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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......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Cash aid to elderly in Angeles City resumes

Cash aid to elderly in Angeles City resumes.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Mayor Cabaron volleyball tilt resumes on Saturday

CEBU CITY, Philippines — After a week-long pause, the 1st Mayor Inocentes Cabaron Invitational Inter-Town Volleyball Tournament resumes its hardcourt action tomorrow at the Moalboal Covered Court in south Cebu this weekend. The host town, Moalboal, and Barili, will fight for the top spot in the men’s division. Both teams have identical 3-0 (win-loss) records......»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

North Korea resumes missile tests, raising tensions with its rivals after their military drills end

North Korea resumes missile tests, raising tensions with its rivals after their military drills end.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

North Korea resumes missile tests

North Korea resumes missile tests.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

'AwiTeofilo' songwriting contest resumes to honor Venerable Teofilo Camomot s legacy

'AwiTeofilo' songwriting contest resumes to honor Venerable Teofilo Camomot s legacy.....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 28th, 2024

Rhea Gullas Cup hardcourt action resumes on Feb. 17

CEBU CITY, Philippines— The hardcourt action resumes in the Rhea Gullas Cup 2024 1st District Inter-Cities/Municipalities Basketball Tournament in Sibonga town, south Cebu on Saturday, February 17th. Three basketball games will be featured tomorrow in Sibonga, starting with the Sidlak Carcar against the defending champions, San Fernando Buffalos. To recall, the Buffalos suffered an opening.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Senate resumes Cha-cha hearings today

As a Senate panel resumes today its second hearing on moves to amend the economic provisions of the Constitution, Sen. Francis Escudero is hoping everyone calms down, and the process can continue with respect from both chambers......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Thin volume seen on short trading week

Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Bago farmers get P1-M capital trading support

Bago farmers get P1-M capital trading support.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 8th, 2024

Ayala Corp tightens insider trading policy

Ayala Corp., the country’s oldest conglomerate, has tightened its insider trading policy......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

SUV plunges into Benguet ravine; 3 dead

Three people died and three others were injured when a sport utility vehicle fell into a 100-meter ravine along Marcos Highway in Sitio Begis, Barangay Taloy Sur in this town at dawn yesterday......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

Market plunges deeper amid Middle East conflict

The stock market plunged deeper in the red yesterday on concerns over the escalating conflict in the Middle East......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Halted by the pandemic, Philippine women’s ice hockey team plunges back to action

The Philippine women’s ice hockey team will be returning to action for the first time in years, taking part in the 2024 IIHF Women’s Asia and Oceania Championship Division 1 in Kyrgyzstan beginning next week......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Urgent: Truck plunges into cliff in central Philippines, killing 14

MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Urgent: Truck plunges into cliff in central Philippines, killing 14

MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024