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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

F1 great Lewis Hamilton kept his Ferrari move so quiet even his parents didn t know

F1 great Lewis Hamilton kept his Ferrari move so quiet even his parents didn t know.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

How is the Cebu motorsports scene?

CEBU CITY, Philippines—How is Cebu motorsports these days? Apparently, it isn’t as quiet as it seems, according to Cebuano motorsports legend Lord Seno. In an episode of CDN SportsTalk, Seno, a noted race car champion, said the racing community is active. While the motorsports scene in Cebu may seem quiet with no races being held here,.....»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 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

Peso underperformance likely to continue – MUFG

The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings

Human rights group Karapatan urged the governments of Germany and the Czech Republic to raise concerns on the “dire lack of accountability and the continuing killings in the Philippines” as Ferdinand Marcos Jr. is on a state visit in the said countries. The post Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

Index closes flat on lack of market-moving news

The stock market opened the week with minimal gains as investors waited for catalysts......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Stocks up, peso breaches 56:$1

The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»

Category: financeSource:  philstarRelated NewsMar 20th, 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

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

CHD admits lack of antivenom

CHD admits lack of antivenom.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

PIDS: Pinoy workers lack ‘soft skills’ for digital age

Filipino workforce lack soft skills like adaptability, problem-solving and collaboration needed to adapt to emerging technologies, which could have consequences on the country’s competitiveness and ability to innovate, according to a new study by the Philippine Institute for Development Studies......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

Vista Land $2-B bond sale withdrawn due to lack of interest

Bilyonaryo reported that Manny Villar’s Vista Land and Lifescapes is walking away from its bond sale due to lack of investor demand......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

Philipine Embassy in Canberra leads Filipino Food Month celebration - SBS

Philipine Embassy in Canberra leads Filipino Food Month celebration SBS.....»»

Category: newsSource:  manilanewsRelated NewsApr 22nd, 2024

Montilla leads groundbreaking rites of Panublion sa Nayon housing project

Montilla leads groundbreaking rites of Panublion sa Nayon housing project.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Chen leads ICTSI cast at Luisita

Yu-Ju Chen leads a formidable lineup of competitors from the LPGA of Taiwan in the ICTSI Luisita Ladies International 2024, ready to go head-to-head with the country’s best and top players from the Asia Golf Leaders Forum......»»

Category: sportsSource:  philstarRelated NewsApr 21st, 2024