The PSEi started the week lower as investors reposition their investments ahead of the index recomposition while others took profit on concern over inflation. The main index dropped 76.05 points or 1.02 percent to close at 7,389.30 as Holding Firms led the retreat although Banks and Mining and Oil...
NLEX Corporation, a member of the Metro Pacific Group, has retained its the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its outstanding Fixed-rate Bonds worth P8.6 billion. Obligations rated PRS Aaa are of the highest...
The local stock market may benefit this week from growing optimism as the economy reopens while COVID-19 cases decline although it will also take some cues from the release of economic data. After the PSEi breached the 7,300 resistance level last year, Philstocks Financial Senior Supervisor for...
The Philippine Biodiesel Association (TPBA) joined Congress’ call for the long-delayed increase in the biodiesel blend to 5 percent (B5) as mandated by the Biofuels Act of 2006. "Congress sees the immediate and long term impact of a higher biodiesel mandate. The immediate benefits come with...
Cash dividends paid out by companies listed at the Philippine Stock Exchange to common shareholders improved by 17.3 percent to P402.18 billion in 2021 from 2020’s P342.88 billion, boosted by real estate trust issues of listed firms. Data collated by the bourse show that this translates to...
Newly-listed Monde Nissin Corporation (MONDE) and liquor maker Emperador, Inc. will be joining the prestigious Philippine Stock Exchange index (PSEi) starting Feb. 14, 2022. The PSE announced that its January to December 2021 stock performance review showed that the two firms will be among the 30...
The Philippine Army (PA) announced Sunday, Feb. 6, that it has installed its newest Command Sergeant Major. Lt. Gen. Romeo Brawner Jr., PA Commanding General, officiated the assumption of Chief Master Sergeant (CMS) Rogelio P. Caacbay as the 19th Army Command Sergeant Major in a ceremony held last...
Hidilyn Diaz (AFP) For giving joy to the country and providing its proudest sports moment in history, weightlifter Hidilyn Diaz will be honored as the 2021 Athlete of the Year during the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Annual Awards Night on March 14 at the...
(PRC/MANILA BULLETIN FILE PHOTO) The Philippine Red Cross (PRC) said it received over P2 million monetary donation from Nestle Philippines to support its efforts in helping the victims of Typhoon Odette. The Nestle Philippines donated a total of P2,451,266, the PRC said in a recent statement. The...
‘When Is Now?’ is a platform of stories, poems, photography, and other art forms that aim to spread awareness on climate crisis and demand climate justice Young Climate Reality Leaders shared their experiences in engaging with various communities and critical decision-makers as part of climate...
A battalion-sized contingent of the Philippine Army (PA) was scheduled to arrive in Samar on Saturday, Feb. 5, to assist in the eradication of private armed groups in Eastern Visayas ahead of the May 9 national and local elections. (Courtesy of 8th Infantry Division, Philippine Army) Maj. Gen....
Cirtek Holdings Philippines Corporation (CHPC) is planning to issue Commercial Papers (CPs) of up to P2.0 billion as it continues to raise funds from various sources for the expansion of its subsidiaries. Philippine Rating Services Corporation (PhilRatings) assigned Cirtek an Issuer Credit Rating...
