Philippine Stock Exchange index stays intact
September 1, 2017
The Philippine Stock Exchange index (PSEi) will not see any changes in its composition based on the review covering the trading period from July 2016 to June 2017, a statement from the exchange said Friday. The PSEi, which is the
Stocks a bit higher in last trading day of August
August 31, 2017
Stocks ended a bit higher on Thursday, the final trading day of the month of August. The Philippine Stock Exchange index gained 1.84 points to end at 7,958.57. In the broader market, there were 101 gainers, 84 decliners and 63
Malaysian business leaders bullish on Philippines despite security issues
August 31, 2017
Malaysian business leaders are upbeat on investing in the Philippines despite security issues and other concerns, saying the country faces bright economic prospects , expanding market and a proposed peace pact with Muslim rebels in Mindanao. Edward Ling, Malaysia Chamber
Stocks pull back from low as PSE index ends slightly higher
August 30, 2017
Stocks rallied after losing ground on Wednesday as the Philippine Stock Exchange index closed 8.34 points higher to 7,956.73. The index fell by as much as 35 points at 1:50 pm, or one hour and 40 minutes before the market
DOF uncovers P50m ‘white elephant’ IT project
August 30, 2017
The Department of Finance (DOF) has uncovered a P50 million “white elephant” left behind by the past administration that calls for a state-of-the-art “Disaster Recovery” site to back up the operations of the Bureau of Treasury (BTr) in Manila from a city in
LEDAC approves legislative agenda for 17th Congress
August 30, 2017
In its second meeting under the Duterte administration Tuesday, the Legislative-Executive Development Advisory Council (LEDAC) approved the Common Legislative Agenda (CLA) for the 17 th Congress. The CLA consists of 28 priority measures, 14 of which were recommended by the LEDAC
Stocks decline, peso slightly lower
August 29, 2017
Stocks declined on Tuesday, the first of a three-day trading session this week. The Philippine Stock Exchange index closed 66.75 points lower to 7,946.39. In the broader market, there were 103 decliners, 83 gainers and 51 unchanged. Volume reached 1.35
PCC approves JTI-Mighty Corp, Rockwell-Mitsui deals
August 29, 2017
The Philippine Competition Commission (PCC) has approved the acquisition by Japan Tobacco (Philippines) Inc. (JTPI) of Mighty Corporation as well as the joint venture by Rockwell Land Corporation and Mitsui Fudosan (Asia) Pte. Ltd. on August 29. PCC found both
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