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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

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......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

NBA: Warriors win against Magic despite Green ejection

The Golden State Warriors, fueled by 23 points from Andrew Wiggins and two late baskets by Stephen Curry, beat the Magic 101-93 in Orlando, despite the ejection of Draymond Green just 3 minutes 36 seconds into the contest. Curry was left shaking his head when Green was tossed, receiving two quick technical fouls for heatedly.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

Almost P1.2 trillion investments approved for green lane processing – BOI

Nearly P1.2 trillion worth of strategic investment projects have been approved for green lane processing since the approval of the executive order on the establishment of green lanes services, according to the Board of Investments......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Putin poised to rule Russia for 6 more years after an election with no other real choices

Putin poised to rule Russia for 6 more years after an election with no other real choices.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Putin poised to rule Russia for 6 more years after an election with no other real choices

Putin poised to rule Russia for 6 more years after an election with no other real choices.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Bacolod City s MassKara Festival poised for more global exposure

Bacolod City s MassKara Festival poised for more global exposure.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

PSEi forecast to touch 7,000

The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Green Spikers dispose of Maroons in UAAP men s volleyball

The La Salle Green Spikers booted the University of the Philippines out of Final Four contention in the UAAP Season 86 men's volleyball tournament after sweeping the Fighting Maroons, 25-20, 25-16, 25-14, Thursday at the Mall of Asia Arena in Pasay City......»»

Category: sportsSource:  philstarRelated NewsApr 4th, 2024

QCPD opens Metro’s first green camp

Accepting the challenge of the local government to play a major role in the protection of the environment, the Quezon City Police District became the first in Metro Manila to have a green camp......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Devotees urged to buy Santo Niño clothed in red, not green

CEBU CITY, Philippines — When buying images of the Sto. Niño, priests here urge the public to buy the image clad in red robe, not the one in green. Fr. John Ion Miranda, one of the priests in the Basilica Minore del Santo Niño, echoed this call in a news forum on Tuesday, Jan. 9......»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

EV players push ‘green traffic’ as NEDA readies tariff review

Electric vehicle industry players and clean air advocates are calling on the National Economic and Development Authority to lead the push to accelerate efforts to promote “green traffic” through the inclusion of e-motorcycles as part of those enjoying tax exemption as the agency starts its review of an executive order that modified the tariffs on EVs......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

UV Lancers shock La Salle in Sibugay cage wars 

CEBU CITY, Philippines— The UV Lancers took down the De La Salle University (DLSU) Green Archers, 83-79, in the ongoing  2nd Gov. Ann K. Hofer 23rd Araw ng Sibugay Invitational Basketball Tournament on Thursday evening. UV stunned the Green Archers in a showdown of reigning college champions at the packed Capitol Sports Complex in Zamboanga.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

PSEi falls, mirrors US equities

Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

PSEi back to 6,600 level on Wall Street gains

The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

UAAP men s volley: Green Spikers, Bulldogs continue to roll

The La Salle Green Spikers and the National University Bulldogs continued their hot streaks and made quick work of their respective opponents in the UAAP Season 86 men’s volleyball tournament Sunday at the Mall of Asia Arena in Pasay City......»»

Category: sportsSource:  philstarRelated NewsMar 10th, 2024