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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......»»
Bago farmers get P1-M capital trading support
Bago farmers get P1-M capital trading support.....»»
Business group backs carbon emission trading
The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»
LMG Corp starts trading today with new par value
Shares of LMG Corp will be halted for the first hour of trading to allow traders to evaluate the change in the par value of the company’s common stock from P1.00/share to P0.10/share......»»
Live Updates: The Daily Guardian – Stock Market Today
Title: Stock Futures Dip, Yet Disney and Arm Shine in After-Hours Trading: Tech Sector Leads S&P 500 Surge The Daily Guardian In a mixed trading.....»»
Ayala Corp tightens insider trading policy
Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»
BSP boss shines spotlight on insider trading
As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»
Drastic rise in dengue cases noted in General Santos
GENERAL SANTOS CITY (MindaNews / 21 February)—Health authorities in this city reminded residents to be cautious over a noted increasing number of dengue cases, mostly involving children. But there were no dengue-related deaths reported this year so far, Dioscorro Nuñez III, health education and promotion officer at the City Health Office, said on Wednesday. He […].....»»
Travel agencies group warns about cheap, illegal operators
The Davao Travel Agencies Association (DTAA) has issued a warning about unregistered and illegal travel and tour operators in their area. These operators have been found to be offering travel and tour services without proper licensing, leading to issues such as lack of refunds, scheduling problems, and other travel arrangement discrepancies. Pia Partoza Montano, a travel agency owner and Vice-President for the Travel and Tours Sector of DTAA, emphasized the prevalence of these unauthorized operators, particularly in inbound tourism, and the challenges in monitoring and regulating them due to their large numbers. Montano also highlighted the potential risks associated with using these unregistered agencies, as they may offer cheaper rates but could lead to problems in case of incidents. To address this issue, the Department of Tourism-Davao (DOT-Davao) has introduced a QR code system to help the public verify the legitimacy of travel agencies by accessing data on authorized and registered operators. The DOT-Davao encourages travelers to transact with accredited enterprises to ensure the quality and reliability of their travel arrangements. Currently, there are at least 109 registered travel and tour agencies in Davao City under DOT-Davao's accreditation. The DOT-Davao also provides information on the requirements for registration and renewal for travel agencies on their official website. This warning serves as a reminder for the public to be cautious and discerning when engaging with travel and tour operators to avoid falling victim to unauthorized and illegitimate services......»»
Warring sides still cautious after Biden says Gaza truce is close
Hamas is now weighing a proposal, agreed by Israel at talks with mediators in Paris last week, for a ceasefire that would suspend fighting for 40 days, the first extended truce of the five-month-old war.....»»
Oil price rollback expected next week
Fuel price rollbacks are expected next week. .....»»
Oil price hike expected on February 20
After last week’s price rollback, another oil price hike is expected to be implemented by oil firms next week......»»
Oil price rollback expected next week
Lower pump prices for petroleum products are expected next week, with the Department of Energy-Oil Industry Management Bureau assistant director Rodela Romero estimating an oil price decrease of around P1 to P1.20 per liter for gasoline, P0.40 to P0.60 per liter for diesel, and P0.45 to P0.65 per liter for kerosene......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
Cebu bus terminals: 100,000 passengers expected on March 27
CEBU CITY, Philippines — At least 100,000 passengers are expected to flock to two of the biggest bus terminals here in Cebu for the Holy Week this year. As early as 7 a.m. on Holy Wednesday, dozens already queued for buses at the Cebu North Bus Terminal (CNBT) in the North Reclamation Area. READ MORE:.....»»
Oil price hike expected this Holy Week
Oil firms are expected to implement an increase in pump prices on Holy Tuesday, March 26......»»
Fuel price cut expected this week
Fuel prices are expected to decrease slightly again following a minimal downward price adjustment previously, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel might go down by 20 to 30 centavos per liter and gasoline by 30 to 50 centavos per liter. ALSO READ: Fuel prices rise.....»»
Stocks retreat as investors stay on sidelines
Share prices retreated yesterday as investors opted to stay on the sidelines with trading shortened to three sessions this Holy Week......»»
Stocks extend losing streak
Local stocks continued its descent as investors took a cautious approach ahead of the Bangko Sentral ng Pilipinas policy meeting......»»
Newscast: Behind the headlines of GDC, a cautious sense of hope
The gaming industry faced its fair share of challenges in the past 18 months, and these were the hot topics of discussion at the recently.....»»