The Daily Manila Shimbun

 

Stocks give up early gains to end lower

June 2, 2017

Stocks gave back early gains Friday as reports of higher casualties in an attack by a gunman at Resorts World filtered in. The Philippine Stock Exchange Index closed 19.83 points down to 7,907.66 after the barometer advanced during early trading.

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Foreign buying boosts shares

June 1, 2017

Stocks rose on Thursday, supported by foreign buying. The Philippine Stock Exchange Index closed 90.37 points higher to 7,927.49 points. In the broader market, there were 127 gainers, 82 decliners and 49 remaining unchanged. Volume reached 1.49 billion shares worth

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Stocks lower despite net foreign buying

May 31, 2017

Stocks closed lower on Wednesday despite higher buying from foreign funds. The Philippine Stock Exchange Index finished down 23.65 points to 7,837.12. In the broader market, there were 107 decliners, 99 gainers and 39 unchanged. Volume reached 1.85 billion shares

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San Miguel Corp. to build first brewery in the US at Los Angeles

May 31, 2017

San Miguel Corp. said it is planning to build a $150 million brewery in Los Angeles and two more facilities in Cagayan de Oro and Iloilo, the firm said in a disclosure to the Philippine Stock Exchange Wednesday. Ferdinand Constantino,

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Stocks end lower despite foreign buying

May 30, 2017

Stocks ended lower on Tuesday as the Philippine Stock Exchange Index shed off 25.26 points to 7,860. 77 despite foreign buying. In the broader market, there were 105 decliners, 77 gainers while 58 were unchanged. Volume reached 1.33 billion worth

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Stocks up, Eagle Cement debuts at bourse

May 29, 2017

Stocks ended with slight gains on Monday, with the Philippine Stock Exchange index closing 18.54 points higher at 7,886.03. In the broader market, advancers and decliners tied at 95 all, while 54 were unchanged. Volume reached 1.11 billion shares valued

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Duterte certifies tax reform bill as urgent: finance department

May 29, 2017

Following a request from the Department of Finance, President Rodrigo Duterte certified  on Monday  as an urgent measure for congressional approval the eight-month-old Tax Reform for Acceleration and Inclusion Act . “We are transmitting this letter of President Rodrigo Roa

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No VAT exemption for property developers to benefit low-income renters, buyers

May 26, 2017

Apartment and other real property rentals of P10,000 and below will remain VAT-free while those leasing out condos and other housing units whose gross sales of receipts fall under the three million peso VAT threshold will also be exempt from this tax under the

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