PSEi falls for 3rd straight session, closes below 7,000
The local stock barometer fell below the 7,000 mark on Thursday as foreign investors pared down holdings ahead…
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value stocks: As vaccine hopes take centre stage, will value stocks regain favour among…
By Mark Gilbert
Hopes that vaccines will soon replace economic lockdowns as our best defense against the coronavirus have stirred speculation that value stocks will…
Converge IPO draws in ‘hot money,’ but not enough to stem year’s outflows
“Hot money” investments in the Philippines yielded net inflows of $439 million in October after seven…
tax news: Income Tax department to validate UDIN given by CAs in tax audit reports
New Delhi: The income tax department will validate with the Institute of Chartered Accountants of India (ICAI) the unique document identification number (UDIN) of…
Gov’t aims to raise P120B via T-bills, T-bonds sale in December
The Bureau of the Treasury (BTr) will raise P120 billion through the sale of T-bills and bonds in December, its…
Constitution Day: Constitution balances liberty and conditions on which states can deny…
New Delhi: Chief Justice of India S A Bobde on Thursday said that nothing is conferred as right of freedom of speech in "absolute and untrammelled terms" and the…
PAL, banks grapple with looming $5-B debt rehab–biggest in PH history
The total liabilities of Philippine Airlines (PAL)—including its outstanding obligations to foreign aircraft…
Allahabad HC rejects bail pleas of Azam Khan, his son in forgery case
The Allahabad High court on Thursday denied bail to senior SP leader Mohammad Azam Khan and his disqualified UP MLA son, arrested in a case of cheating and forgery…
Coal remains top fuel source of PH power plants
The Philippines remains heavily reliant on coal, with the fossil fuel powering 54 percent of the total…
Atmanirbhar Bharat 3.0 package: ECLGS 2.0 scheme: Govt extends credit guarantee scheme to…
New Delhi: The government on Thursday said it has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to the health sector and 26 other sectors identified by…