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Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
First Metro thinks PSEi could hit 7,500 this year
First Metro Investment Corp head of research, Cristina Ulang, said that the PSEi could rise to as high as 7,500 this year......»»
Heat wave in Southeast Asia closes schools, triggers health alerts
Heat wave in Southeast Asia closes schools, triggers health alerts Reuters.....»»
Cebu City OBO temporarily closes condo unit after child’s fatal fall
Cebu City OBO temporarily closes condo unit after child’s fatal fall.....»»
Davraa Meet 2024 closes on a high note in Davao City
Davraa Meet 2024 closes on a high note in Davao City.....»»
Misamis Oriental s pilgrimage site closes for tourism upgrade
Misamis Oriental s pilgrimage site closes for tourism upgrade.....»»
Serious crash near Helensville closes busy road
Police are responding to a serious crash in South Head, Auckland.The crash between two vehicles near the intersection of Evans Road and South Head Road was reported at about 9.51am.Three people were injured in the crash and transported to hospital, one in a serious condition, two others in a moderate condition.The crash has closed South Head Road in both directions.Traffic management is in p.....»»
PSEi forecast to touch 7,000
The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»
Bitcoin hits new all-time high
The leading cryptocurrency surged above the $72,000 mark on Monday Bitcoin, the world's highest-valued cryptocurrency, hit a new record on Monday as it surged above $72,000. The token soared to a fresh all-time high of $72,030, breaking the record set in November 2021 and bringing gains for the year so far to n.....»»
PSEi to stay at 6,700 ahead of inflation data
The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»
PSEi back to 6,600 level on Wall Street gains
The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»
Index upside points to 7,000 level
The benchmark Philippine Stock Exchange index could retest the 6,700 resistance this week and break toward 7,000 in the near-term, analysts said......»»
Bill seeks P50,000 entry-level pay for public school teachers
The three-member militant Makabayan bloc filed yesterday a bill in the House of Representatives that will nearly double the entry-level salary of public school teachers nationwide, to the tune of P50,000 monthly......»»
Serious crash near Ashburton
Police are responding to a two-vehicle crash in Willowby, near Ashburton.The crash was reported around 5:40pm on Longbeach Road, near Winslow Willoughby Road.One person is in a critical condition, and a helicopter has been called for.The Serious Crash Unit has been advised.The road is blocked and motorists are advised to expect delays.ENDS Source: NZ Police.....»»
Marcos: Philippines ‘trying everything’ to lower tensions with China
“We are trying everything. We still continue to talk at a ministerial level, at a sub-ministerial level, at a people-to-people level,” Marcos said. .....»»
Marcos: Philippines ‘trying everything’ to lower tensions with China
“We are trying everything. We still continue to talk at a ministerial level, at a sub-ministerial level, at a people-to-people level,” Marcos said. .....»»
Pantabangan Dam may hit critical level by end-April
The water level in Pantabangan Dam in Nueva Ecija may reach critical level by the end of April, affecting irrigation supply, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Metal sector shines with record output
Higher gold and nickel output buoyed the country’s metal production to a record level of P249 billion in 2023, offsetting contractions in other commodity output......»»
Abby Clutario, Keiko Necesario take center stage at One Stop Record Fair
Music lovers, audiophiles and record collectors had a feast of their favorite things during the most recent edition of “One Stop Record Fair” held at the Activity Area of Ayala Malls The 30th in Pasig City......»»
Forces from US, Philippine stage combat drills near southern Taiwan
ITBAYAT, The Philippines: U.S. and Philippine forces recently conducted combat drills in the Philippines' northernmost island town of Itbayat, situated along the strategic Bashi Channel near southern Taiwan, a pivotal area in the ongoing military rivalry between Washington and Beijing. The exercises, part of the annual Balikatan maneuvers, involved over 16,000 American and Philippine military personnel, marking.....»»