Tag: PSEi

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PSEi seen reaching 7,800 points by yearend

Markets Context.ph Context.ph -
The benchmark Philippine Stock Exchange index (PSEi) could hit 7,800 points within the year as most of its 30-members have forecast earnings exceeding pre-pandemic levels.

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AirAsia X orders150 Airbus A220 jets  in $19 billion deal

Transport & Logistics 0
AirAsia has signed a deal with Airbus to buy 150 A220-300 aircraft in an agreement valued at about $19 billion at list prices. The airline also has the option to increase the order to 300 aircraft in the future, making it the largest single firm order globally for the A220 model.

ASEAN to address Middle East crisis spillover

Trade & Investments 0
ASEAN leaders are expected to issue a unified statement on the Middle East at the 40th ASEAN Summit tomorrow, outlining both a regional position and a framework for addressing future crises, Foreign Affairs Secretary Ma. Theresa Lazaro said.

Toyota Tamaraw wins DOTr certification as modern PUV

Transport & Logistics 0
The Department of Transportation (DOTr) has officially granted the “Modern PUV Class 1” certification to the Toyota Tamaraw, a milestone in the Philippines’ public utility vehicle modernization program, Toyota Motor Philippines Corp. (TMP) president Masando Hashimoto announced.

URC 1Q profits slip 2% despite strong sales growth

Corporate 0
Universal Robina Corp. reported a 2 percent drop in net income for the first quarter to P3.97 billion from P4.05 billion a year earlier, despite higher sales driven by strong demand across its food businesses.

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