by ev3v4hn | Aug 17, 2020 | Business News
Philippine stocks could resume their uptrend this week as investors bank on less COVID-19 restrictions despite rising infections. The Philippine Stock Exchange index (PSEi) last week rose almost 4 percent to end at 6,076.91. BDO Unibank Inc. chief strategist Jonathan Ravelas said these sentiments could provide support and help the PSEi stay above the key […]
by ev3v4hn | Aug 14, 2020 | Business News
The benchmark Philippine Stock Exchange Index (PSEi) recovered above the key 6,000 level on Thursday as investors continued to look forward to a possible easing of lockdown restrictions. The PSEi ended the session up 1.71 percent, or 102.78 points, to 6,097.78 while...
by ev3v4hn | Aug 13, 2020 | Business News
Another bank and a multilateral institution have further downgraded their 2020 economic outlook for the Philippines after the government reverted 50 percent of the economy to stricter lockdown this month despite improving conditions when quarantine restrictions were...
by ev3v4hn | Aug 13, 2020 | Business News
The benchmark Philippine Stock Exchange index (PSEi) edged higher on Wednesday as investor confidence grew despite the recent increase in COVID-19 infections. By the closing bell on Wednesday, the PSEi rose 0.69 percent, or 41.06 points, to 5,995 while the broader...
by ev3v4hn | Aug 6, 2020 | Business News
BAGUIO CITY –– The shuttering of businesses in Baguio City and Benguet province has cost power utility Benguet Electric Cooperative (Beneco) as much as P126 million in foregone revenues since March when Luzon was locked down to prevent the spread of the coronavirus...
