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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......»»
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......»»
Selling pressures drag local stocks down
The Philippine Stock Exchange index fell below the 6,900 level, slipping by 0.31 percent or 21.72 points to end at 6,891.49 amid selling pressures at the start of the trading week......»»
Nigerian student caught selling neighbor’s stolen gadgets in Cebu City
CEBU CITY, Philippines — A Nigerian national, who is studying at one of the universities in Cebu City, was caught on Wednesday, April 17, 2024, in the act of selling over P100,000 worth of gadgets that he allegedly stole from his neighbor in Barangay Sambag 2. The arrested person was identified as 23-year-old Chidera Nwike,.....»»
8 arrested in Cebu for selling counterfeit butane, fake STL tickets
8 arrested in Cebu for selling counterfeit butane, fake STL tickets.....»»
Best-selling Manga na ‘Parasyte’ may live-action series na sa April 5
MAGKAKAROON na ng live-action adaptation ang best-selling Manga na “Parasyte.” Ang kapanapanabik na intense battle sa pagitan ng parasites at humans ay masasaksihan sa titulong “Parasyte: The Grey” na nakatakdang ipalabas sa Netflix sa darating na April 5. At bilang teaser ng upcoming series, inilabas na ng streaming service ang official trailer at poster nito......»»
NFA mulls hike in selling price
The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»
Man arrested for ‘selling’ fake STL tickets
Man arrested for ‘selling’ fake STL tickets.....»»
Selling workbooks, booklets for Catch up Fridays prohibited — DepEd
The Department of Education (DepEd) stressed that it does not authorize the selling of workbooks and booklets for the "Catch Up Fridays" program......»»
DTI warns stiff penalties vs selling vapes to minors
DTI warns stiff penalties vs selling vapes to minors.....»»
Bloomberry open to selling Korean casino resort interests
Bloomberry [BLOOM 11.22 ?3.4%] [link] issued a clarification to a Biz Buzz article to say that it is “open to the possibility of selling its interest in Jeju Sun Hotel and Casino”, but that there is “no imminent deal with respect to [its] sale”......»»
Tricycle driver selling hand fans at the basilica arrested for illegal gambling
Tricycle driver selling hand fans at the basilica arrested for illegal gambling.....»»
Why Laufey is selling out her every show
Who is Laufey and why is she selling out her every show? The question I have been getting a lot these days is “do you know Laufey?” Then, it is followed by “Do you know how I can get tickets to her show?” because tickets online to Laufey are already sold out......»»
7 face raps for selling GCash accounts
Criminal charges were filed against seven people who were arrested for allegedly selling their GCash accounts in Quezon City, the National Bureau of Investigation said on Friday afternoon......»»
Ayala Corp. is interested in selling LRT-1 stake to Villar Group
Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp. to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»
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......»»
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling
World Down Syndrome Day: Big sister s journey with Down Syndrome sibling.....»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
Spring housing market heating up, but rising rates pose challenges for buyers
The housing market’s spring selling season is anticipated to be more robust this year as inventory continues to increase, a positive sign for buyers looking.....»»
PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»