Vaccine results boost stocks as US biotechnology firm Moderna test positive initial results of the coronavirus disease 2019 (Covid-19) drug. US biotech firm Moderna said yesterday that its vaccine for COVID-19 appeared to generate an… Read More »Covid-19 vaccine results boost stocks
Economic recovery depends on public’s behavior: Diokno Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said recovery of the domestic economy and preventing a second wave of the coronavirus disease 2019 (Covid-19) depends largely on… Read More »Economic recovery depends on public’s behavior: Diokno
Philippines ranked 7th best country to invest in post COVID in a research done by CEOWORLD Magazine. The rankings were based on 11 different factors including corruption, freedom (personal, trade, and monetary), workforce, investor protection,… Read More »Philippines 7th best country to invest in post COVID
Food industry sees minimal impact on food supply amid ECQ and GCQ. Amid of the declaration of Enhance Community Quarantine(ECQ) and General Community Quarantine(GCQ) the food supply industry such as Aboitiz food business unit Pilmico… Read More »Food industry sees minimal impact on food supply
Holcim PH deal dropped, San Miguel Corp(SMC) is no longer pushing through with its $2.15-billion acquisition of leading cement maker Holcim Philippines Inc(HLCM). The company stock price dropped -22.57% today. SMC told the Philippine Stock… Read More »SMC dropped Holcim PH deal
Dennis Uy, chairman and CEO of Udenna Corporation, has spoken up about his company’s reported plans to acquire ABS-CBN. In light of the suspension of the media giants broadcasting franchise there are rumors that Uy’s… Read More »Dennis Uy Statement :“Let me be clear, we have NO intention to acquire ABS-CBN”.
Palace: Public, private construction projects now allowed under Enhanced Community Quarantine (ECQ). The Property sector took a nose dive because of construction ban. In a Saturday virtual press briefing Presidential spokesperson Harry Roque said the… Read More »Palace: Construction Projects now Allowed
MerryMart Grocery Inc, led by young tycoon Edgar Sia II, is poised to be the first company to bravely face local stock market this turbulent year even as the COVID-19 pandemic takes a heavy toll… Read More »The Brave MerryMart IPO
Department of Finance chief eyes positive GDP results in Q1 2020 Department of Finance (DOF) Secretary Carlos Dominguez III remains optimistic for a positive domestic output in the first quarter of 2020 despite the impact… Read More »Positive GDP results in Q1 2020
Scam Alert! The Securities and Exchange Commission (SEC) to shutdown get rich quick scams. Early this month SEC released name of groups soliciting investments from the public without prior authority, These companies are NOT REGISTERED… Read More »20 New Scam alert! May 2020