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Investors load up on PXP Energy shares after lifting of exploration...

PXP ENERGY Corp. (PXP) shares soared last week as investors took positions following the government’s decision to lift the ban on oil and gas exploration in the West Philippine Sea and the company’s confirmation that it was in ongoing negotiations with a Chinese oil company on a joint oil and gas development in the contested waters.

August trade gap widest in 5 months

The country’s external trade deficit grew to its widest level in five months in August as the annual decline in imports once again outpaced...

Disasters, failure of governance are top risks to business

NATURAL CATASTROPHES and failure of national governance dominate the concerns for business executives in the Philippines this year, according to the World Economic Forum’s (WEF) “Regional Risks for Doing Business 2020” report.

MerryMart shares rise after tie-up with FoodPanda on ‘dark grocery’

A PLAN between MerryMart Consumer Corp. and FoodPanda Philippines to launch a purely online grocery service in the country has driven the former’s stock activity last week.

Revenue index slumps to record low

A COMPOSITE INDEX measuring sales generated by Philippine companies across all industries posted its biggest decline on record in the second quarter, as most...

Yields on gov’t debt go up ahead of BSP bond offer

YIELDS ON government securities (GS) inched up last week due to muted trading amid a lack of fresh leads, with investors also awaiting the Bangko Sentral ng Pilipinas’ (BSP) maiden bond offering this Friday.

Factory output continues slump with 11.9% drop in July

FACTORY OUTPUT extended its losing streak to a fifth month in July, with an 11.9% year-on-year decline in the Volume of Production Index (VoPI),...

Factory output continues slump in July

FACTORY OUTPUT declined for the fifth straight month in July, the Philippine Statistics Authority (PSA) reported earlier this morning. Preliminary results of the PSA's latest...