The 30-company Philippine Stock Exchange index advanced by 82.07 points, or 1.32 percent, to close at 6,280.90, while the broader all-shares index climbed 31.48 points, or 0.94 percent, to settle at 3,91.38.
China Bank Capital Corp. managing director Juan Paolo Colet said the bellwether tracked most Asian markets as the US earnings season started on positive note and China injected liquidity into the financial system. Colet said investors also welcomed the positive report on overseas Filipino cash remittance, which increased 2.7 percent in August to $2.80 billion from $2.72 billion a year ago.Tonik, a digital bank in the Philippines, announced its strategic partnership with life insurance company Sun Life Grepa Financial Inc....D&L Industries was recognized alongside other top Philippine publicly listed companies by the Institute of Corporate Directors for its...
Manila Standard website , launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry.
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