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Market extends losses as inflation quickens

The stock market extended its losing streak yesterday, closing the week in the red as inflation accelerated for a second straight month in March......»»

Category: financeSource: philstar philstarApr 6th, 2024

Inflation quickens to 3.4 percent in February

Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Cebu Province inflation rate soared in March 2024

CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Murder case filed vs 5 tagged in slay of Lapu market collector

LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies

In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 12th, 2024

Treñas extends suspension of face-to-face classes in Iloilo City due to extreme heat conditions

Treñas extends suspension of face-to-face classes in Iloilo City due to extreme heat conditions.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

PDIC extends loan incentive program for closed bank borrowers

PDIC extends loan incentive program for closed bank borrowers.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac

Mayor Sammy Laynes conveys his appreciation for the service rendered by outgoing Chief of Police Robert Kevin Caparosso during his tenure at the Virac Municipal Police Station for several years. Meanwhile, the mayor pledges his full support to the new leadership under OIC Chief of Police Emsol Icawat. “We also thank our outgoing chief, PMAJ […] The post The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsJan 30th, 2024

CSF gov t extends deadline for business permit renewal

CSF gov t extends deadline for business permit renewal.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Eye on inflation as market returns from long holiday

Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Market dips as traders tracked Wall St losses

Local shares went back in the red yesterday following a tepid lead from Wall Street as traders prepare for the release of key US inflation data and start of earnings season......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Market extends winning streak

Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Market extends winning streak

The stock market surged anew yesterday, extending its winning streak to a fifth session, as investor sentiment was boosted by the latest local unemployment data and positive cues from Wall Street overnight......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Market extends rally on positive investor sentiment

The stock market extended its rally to a fourth straight session yesterday, buoyed by positive cues from both domestic and abroad, analysts said......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Losses to Philippine agriculture due to El Nino reach 31 mln USD

MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

‘Legislated wage hike spells job losses’

A bill that seeks a P100 increase in the daily minimum wage for private workers nationwide could spell job losses especially in labor-intensive sectors, economists warned......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Shrinking news space: CNN Philippines shuts down due to financial losses

CNN PHILIPPINES officially announced on Jan. 29 that it was shutting down operations on all platforms following several years of financial losses. It made the announcement on its channel through a broadcast advisory, followed by an official statement on social media. Operated by Nine Media C.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

CNN Philippines announces closure due to financial losses

The news network announced its shutdown in a general assembly of its staff on Monday, citing “serious financial losses.".....»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

CNN Philippines shutting down as losses exceed P5B

MANILA  —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Xinhua world economic news summary at 0900 GMT, March 11

TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024