Do you need to keep your money somewhere else aside from under the pillow?

You can start investing. You can place it, among other options, in a better-yielding bond Unit Investment Trust Fund (UITF) or in higher-yielding but riskier shares of stocks (stock market). For information on savings deposit rates and time deposit rates, please select Interest Rates under the Banking sub-menu on the top MENU or click here.

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Filinvest Land Prepares for Real Estate Investment Trust

Filinvest Land, Inc. (ticker symbol: FLI) is jumping into the Real Estate Investment Trust (REIT) bandwagon. However, instead of creating a new company, it is transforming its wholly-owned subsidiary Cyberzone Properties Inc. into a REIT company. The property portfolio for the REIT company will include buildings leased out to traditional companies as well as business

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Cirtek’s Disclosure Lapses Bring Back the Ghost of Calata

Cirtek Holdings Philippines Corporation Sanctioned by the Philippine Stock Exchange On January 15, 2021, the Philippine Stock Exchange meted out penalties to Cirtek Holdings Philippines Corporation for, among other violations, inaccurate or non-disclosure of the changes in the ownership of its director and principal officers. Bilyonaryo.com.ph, an online business news outlet, gave some details on

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Unusual Price Movements in the Philippine Stock Market: What’s Going On, General?

Unusual Price Movements in the Philippine Stock Market This week, we are seeing a barrage of corporate disclosures on unusual price movements in the stock market. On Monday, January 18, 2021, the Capital Markets Integrity Corporation (CIMC) issued unusual-price-movement inquiries to Pacifica Holdings, Inc. (ticker symbol: PA), Oriental Petroleum and Minerals Corporation (OPM and OPMB),

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Spotlight: Aboitiz Power (AP)

Aboitiz Power (AP) on Spotlight: If you are holding this stock or “stuck”, as some would call it, you would notice that its price hasn’t changed much since April 2020. This may not be a surprise because one big broker gives it a HOLD rating with a target price of P29.00; however, another similarly big

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GCash Attracts Over $175 Million Fresh Capital

In a press statement posted on the PSE Edge website on January 11, 2021, Globe Telecom, inc (GLO) disclosed that Globe Fintech Innovations, Inc., its financial technology arm and operator of the mobile wallet GCash, has attracted fresh capital investment from Bow Wave Capital Management. Below is Globe Telecom’s press release on the matter. “GCash

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