Stocks, peso close higher
September 7, 2017
Stocks went above a key mark on Thursday as the Philippine Stock Exchange index finished 39.01 points higher to 8,022.98. In the broader market, there were 114 gainers, 77 decliners and 55 unchanged. Volume reached 1.75 billion shares valued at
PSE index slips below 8,000 points
September 6, 2017
Stocks declined on Wednesday, as the Philippine Stock Exchange index ended 65.38 points lower to 7,983.97. In the broader market, there were 111 decliners, 71 gainers and 66 unchanged. Volume reached 2.71 billion shares valued P6.72 billion. Foreigners were net
Budget department estimates Free Tuition Law will cost P51 billion
September 6, 2017
The Department of Budget and Management, citing initial estimates, said the Free Tuition Law will cost around P51 billion for its first year of implementation, a statement said Wednesday. The Universal Access to Quality Tertiary Education Act (RA 10931) was
Stocks rally as PSE index remains above 8,000 points
September 5, 2017
Stocks rallied Tuesday after the key index slipped by 35 points at the noonday trading break as the Philippine Stock Exchange gained 14.15 points to 8,049.35. In the broader market, there were 103 decliners, 87 gainers and 55 unchanged. Volume
Construction icon David Consunji dies at 95
September 5, 2017
David Consunji, who built DMCI Holdings from a construction firm into one of the Philippines’ biggest conglomerates, died at the age of 95 on Monday. A disclosure by DMCI Holdings Inc. to the Philippine Stock Exchange did not detail the
Food, transport prices raised August inflation to 3.1%: NEDA
September 5, 2017
Higher prices of food, transport, water, electricity, and gas pushed up inflation in August. A report from National Economic Development Authority (NEDA)-attached agency Philippine Statistics Authority Tuesday said headline inflation increased to 3.1 percent in August 2017 from 2.8 percent in the
Stocks, peso up
September 4, 2017
Stocks gained on Monday despite tension felt in Asian markets after North Korea’s nuclear test on Sunday. The Philippine Stock Exchange index rose 76.63 points to 8,035.20. At the broader market, there were 115 gainers, 83 decliners and 50 unchanged.
DOF installing cybersecurity defense system
September 3, 2017
The Department of Finance (DOF) is now putting in place a comprehensive cybersecurity defense structure that will span all DOF units and attached agencies to shield their online portals and communications systems from the increasingly sophisticated cyberattacks. A report to
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