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

Foreign Banks Foretells Philippines Economic Boost

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MANILA, Philippines – Economic growth forecasts for the Philippines were raised by Barclays, HSBC, and Nomura following the country’s robust third quarter. Joseph Incalcaterra, HSBC's economist, stated that the gross domestic product...

IT-BPM Sector Worries Over Rent and Utility Costs

MANILA, Philippines - The anti-US alliance of President Duterte is not a bother for the Information Technology and Business Process Management (IT-BPM) sector, but the rent and utility costs. Colliers International, a...

DFNN Wins Case Against PCSO

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MANILA, Philippines - DFNN Inc. (PSE:DFNN) receives a copy of the judicial writ from the Regional Trial Court of Makati City dated December 7, 2016 in relation to its Petition for...

Duterte State Visit to Japan Yields $1.8 Billion

MANILA, Philippines - President Rodrigo Roa Duterte's state visit to Japan brought $1.8 billion in investment commitments back to the country. Department of Trade Secretary, Ramon Lopez, stated that 12 investment agreements...

Government Debts Down to P28.65B

MANILA, Philippines - In August, gross borrowings of the government decreased compared to last year's record, reported by Bureau of Treasury. The national government borrowed P28.65 billion, which is a decrease of...

Adios ABS-CBN? Duterte’s Threat and The Power of Congress

Is ABS-CBN going to be shut down by Duterte? Can the Congress blindly follow through Duterte's threats? What will happen next?

FNI Technical Analysis: Is It Strong Enough to Break the ₱1.76-₱1.80 Range?

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Global Ferronickel Holdings, Inc. (PSE:FNI) has been consolidating since 7th of October between 1.65 and 1.76. This week will be the 2nd time it will attempt to break that resistance. Will the bulls win this time? Read our latest technical analysis on FNI to know our insights and recommendations.

Megaworld Expands Saint Honore Iloilo

MANILA, Philippines – Megaworld Corporation (PSE:MEG) reports the expansion of Saint Honore, which is located in Iloilo Business Park. In a disclosure to the Philippine Stock Exchange (PSE), Dohrie Edangalino, MEG Head-Corporate...

Foreign Investments Nearly Fractioned in 3Q2016

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MANILA, Philippines – Foreign investments nearly split up in the third quarter of the year, as attributed by commitment drops to supply industries of electricity, gas, steam, and air conditioning supply...

Ayala Corporation Acquires Merlin Solar Technology, Inc.

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The oldest existing company in the Philippines, Ayala Corporation (AC), continues its journey to international expansion, having earned the controlling stake in Merlin Solar Technologies, Inc., a solar technology company based in California, USA.
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