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PSEi to stay at 6,700 ahead of inflation data
The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»
Remolona sees 5.9 percent GDP this year
The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
Market slips ahead of US Fed meeting
Share prices pulled back yesterday as investors treaded with caution ahead of the policy meeting of the US Federal Reserve......»»
Quick look at the week ahead
Another exceedingly quiet week ahead, with nothing of note on the Philippine or American market schedules, except that the American markets have Monday off to commemorate Martin Luther King Jr. Day......»»
Grab contributes up to 0.3 percent to GDP – study
Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»
Repression Increased in Asia in 2023, Human Rights Watch Says
Governments across Asia grew more repressive last year, emboldened by Western countries eager to curry favor with allies that might help check China's rise and taking increasingly brazen steps to silence their critics abroad, Human Rights Watch says in a new report.In its World Report 2024, launched Thursday morning in New York, the advocacy group takes stock of the human rights situation in more than 100 countr.....»»
Repression Increased in Asia in 2023, Human Rights Watch Says
Governments across Asia grew more repressive last year, emboldened by Western countries eager to curry favor with allies that might help check China's rise and taking increasingly brazen steps to silence their critics abroad, Human Rights Watch says in a new report.In its World Report 2024, launched Thursday morning in New York, the advocacy group takes stock of the human rights situation in more than 100 countr.....»»
ASEAN to remain among fastest growing regions
The Association of Southeast Asian Nations is likely to continue to see strong growth this year and remain among the fastest growing regions in the decade ahead, S&P Global Market Intelligence said. .....»»
Fake docs continue to proliferate, as BI announces purchase of modern equipments against fraud
FAKE documents continue to circulate and proliferate. This unfortunate news was announced by Bureau of Immigration (BI) Commissioner Norman Tansingco, who said that a report from the BI’s Anti-Fraud Section said it examied a total of 241 fraudulent and counterfeit documents for 2023 which were found to be questionable. These documents examined by the BI’s […].....»»
Selling pressures drag local stocks down
The Philippine Stock Exchange index fell below the 6,900 level, slipping by 0.31 percent or 21.72 points to end at 6,891.49 amid selling pressures at the start of the trading week......»»
Below target growth dampens market
The stock market plunged yesterday as the below target economic expansion in the first quarter did not sit well with investors......»»
Higher April inflation drags market
The stock market returned to its losing ways after the country’s inflation was reported to have quickened in April......»»
OceanaGold Philippines all set for stock market debut
OceanaGold (Philippines) Inc., the operator of Didipio gold and copper mine in Nueva Vizcaya, hurdled the final regulatory clearance for its initial public offering, paving the way for its market debut on May 13......»»
Strong corporate earnings boost market
The stock market advanced for a fifth straight session yesterday as strong corporate earnings in the first quarter helped buck negative cues from Wall Street overnight......»»
Index closes flat on lack of market-moving news
The stock market opened the week with minimal gains as investors waited for catalysts......»»
Stock market continues retreat
The stock market remained in the loss column on its return to action yesterday......»»
Market extends losses as inflation quickens
The stock market extended its losing streak yesterday, closing the week in the red as inflation accelerated for a second straight month in March......»»
Eye on inflation as market returns from long holiday
Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»
Market in the red for second day
The stock market yesterday extended its losing streak for a second straight day as investors wait for direction on how domestic and global inflation will tread for the rest of the year......»»
Market succumbs to profit-taking anew
The stock market succumbed to another round of profit-taking, slumping for the second straight session......»»