The local stock barometer closed almost unchanged on Wednesday while the peso slightly weakened against the US dollar. The Philippine Stock Exchange index (PSEi) closed 2.08 points or 0.03 percent lower at 6,512.39. All Shares also declined 2.78 point…
The national government is open to striking joint ventures with the country’s richest Filipinos once the Maharlika Investment Fund (MIF) becomes operational. ‘We’re hopeful. Iyon pong mga conglomerates natin, we can also do some joint ventures, co-inv…
Higher inflation continues to dampen consumers’ confidence in the second quarter of 2023, but business sentiments improved due to expectations for higher sales and production and post-pandemic recovery, among others. Business sentiments turned more up…
The local bourse’s main index ended in the negative territory anew on Thursday amid another decline in the United States equities and wait-and-see stance for the policy rate decision of the Bangko Sentral ng Pilipinas (BSP), while the peso
The recently ratified Maharlika Investment Fund (MIF) bill still needs to be signed by Senate President Juan Miguel Zubiri before being transmitted to Malacañang for the signing into law of President Ferdinand R. Marcos Jr. This was the update
Oil companies will implement minimal price cuts on fuel products after big-time hikes last week. Starting 12:01 a.m. Tuesday, Cleanfuel, Petro Gazz, Seaoil, and Shell will slash gasoline prices by PHP0.35 per liter and diesel by PHP0.10 per liter.
