Home Local News

Local News

We publish local news that could affect the performance of companies listed on the Philippine Stock Exchange (PSE).

Possible Nuclear Power Program Faces Workforce Obstacle

MANILA, Philippines – The Philippines’ nuclear power program associates talent problem in case the Duterte administration pursues its revival. Jose A. Magpantay, University of the Philippines (UP) National Institute of Physics' esteemed...

PSE Releases Supreme Court Decision on Litonjua, Et Al. Case

MANILA, Philippines – Philippine Stock Exchange (PSE), the country’s local bourse, released the decision of Supreme Court concerning its case against Antonio K. Litonjua and Aurelio K. Litonjua, Jr., particularly on...

SSS to Implement Maximum Salary Cap Hike

MANILA, Philippines – Social Security System (SSS) would likely to implement a hike in the maximum salary cap and member contributions to augment the firm’s fund life after the probable realization...

Philippine GDP Likely to Hit 1Q2017 Target

MANILA, Philippines – Finance Undersecretary Gil Beltran said that the country’s economy would probably grow by around 7 percent in the 1st quarter due to the good results in manufacturing and...

Philippine 2017 GDP Likely to Hit 7 Percent

MANILA, Philippines – The economy of the Philippines may grow at least seven percent this year, as attributed by the maintained growth in investments and steadfast local consumption. At First Metro Investment...

Faster Inflation Expected in December

MANILA, Philippines – Bangko Sentral ng Pilipinas (BSP) discloses that December could see a faster general rise in prices, particularly in commonly used goods. The central bank explained that the prices of...

Jollibee Sells Its Subsidiary’s 55 Percent Shares

MANILA, Philippines – Jollibee Foods Corporation (PSE:JFC) sells the 55 percent equity shares of its wholly-owned arm, Jollibee Worldwide Pte. Ltd. (JWPL), in Guangxi San Pin Wang Food and Beverage Management...

North Luzon Expressway Extension to Solve Manila’s Traffic?

Metro Pacific Investments Corp plans to extend North Luzon Expressway further into Manila to reach the Port Area. Will this solve the traffic?

Union Bank Subsidiaries Acquire First-Agro Bank

MANILA, Philippines – Union Bank of the Philippines, Inc. (PSE:UBP) discloses that its wholly-owned subsidiaries, City Savings Bank, Inc. and Union Properties, Inc., acquired First-Agro Industrial Rural Bank, Inc. In a disclosure...

Philweb Receives Confirmation for Sale of Shares from SEC

MANILA, Philippines – PhilWeb Corporation (PSE:WEB) confirms receipt from the Securities and Exchange Commission (SEC) of the approved sale of Roberto V. Ongpin shares to Gregorio Araneta Incorporated (GAI). In a disclosure...
- Advertisement -

Get in touch


Recent Posts

Most Popular

DNL Industries Sees Ban on Single-Use Plastics as an Opportunity

DNL Industries' new product is the solution to the looming ban on single-use plastic. Will DNL's stock price go higher because of this?

Philippine Stock Exchange Index: Will End 2019 Between 7400 and 7500?

The Philippine Stock Exchange Index (PSEi) is still experiencing an outflow of foreign funds. Are we going to see the main index above 7,900 or between 7,400 and 7,500 before the end of 2019?

Victorias Milling Co. Saw 7% Net Income Increase Even as Productivity Drops

Listed sugar miller Victorias Milling Co. Inc. saw its net income increase, but revenues and productivity declined. Is this bullish for VMC?

Sangley Airport Development Bid for by MacroAsia Corp-China Communications Construction Co. Tandem

Macroasia Corp and China Communications Construction Co. partnered up to bid for the transformation of Sangley airport. How will this affect the price of MAC in the stock market?

Bank of the Philippine Islands Under Probe for $19.5M Laundering Scandal

The Bangko Sentral ng Pilipinas is currently investigating 10 banks for their alleged involvement in a massive money laundering scandal with Australian Bank Westpac. The Bank of the Philippine Islands is specifically named. Will this negatively affect the stock price of BPI? Who are the other banks?