Mini-rally lifts share index
May 8, 2018
The Philippine Stock Exchange index staged a mini-rally on Tuesday. The index closed at 7,577.27, up 44.29 points. In the broader market, there were 98 gainers and 96 decliners with 48 shares unchanged. Volume reached 793.3 million shares worth P7.23
Japanese ad firm tapped to launch mobile internet advertising
May 8, 2018
Cab-hailing app MiCab has partnered with Japanese advertising company, Hallohallo Business Inc. to launch MiAds (mobile internet advertising) through partner taxis in the Philippines. Eddie Ybanez, the chief executive and co-founder of MiCab, said MiAds will help Filipino businesses and
Sony Ships More than 10,000 New Aibo Robot Dogs
May 8, 2018
Tokyo- Sony Corp.’s shipments of the fully remodeled “Aibo” robot dog topped 10,000 units in three months since its debut in mid-January, the company has said. A total of 11,111 Aibos had been shipped as of mid-April, Sony said. It
Toyota to Invest 120 B. Yen to Upgrade 2 Canada Plants
May 8, 2018
New York- Leading Japanese automaker Toyota Motor Corp. will invest 1.4 billion Canadian dollars, or 119 billion yen, to upgrade production facilities at its two plants in Ontario, Canada. The investment will create 450 jobs, according to a recent announcement
Stock index down, peso at P51.87:$1
May 7, 2018
Stocks ended lower on Monday, with the Philippine Stock Exchange index closing at 7,533.28 points, down 12.91. In the broader market, there were 92 decliners, 89 gainers and 46 shares unchanged. Volume reached 1.1 billion shares worth P5.9 billion from
April gross international reserves decline to $80.1 billion: central bank
May 7, 2018
Preliminary data showed that gross international reserves (GIR) level as of end-April 2018 slid marginally to $80.1 billion from the end-March 2018 level of $80.5 billion, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla, Jr. announced Monday. At this level,
Stocks slightly up, peso at P51.675:$1
May 4, 2018
Stocks were slightly higher on Friday but ended the trading week lower for the fifth straight week. The Philippine Stock Exchange index gained 11.09 points to end at 7,546.17. Compared to last week, the index was down 2.26 percent. In
Uptick in inflation temporary: NEDA
May 4, 2018
Average inflation has exceeded the government’s target as of April, the surge is temporary and seen to normalize towards the end of the year, the National Economic and Development Authority (NEDA) said Friday. The Philippines Statistics Authority (PSA) reported that
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