PSEi gains, peso at P48.51:$1
September 28, 2020
The Philippine Stock Exchange index ( PSEi) gained 22.73 points to close at 5,861.39 on Monday. In the broader market, there were 113 losers, 88 gainers and 38 unchanged. Volume reached 1.14 billion shares valued at P5.08 billion from Friday’s
BSP sets ceiling on credit card charges
September 25, 2020
The Monetary Board approved the setting of an annual interest rate ceiling of 24 percent on all credit card transactions effective November 3 this year. The policy also provides that interest rates or finance charges on the unpaid outstanding credit
PSE index ends flat
September 23, 2020
The Philippine Stock Exchange (PSE) index ended flat on Wednesday, down 1.56 points to 5,892.72. In the broader market, there were 92 gainers, 90 losers and 56 unchanged. Volume reached 1.47 billion shares worth P4.45 billion from Tuesday’s 4.4 billion
PSE index ends lower; peso at P48.46:$1
September 22, 2020
The Philippine Stock Exchange (PSE) index closed 15.04 points lower to 5,894.28 points on Tuesday. In the broader market, there were 105 losers, 86 gainers and 46 unchanged. Volume reached 4.4 billion shares worth P4.63 billion from Monday’s 2.13 billion
Trade chief backs Metro Manila’s shifting to MGCQ
September 22, 2020
Trade Secretary Ramon Lopez expressed support on Monday to place Metro Manila under the most relaxed quarantine classification of modified general community quarantine after September 30. In the “Laging Handa” virtual press briefing, Lopez said the transmission of coronavirus disease
PSE index flat, Now Corp and Dito CME top active shares
September 21, 2020
The Philippine Stock Exchange (PSE) index ended flat on Monday, closing at 5.909.32, up 0.42 points. Volume reached 2.13 billion shares worth P4.27 billion from Friday’s 767.34 million shares valued at P7.64 billion. Telco firms Now Corp., which became the
Megawide venture to build Package 1 of Malolos-Clark Railway Project
September 21, 2020
The joint venture of Megawide Construction Corp. and Korean companies Hyundai Engineering & Construction Co., Ltd. (Hyundai E&C) and Dong-ah Geological Engineering Company Ltd. (Dong-ah) bagged a P28 billion contract from the Department of Transportation to build the Malolos-Clark Railway
COA disallowance notices on tax credits to 4 textile firms reach P606-M
September 21, 2020
The Commission on Audit (COA) has issued another set of Notices of Disallowance (NDs) on tax credits worth a combined P228.71 million granted to four textile firms that were earlier found to have secured a combined amount of P377.27 million in illegal tax perks from the
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