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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......»»
PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
EDITORIAL - Red carpet, not red tape
The economic team faces a challenging task: replace red tape with a red carpet for investments......»»
Market ends week in negative territory
Local stocks fell yesterday to close the week in the red as investors decided to take profits at the last minute......»»
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......»»
Market ends week with losses
Stocks fell anew yesterday as last-minute selling pulled down the market in the red......»»
Red Boosters claim third place in EASL Final Four
CEBU CITY, Philippines — The Jung Kwan Jang Red Boosters of Korea claimed the third place honors of the East Asia Super League (EASL) Final Four after a thrilling Battle-for-Third, 78-76, against the New Taipei Kings of Taiwan on Sunday, March 10, at the Hoops Dome in Lapu-Lapu City. The Red Boosters banked on the.....»»
Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew
Bulatlat condemns the latest red-tagging of Albay-based journalist Reynard Magtoto who wrote an in-depth report about the lies and deceptive activities of the National Task Force to End the Local Communist Armed Conflict (NTF-ELCAC) in the region. The post Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew appeared first on Bulatlat......»»
Remulla confirms Teves on Interpol red notice, target of global manhunt
MANILA, Philippines – Former Negros Oriental Rep. Arnolfo “Arnie” Teves Jr. is currently the target of an international manhunt following his inclusion in the red notice system of the International Criminal Police Organization (INTERPOL), Justice Secretary Jesus Crispin Remulla confirmed on Wednesday. Remulla said that Teves is already included in Interpol’s Red Notice System. An.....»»
DOJ lied to UN expert on red-tagging—Karapatan, NUJP
“We are aghast when the DOJ said that it has sufficient mechanisms to address red-tagging. What are they talking about? Either these are nowhere to be found, or if these mechanisms indeed exist, are rendered useless for victims of rights violations." The post DOJ lied to UN expert on red-tagging—Karapatan, NUJP appeared first on Bulatlat......»»
STATEMENT | On USec. Paul Gutierrez’s Red-tagging of Journalist Frenchie Mae Cumpio
This is exactly what we mean by red-tagging: a senior government official linking civilians to alleged communist groups without proof. May we remind Mr. Gutierrez that Ms. Cumpio is contesting the charges filed against her in court and has yet to be convicted. There is absolutely no point for anyone, more so a high government official, to forget that “everyone is innocent until proven in a court of law.” The post STATEMENT | On USec. Paul Gutierrez’s Red-tagging of Journalist Frenchie Mae Cumpio appeared first on Bulatlat......»»
Sweeten Every Celebration: Elevate Special Moments with Red Ribbon’s Round Dedication Cake
2024 has just arrived, which means it’s time for another year of creating new memories. Whether for big or small occasions, make them memorable with Red Ribbon’s ALL-NEW Round Dedication Cakes as delicious and special-looking centerpieces that everyone can enjoy. The new Red Ribbon Round Dedication Cakes feature classier, more elegant round designs suitable for […].....»»
President Marcos: Replace red tape with red carpet
Following a revamp of his economic team, President Marcos has renewed his commitment to cut red tape and make it easier for businesses to operate in the country......»»
6 coastal areas in Visayas, Mindanao test positive for red tide
MANILA, Philippines — Six coastal areas in the country have tested positive for red tide, the Bureau of Fisheries and Aquatic Resources (BFAR) said. BFAR said in its advisory on Friday, April 12, that the affected areas in Visayas and Mindanao listed below had paralytic shellfish poison or toxic red tide above the regulatory limit:.....»»
Sinner ends 10-time champion Novak Djokovic’s Australian Open streak, faces Medvedev for the title
Sinner ends 10-time champion Novak Djokovic’s Australian Open streak, faces Medvedev for the title.....»»
Marcos urges forming of ‘harmonious society’ as Ramadan ends
President Ferdinand Marcos Jr. called on Filipino Muslims to forge a society full of “love, service and compassion" as the holy month of Ramadan ends. .....»»
Moalboal ends Barili’s winning streak
Moalboal ends Barili’s winning streak.....»»
Bank of Japan ends negative interest rate policy
Bank of Japan ends negative interest rate policy.....»»
Gremlinz ends drought, rules MCBL Season 9
Gremlinz ends drought, rules MCBL Season 9.....»»