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Index to retest resistance level
Improving macroeconomic fundamentals gave the index much needed upward momentum last week......»»
Index upside points to 7,000 level
The benchmark Philippine Stock Exchange index could retest the 6,700 resistance this week and break toward 7,000 in the near-term, analysts said......»»
Philippines improves ranking in global passport index
The Philippines slightly improved in the annual passport index released by London-based consultancy firm Henley & Partners......»»
Galleon trade sailors as first Filipino settlers in the United States
One of the first Filipino settlers in the United States were seafaring people who arrived as sailors and navigators on board Spanish ships during the Galleon trade. Manila galleon trade refers to the trade route between Acapulco and Manila that was operational from 1565 to 1815. The Spanish trading ships linked the Spanish Crown’s Viceroyalty.....»»
Market plunges on inflation, peso woes
Share prices retreated amid concerns on inflation as well as the peso, which slumped for a second straight trading day to fresh 19-month lows......»»
Philippine peso edges closer to record low
The Philippine peso is trading precariously close to its all-time low against the US dollar......»»
SEC files criminal raps vs Abra Mining over alleged fraud
The Securities and Exchange Commission has filed criminal charges against Abra Mining and Industrial Corp. over alleged unauthorized and fraudulent trading of shares from 2015 to 2019......»»
SEC files criminal complaint vs Abra Mining
The Securities and Exchange Commission (SEC) has filed a criminal complaint against Abra Mining & Industrial Corp., its directors, officers, transfer agent and certain stockholders for alleged unauthorized trading of shares over a five-year period......»»
Entrepreneurial friendship
Even before the Spaniards landed on our shores in 1521, the Philippines was already actively trading with its Southeast Asian neighbors, along with the Ryukyu Islands (now known as Okinawa, Japan) and, of course, China. Despite a vast body of water and relatively primitive means of seafaring, the spirit of trade – and the resulting cultural exchanges – endured......»»
BIR files raps vs firm over P200 milion fake receipts
The Bureau of Internal Revenue yesterday filed before the Department of Justice criminal charges against the corporate officers and an accountant of a trading company for allegedly using P200 million worth of fake receipts......»»
BIR files rap vs accountancy firm tagged in P200-M worth of fake receipts
The Bureau of Internal Revenue (BIR) filed criminal charges against corporate officers and an accountant of a trading company for using more than P200 M worth of fake receipts......»»
PSE spending $11 million to upgrade trading engine
The Philippine Stock Exchange Inc., the operator of the country’s only stock market, is not letting up on its efforts to be up to par with global stock exchanges with investments of about $11 million to bolster its operations......»»
Trading suspension on Steniel lifted
The Philippine Stock Exchange has lifted Steniel Manufacturing Corp.’s nearly two-decade long trading suspension......»»
ALI to buy back more shares
Property giant Ayala Land Inc. plans to continue buying back shares to boost its share price, which the company believes has been trading at a steep discount......»»
DragonFi unveils new app for stock trading
DragonFi Securities Inc., the stock brokerage arm of Edgar “Injap” Sia’s DoubleDragon Corp., has introduced its new mobile investing app called DragonFi 2.0 aimed at making investing easy and accessible for all Filipinos......»»
Philippine Bank of Communications profit climbs 16.3 percent to P1.9 billion in 2023
Lucio Co’s Philippine Bank of Communications (PBCom) grew its income by 16.3 percent to P1.9 billion in 2023 from P1.6 billion a year earlier, mainly due to higher operating income from better trading performance......»»
PT& T readies return to stock market
Connectivity provider Philippine Telegraph and Telephone (PT&T) Corp. is securing regulatory approval to lift its two-decade suspension and finally resume trading at the Philippine Stock Exchange......»»
SEC slaps Abra Mining with P560 million fines
The Securities and Exchange Commission (SEC) has slapped Abra Mining & Industrial Corp., its directors, officers, transfer agent and certain stockholders with fines of at least P560 million for the unauthorized trading of unissued and unlisted shares from 2015 to 2019......»»
Stock trading made easier for local small investors
The Philippine Stock Exchange Inc. has rolled out new features that seek to make initial public offering and follow-on offering (FOO) subscription more accessible and efficient for investors......»»
Marubeni mulls RE foray, industrial estate development in Philippines
Japanese trading giant Marubeni is mulling an industrial estate comeback in the Philippines, while also exploring possible ventures into the renewable energy space......»»