Foster City, CA, Shanghai and Hangzhou, China, Jan 12, 2022 – (ACN Newswire via SEAPRWire.com) – Apollomics Inc. an innovative biopharmaceutical company committed to the discovery and development of mono- and combination- oncology therapies, today announced that the management team will host two upcoming webcasts to accommodate participants from the U.S. and China. Co-Founder, Chairman […]
Tag: thursday
2GO Travel says most destinations on network now accept tourists
2GO GROUP, Inc.’s 2GO Travel on Thursday said 90% of the destinations on its network now accept tourists. “Fully vaccinated travelers with vaccination cards and certificates can enter Batangas, Caticlan, Butuan, Cagayan de Oro, Cebu, Dumaguete, Iloilo City, Manila, Negros Occidental province, Ozamis, and Roxas without the swab test requirement,” 2GO Travel said in an […]
Peso slips on weak labor data
THE PESO slipped versus the greenback on Thursday following weaker labor data and ahead of the release of the October inflation report. The local unit closed at 50.595 per dollar on Thursday, shedding by 2.5 centavos from its P50.57 finish on Wednesday, based on data from the Bankers Association of the Philippines. The peso opened […]
Local shares decline further ahead of key data
PHILIPPINE shares declined along with most markets in the region on Thursday as investors await more corporate earnings reports and key data releases, and with coronavirus disease 2019 (COVID-19) cases in neighboring countries starting to rise again. The Philippine Stock Exchange index (PSEi) dropped by 72.42 points or 1% to close at 7,157.73 on Thursday, […]
Peso moves sideways before announcement of new Metro Manila restrictions
THE PESO inched sideways versus the greenback on Thursday, with investors still waiting for the government’s announcement on mobility restrictions for next month and as oil prices dropped. The local unit closed at P50.71 per dollar on Thursday, inching up from its P50.72 finish on Wednesday. The peso opened Thursday’s session weaker at P50.77 against […]
PSEi rebounds as gov’t eases restrictions in NCR
SHARES surged on Thursday after the government’s pandemic task force eased mobility restrictions in the National Capital Region (NCR) amid a decline in coronavirus disease 2019 (COVID-19) cases. The benchmark Philippine Stock Exchange index (PSEi) climbed 114.19 points or 1.61% to close at 7,183.11 on Thursday, while the broader all shares index went up by […]
Peso rises as gov’t eases Metro Manila restrictions
THE PESO climbed versus the greenback on Thursday as the government relaxed mobility restrictions in the capital and following the release of data showing the country had ample dollar buffers as of end-September. The local unit closed at P50.605 per dollar on Thursday, appreciating by five centavos its P50.655 finish on Wednesday, based on data […]
Shares drop as investors pocket gains from rally
SHARES snapped their three-day rally on Thursday as investors pocketed gains and after Nikkei Asia’s coronavirus disease 2019 (COVID-19) recovery report put the Philippines in last place. The Philippine Stock Exchange index (PSEi) declined by 106.15 points or 1.50% on Thursday to close at 6,951.30, while the all shares index shed 54.29 points or 1.23% […]
Peso rebounds on strong US jobs data
THE PESO strengthened on the back of improved US jobs data. — BW FILE PHOTO THE PESO rebounded versus the dollar on Thursday following stronger US jobs data. The local unit closed at P50.56 per dollar on Thursday, appreciating by 32 centavos from its 50.88 finish on Wednesday, based on data from the Bankers Association […]
Local stocks rise on hopes of gradual reopening
SHARES closed higher on Thursday, shrugging off data showing the increase in the number of unemployed Filipinos, on hopes that more sectors could reopen or expand their operations this month. The benchmark Philippine Stock Exchange index (PSEi) rose 18.77 points or 0.27% on Thursday to close at 6,952.88, while the broader all shares index went […]
Peso returns to P51:$1 level on hawkish signals from Fed official
THE PESO retreated versus the greenback on Thursday following hawkish signals from a key US central bank official. The local unit closed at P51 per dollar on Thursday, shedding 13.5 centavos from its P50.865 finish on Wednesday, based on data from the Bankers Association of the Philippines. The peso also closed at P51 per dollar […]
Dictator’s son may run for President in 2022, his sister says
FERDINAND “Bongbong” R. Marcos, Jr. might run for President next year, but is also open to the vice presidential post if he could find a running mate, his sister Senator María Imelda Josefa “Imee” R. Marcos said on Thursday. “For all intents and purposes, he has his own setup, and he is running for President […]
Peso slips ahead of BSP meeting
THE PESO inched down against the greenback on Thursday ahead of the central bank’s policy review. The local unit ended at P50.39 per dollar, shedding one centavo from Wednesday’s close of P50.38, based on Bankers Association of the Philippines data. The local currency opened the session at P50.35 versus the dollar. Its weakest point was […]
Peso climbs on quarantine measures, dovish Fed
THE PESO appreciated versus the greenback on Thursday as the government kept Metro Manila under general community quarantine (GCQ) and after the US Federal Reserve said it will continue to support the world’s largest economy. The local unit closed at P50.305 per dollar on Thursday, gaining 6.5 centavos from its P50.37 finish on Wednesday, based […]
Shares inch up as gov’t keeps NCR Plus under GCQ
PHILIPPINE shares closed in the green on Thursday, with investors optimistic after the government maintained loose restriction measures for Metro Manila and nearby provinces or the National Capital Region (NCR) Plus bubble. The benchmark Philippine Stock Exchange index (PSEi) improved by 23.50 points or 0.36% to 6,496.53 on Thursday, while the all shares index rose […]
Peso rises as gov’t eases restrictions in Metro Manila
THE PESO climbed versus the greenback on Thursday as the government further eased restrictions and as the US Federal Reserve chief said the central bank will continue to support the world’s largest economy. The local unit closed at P50.22 per dollar yesterday, gaining eight centavos from its P50.30 finish on Wednesday, based on data from […]
Shares drop on COVID-19 worries, lack of leads
PHILIPPINE shares declined on Thursday amid a lack of fresh leads and as coronavirus disease 2019 (COVID-19) infections in some Asian economies surged. The Philippine Stock Exchange index (PSEi) went down by 107.48 points or 1.57% to close at 6,727.93 on Thursday, while the all shares index declined by 44.46 points or 1.05% to end […]
Stocks drop as market corrects after sharp jump
PHILIPPINE shares went down on Thursday on as investors pocketed their gains from the recent rally and as the market corrected after its sharp increase on Wednesday. The Philippine Stock Exchange index (PSEi) declined by 49.82 points or 0.72% to close at 6,791.87 on Thursday, while the all shares index lost 13.96 points or 0.33% […]
Peso declines vs dollar as gov’t debt stock climbs
THE PESO dropped versus the dollar on Thursday as the government’s debt stock climbed further as of April. — BW FILE PHOTO THE PESO weakened against the dollar on Thursday as the National Government’s debt climbed further as of April amid increased borrowings due to the pandemic. The local unit closed at P47.825 versus the […]
DoE says no more brownouts expected, investigating outages
THE Department of Energy (DoE) said Thursday that the Luzon grid has returned to normal and that it expects no further rotating brownouts, though it does plan to investigate claims of “sabotage” behind the simultaneous outages that took out enough power capacity to warrant three days of red alerts on the grid. Early Thursday, the […]