Stocks seen rising on hopes of lockdown easing

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 […]

PH growth prospects get dimmer with lockdown

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...