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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First Gen signs joint cooperation agreement with Tokyo Gas to develop Batangas LNG terminal

October 7, 2020

First Gen signed a joint cooperation agreement with Tokyo Gas Co. Ltd Wednesday for the development of the Batangas interim offshore liquified natural gas terminal, the company told the Philippine Stock Exchange (PSE). ”This represents the next phase of their

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PSE index declines; peso at P48.39:$1

October 7, 2020

The Philippine Stock Exchange index (PSEi) ended 42.76 points lower to 5.867.88 on Wednesday. In the broader market there were 101 gainers, 92 losers and 48 unchanged. Volume reached 1.81 billion shares worth P7.11 billion. Most active shares were led

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Philippines still in good financial position but need to further open economy – Dominguez

October 6, 2020

The Philippines remains in a good financial position despite the health crisis but there is a need to further open up the economy, said Finance Secretary Carlos Dominguez III. The Department of Finance chief said the government has able to

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ABS-CBN ink blocktime deal with Zoe Broadcasting

October 6, 2020

Zoe Broadcasting Network, founded by Bro. Eddie Villanueva on Tuesday announced it entered a block time agreement with ABS-CBN Corp. Zoe said it will be rebranded as “A2Z Channel 11” starting Saturday, October 11 The rebranded VHF channel will carry

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