Stocks end lower after rising in morning trading
April 4, 2018
Stocks reversed course to end lower on Wednesday, with the Philippine Stock Exchange index falling below the 8,000-point mark. The index closed at 7,997.67 points, down 51.05, after being up in morning trading. In the broader market, there were 107
DOF sees March inflation of 4.1 percent
April 4, 2018
The Department of Finance (DOF) sees March inflation rising for the third straight month at 4.1 percent, up from the previous month’s 3.98 percent using the 2012 base year. This means that inflation will rise to a four-year high. In
Stocks rally to close slightly higher
April 3, 2018
Stocks recovered after a weak opening but finished Tuesday slightly higher. The Philippine Stock Exchange index closed at 8,048.72, up 9.27 points. In the broader market, there were 104 decliners, 98 gainers and 45 shares unchanged. Volume reached 2.33 billion shares
DOF crafting PHPay system for government transactions
April 3, 2018
The Department of Finance (DOF) said Tuesday is establishing an online-based payment gateway that will enable taxpayers and other state clients to remit fees and other charges electronically to government agencies in line with the Duterte administration’s efforts to cut
Stocks up on first trading day of April
April 2, 2018
Stocks rose on Monday, the first trading day of the month, as the Philippine Stock Exchange closed above the 8,000-point mark. The index finished at 8,039.45, up 59.62 points. In the broader market, there were 131 gainers, 81 decliners and
Business leaders back corporate tax reform
April 1, 2018
The country’s business leaders have expressed their full support for the Duterte administration’s proposed reforms in corporate taxation and the grant of investment incentives, which they described as “a bold move” to sharpen the Philippines’ competitiveness in the region. In a
Stocks lower at close of first quarter trading
March 28, 2018
Stocks ended lower on the final day of trading for the first quarter on Wednesday. The Philippine Stock Exchange index finished at 7,979.83, down 67.20. In the broader market, there were 113 gainers, 83 decliners and 54 shares unchanged. Volume
Stocks gain, peso at P52.32:$1
March 27, 2018
Stocks gained on Tuesday as the Philippine Stock Exchange index surged 114.65 points to end at 8,047.03. In the broader market, there were 148 gainers, 64 decliners and 33 shares unchanged. Volume rose to 2.92 billion shares worth P6.55 billion
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