SoftBank eyes 20-30GB mobile plan costing 5,000 Yen or less

October 14, 2020

Tokyo- Japan’s SoftBank Corp. is considering introducing a new mobile phone service plan costing 5,000 yen or less for 20-30 gigabytes of data per month, informed sources said Tuesday. The fee would be about 30 pct lower than that of

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Private sector bond issuances post 129% growth from 2016 to present

October 14, 2020

Corporate bond issuances more than doubled since the Duterte administration took over in 2016, from P645.6 billion of listed private debt securities to P1.48 trillion as of end-August this year, according to a report by the Philippine Dealing and Exchange Corp.

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PSEi ends lower; peso at P48.535:$1

October 13, 2020

The Philippine Stock Exchange index ( PSEi) closed 13.82 points to end at 5,923.23 on Tuesday. In the broader market, there were 98 gainers, 95 losers and 59 unchanged. Volume reached 3.83 billion shares worth P 5 billion from Monday’s

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Senate passes Bulacan Airport project on third reading

October 13, 2020

The Senate on Monday unanimously approved on third and final reading the franchise for San Miguel Aerocity Inc. for a 50-year period, including a 10-year period for its design, planning and construction. Government will not be giving San Miguel’s airport

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PSEi ends flat; peso at P48.47:$1

October 12, 2020

The Philippine Stock Exchange index (PSEi) ended flat on Monday. The PSEi closed at 5,937.05, up 5.44. In the broader market, there were 105 gainers, 96 losers and 42 unchanged. Volume reached 11.13 billion shares worth P5.3 billion from Friday’s

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Dominguez: PHL remains in ‘good fiscal position ‘for massive gov’t spending vs COVID pandemic

October 9, 2020

The Philippines remains in a strong fiscal position to meet the financial challenges of beating the COVID-19 pandemic and rebooting the economy as a result of the game-changing reforms put in place by President Duterte and the Congress over the

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PSEi ends three-session losing streak

October 8, 2020

The Philippine Stock Exchange index (PSEi) snapped a three-session losing streak as it gained 74.78 points to 5,942.66 on Thursday. In the broader market, there were 130 gainers, 71 losers and 39 unchanged. Volume reached 2.26 billion shares worth P19.6

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Cebu Air Inc seeking to raise up to $500 million

October 8, 2020

Cebu Air Inc. is  seeking to raise up to $500 million additional capital to recover from the impact of COVID-19. It told the Philippine Stock Exchange Thursday that it will be seeking approval for the issuance of up to $250

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