Thursday, May 21, 2026
Today's Print

Tag: 2023

Stocks inch up to end 3-day slump

The local stock market inched up Tuesday to end a three-day slump following overnight gains on Wall Street. The 30-company Philippine Stock Exchange index rose...

AUB’s six-month profit jumped to P4.1 billion

Asia United Bank, the banking arm of the Rebisco Group, said Tuesday net income jumped 42 percent in the first half of 2023 to...

Stock index fell below 6,600 level on July 31

Philippine stocks started the week in the red, pushing down the benchmark index below the 6,600 level, on month-end portfolio adjustments. The Philippine Stock Exchange...

Meralco six-month core income up 47% to P19.2 billion

Power retailer Manila Electric Co. said Monday consolidated core net income in the first six months reached P19.2 billion, or 47 percent higher than...

LRT 1 to implement fare hike on Aug. 2

Light Rail Manila Corp. said Monday it will implement a P14 minimum fare and P35 maximum fare for LRT Line 1 starting Aug. 2,...

BayaniChain to energize Philippine Blockchain Week 2023

Next-generation technology firm BayaniChain is set to energize the stage at the upcoming Philippine Blockchain Week 2023 in September to showcase its latest apps...

Philippine stocks track Wall Street losses

Philippine stocks ended the week in the red, tracking the movement of the US markets. The 30-company Philippine Stock Exchange index slipped 52.66 points, or...

Stocks down slightly after Fed rate hike

Philippine stocks slightly fell Thursday as investors digest the US Federal Reserve’s decision to raise policy rate by 25 basis points. The 30-company Philippine Stock...

Stocks rise on last-minute bargain hunting

The Philippine Stock Exchange index gained 18.02 points, or 0.27 percent, to close at 4,479.13 Wednesday, driven by last-minute bargain hunting. Philstocks Financial Inc. research...

Stock market rises after SONA

Local stocks rose Tuesday on positive investors' sentiments following President Ferdinand Marcos Jr.'s second State of the Nation Address Monday. The PSE index, the 30-company...

Puregold earned P4.4 billion in first half of 2023

Supermarket chain Puregold Price Club Inc. saw its first-half net income increase 4.8 percent to P4.4 billion from P4.2 billion in the same period...

ADB expects the Philippines to post fastest growth in ASEAN in 2023 and 2024

The Asian Development Bank kept its economic growth forecast for the Philippines this year and next on the back of robust investment and private...

2.47 million foreign tourists visited the Philippines in first half of 2023

Some 2.47 million foreign travelers visited the Philippines in the first six months of 2023, Quezon City 4th District Rep. Marvin Rillo, vice chairperson...

BIR’s tax collection grew by a tenth to P1.05 trillion in five months

The Bureau of Internal Revenue said Thursday tax collection grew by almost a tenth in the first five months of 2023 to attain its...
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