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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......»»
Your Data, Your Rights: Proactive Steps for Personal Data Protection
Safer Internet Day 2024 comes amid data fears about limited access imposed on various popular apps, causing users to circumvent the new rules by downloading replacements. In an era where vast amounts of data are constantly being collected and analyzed, the risks of data breaches, identity theft, and invasion of privacy are more pronounced than […].....»»
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......»»
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......»»
China urges ROK to stay prudent on South China Sea issue: Chinese FM
BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»
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......»»
China says it opposes Philippine construction on Nansha Islands
China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday. "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»
China says it opposes Philippine construction on Nansha Islands
China firmly opposes the Philippine side conducting any form of construction activity on the islands and reefs of China's Nansha Islands that it invaded and illegally occupied, a spokesperson for China's Defense Ministry said Thursday. "China has indisputable sovereignty over the Nansha Islands and the adjacent waters, which is fully backed by historical and legal evidence," Wu Qian, a spokesperson for the.....»»
Economic worries weigh down PSEi
Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»
China urges Philippines to stop provocations in South China Sea
BEIJING, April 1 (Xinhua) -- China urges the Philippines to immediately stop violating China's sovereignty and its provocations on Ren'ai Jiao, and return to observing the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), Chinese foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks when asked to comment on a statement made by the Philippine department of.....»»
China gets increasingly rambunctious in South China Sea
Hong Kong, April 1 (ANI): Chairman Xi Jinping, as part of his hardening stance against the Philippines, has obviously instructed agencies like the China Coast Guard (CCG), which is directly under his command, to demonstrate greater vigor in the South China Sea. Indeed, Second Thomas Shoal has emerged as a potent flashpoint in the South China Sea, a submerged reef situated 194km west of the Philippine island of Palawan. Th.....»»
China coastguard uses water cannons against Philippine ships in South China Sea
MANILA/SHANGHAI (Reuters) -China’s coastguard said it had taken measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippines decried the moves, including the use of water cannons, as “irresponsible and provocative”. China’s actions led to “significant damage” and injury to personnel on a civilian boat hired to resupply.....»»
Australia, Britain Criticize China for Actions in Hong Kong
SYDNEY - Australia and Britain on Friday criticized China for its actions in Hong Kong and the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.The two countries called out 'recent unsafe and destabilizing behavior by China's vessels against Philippine vessels and crew near Second Thomas Shoal in the South China Sea,' in a statement that contain.....»»
DepEd to push for additional benefits for teachers
he Department of Education will push for “additional benefits” for teachers before Congress, amid a pending bill filed by the Makabayan bloc seeking to increase teachers’ monthly salary to P50,000......»»
El Nino pattern costs Philippine agriculture over 68 mln USD
MANILA, April 19 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached over 3.94 billion pesos (roughly 68 million U.S. dollars), official data released on Friday showed. According to the Department of Agriculture, 11 regions across the Southeast Asian country are reeling from the weather phenomenon, which has affected nearly 74,000 farmers and fisherfolk. More than 66,000 he.....»»
DepEd checking data breach after hacking
The Department of Education is examining its systems for possible data breaches after reports of hackers allegedly harvesting 750 gigabytes of data containing sensitive information on banking details, students, teachers and more......»»
Mars rover data confirms ancient lake sediments on red planet
LOS ANGELES — NASA’s rover Perseverance has gathered data confirming the existence of ancient lake sediments deposited by water that once filled a giant basin on Mars called Jerezo Crater, according to a study published on Friday. The findings from ground-penetrating radar observations conducted by the robotic rover substantiate previous orbital imagery and other data.....»»
US set to overtake China as Germany s top trade partner - data
Berlin has been exporting less to the Asian country in recent years, statistics have shown The US is on track to surpass China as Germany's leading trade partner as soon as next year, Reuters reported this week, citing the German Chamber of Industry and Commerce (DIHK). China has held the top spot for the past seven y.....»»
Biz Bureau surpasses 43-K permit renewals
The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»
Huangyan Dao is beyond limits of Philippine territory: FM spokesperson
BEIJING, Feb. 2 (Xinhua) -- Huangyan Dao is China's inherent territory, which is beyond the limits of Philippine territory, Chinese foreign ministry spokesperson Wang Wenbin said on Friday. China has indisputable sovereignty over the island and its adjacent waters. China exercises sovereignty and jurisdiction over Huangyan Dao in a continuous, peaceful and effective manner, Wang told a regular press briefing whe.....»»