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Philippines
Tuesday, September 24, 2024

Jenniffer B. Austria

PSE index nears 6,700 level on rate cut optimism

Local share prices advanced Monday towards the 6,700 level as investors await more data that will support interest rate cuts by both the Bangko...

Cemex signs power supply agreement with Semirara Mining

The Consunji Group has initiated synergy efforts with its recent acquisition, Cemex Holdings Philippines Inc. (CHP), starting with an electricity supply agreement. CHP said in...

SEC launches eSECnature to foster sustainable capital market operations

The Securities and Exchange Commission (SEC) said it is accelerating efforts to foster a sustainable capital market and business sector with the launch of...

PH stocks likely to move sideways with downward bias

Philippine stocks are expected to move sideways with a downward bias, as the market’s recent rally gives opportunities for short-term investors to take profit. Philstocks...

SEC issues guidelines to consolidate digital services into single platform

The Securities and Exchange Commission (SEC) said it is consolidating its digital services into a unified platform to bolster online transaction security and streamline...

Meralco PowerGen executive appointed new head of SPNEC

The newly-appointed president and chief executive of Meralco PowerGen Corp. (MGen) was elected as the president of SP New Energy Corp (SPNEC). SPNEC said in...

Local stocks sustain gains on optimism over rate cuts

Philippine stocks ended the week in the green after the US June inflation rate slowed to 3 percent, which boosted expectations of a possible...

RCBC, FastPay sign remittance tie-up

Rizal Commercial Banking Corp. (RCBC) teamed up with FastPay, a mobile remittance app that operates exclusively in Taiwan to offer convenient remittance service for...

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