PSEi best performer among the indexes, benchmark PSEi rose 271.84 points or +4.35% to 6,517.49 at the closing bell. The broader All Shares advanced 126.72 points or +3.46% to 3,785.03. Shares on the Philippine Stock… Read More »PSEi best performer week-on-week
Ayala led company AC Energy Inc. has acquired a 12.8-percent stake in Australian renewables firm Infigen Energy Ltd. through a deal worth about P3.12 billion in the latest of the Ayala group’s overseas expansion moves.… Read More »AC Energy buys Australian renewable energy Company
PSEi rally to 6,254 upon GCQ announcement last week buyers continue to flood the market. Shares on the Philippine Stock Exchange rose, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic.… Read More »PSEi rally to 6,245 upon GCQ
PSEi breaks 6000 levels Tuesday, June 2, 2020. Shares on the Philippine Stock Exchange sustained the momentum from Monday’s rally following the moves to relax quarantine measures and to reopen the economy from shutdowns aimed… Read More »PSEi breaks 6000 levels
AllHome net income jumped to P1.1 billion, the Villar-led AllHome Corp has its revenues surged on the back of aggressive store expansion. In a statement Monday, the listed home development retailer said its 2019 performance marked… Read More »AllHome net income jumped to 1.1 billion
PSE to reopen trading floor today June 1, 2020, it has been closed since March 19 following the enhanced community quarantine (ECQ) guidelines issued by the Inter-Agency Task Force (IATF) for the Management of Emerging… Read More »PSE to reopen trading floor today
Local fastfood giant Jollibee Foods Corp., JFC net loss Q1 reports P1.79 billion drop in revenue as the first quarter as the lockdowns imposed in the Philippines and other countries which resulted in the closure… Read More »JFC net loss Q1 reports
Substantial and targeted spending are expected to help lift economy’s recovery and address the increase in budget deficit, an economist said. ING Bank Manila senior economist Nicholas Mapa said these can also translate to a… Read More »Targeted spending to lift economy
CREATE bill to attract more investments, save and create jobs, Department of Finance seeks swift passage of the (Corporate Recovery and Tax Incentives for Enterprises) Act, otherwise known as the CREATE Act. This was stressed… Read More »CREATE Bill to save PH Economy
The Bangko Sentral ng Pilipinas (BSP) said the sooner the stimulus proposals are approved, the better to further cushion the economic impact of the global pandemic. In an interview over ANC Monday, BSP Governor Benjamin… Read More »BSP urged Lawmakers to pass stimulus proposals to boost economy