Indices Analysis

PSE eyes changes to listing rules

COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. By Denise A. Valdez, Senior Reporter THE Philippine Stock Exchange, Inc. (PSE) is proposing to require companies that will list shares on its main board to have a minimum P75-million three-year cumulative net income, replacing the minimum capitalization requirement. The bourse operator released late …

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Budget deficit swells to P40B in Aug.

BW FILE PHOTO By Beatrice M. Laforga, Reporter THE National Government’s budget deficit ballooned by 1,510% to P40 billion in August from a mere P2.5-billion shortfall a year ago, as revenues remained weak amid the economic slowdown, the Bureau of the Treasury (BTr) said. The BTr cash operations report released …

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Regional Updates (09/23/20)

Boracay open to domestic tourists under eased quarantine by Oct. 1 BORACAY ISLAND will be open for tourists from areas under relaxed quarantine levels — general community quarantine (GCQ) and modified GCQ — starting October 1, the Tourism department announced. The Boracay inter-agency task force approved the expansion from only …

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