The COVID-19 Pandemic Has Given Life Insurance Businesses a Massive Boost The Importance of Life Insurance During Uncertain Times Higher levels of alertness are required as the Omicron virus continues to spread, reminding us of the importance of financial preparedness. The pandemic has made one thing clear—life is unpredictable, and financial security is essential…
The Philippine stock market experienced a tumultuous ride during the early stages of the COVID-19 pandemic, mirroring trends seen across global markets. The Philippine Stock Exchange Index (PSEi) plummeted sharply, shedding over 40% of its value between January and March 2020, reaching its lowest point in more than a decade. In a single day…
The apex of the ITO stocks market occurred on February 19, 2020, before the COVID-19 pandemic outbreak set off a steep decline in share values. Since then, the world has evolved, impacting how we live, our economies, and how well our businesses are doing. This ongoing journey is mirrored in the ups and downs of…
Overview When the PSE Index stocks dropped from 7,742 at the beginning of the year to 4,039, a nine-year low, the stock market has already lost as much as 47% of its value this year. However, despite the potential for another market downturn, there are a select few businesses that operate in recession-resistant sectors…
Several initial public offers (IPOs) have prospered in the local stock exchange in earlier years. There are organizations that have gone public as a way of attaining their goals including expansion, acquisitions, and innovation even against apparent market uncertainty, especially with the present pandemic hurting the economy significantly. The Philippine Stock Exchange (PSE) has…
The Bear Market in 2023: How can you succeed in the time of pandemic and new normal The Philippine stock market has faced significant challenges over the past few years, with stocks experiencing their most substantial decline in four years. Some financial analysts predict that the market is heading toward a bear market, creating…
PANDEMIC-PROOF BUSINESSES Similar to all the countries worldwide, the Philippines too was affected by the COVID-19 Pandemic. Businesses, establishments, different companies, and the workforce were all affected by the sudden health crisis in 2020. The economy of the Philippines was in sudden decline, thus resulting in some closure of restaurants and other businesses. Mins to…
Pandemic Sparks Surging Demand for Insurance Protection The COVID-19 pandemic has reshaped how people view insurance and financial preparedness. With uncertainty still present, more Filipinos are recognizing the importance of having a reliable plan to protect their families and future. The demand for life policies and investment-linked coverage has surged, showing a shift in…
COVID-19: The Philippines is Protected, But Vigilance is Still Needed The Ongoing Financial Strain of COVID-19 on Filipinos The impact of COVID-19 extends far beyond health—it has placed a huge financial burden on many Filipino families. With out-of-pocket (OOP) medical expenses still accounting for nearly 50% of overall health costs, many individuals remain…
Urgent Call for Greater Vigilance as Omicron Variant Rapidly Spreads The Omicron variant is a significant driver of the recent COVID-19 surge, and many factors have contributed to its rapid spread. The relaxed lockdown rules, increased social gatherings, and a false sense of security have led to a rise in infections worldwide. While early…