Imee Marcos expressed fear over China's imminent use of its hypersonic missiles on 25 targets in the Philippines amid tensions in the West Philippine Sea (WPS). In a video posted on her Facebook page, the senator bared that the problem is that the Philippines allied itself with China's...
Though things did not work the way he anticipated, Dave Ildefonso is thrilled to declare himself available for the upcoming PBA Draft. Dave Ildefonso (SGA) The 24-year-old forward revealed his plan to join the upcoming PBA Rookie Draft on Tuesday night, July 2, shortly...
Its wings may have already fallen silent since its untimely demise in September last year, but renewable energy (RE) firm Energy Development Corporation (EDC) of the First Gen group has taken a high-principled step of preserving the lasting legacy of “Geothermica”, also nicknamed “Geo”, the...
The Philippines on Tuesday, July 2, told China that it is going to be relentless in upholding its rights over the West Philippine Sea as diplomats of both sides held a discussion, the first since reports of Beijing’s successive acts of aggression in the waters escalated. The Department of Foreign...
The local stock market dropped further as investors continued to wait for market-moving news, particularly those related to possible interest rate cuts, both here and in the US. The main index lost 39.81 points or 0.62 percent to close at 6,358.96 as Banks led the retreat. Volume improved but...
