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PSEi surges with strong foreign buying ahead of Lunar New Year break
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) rose on Thursday due to strong foreign buying ahead of the long weekend. By the end of trading, the PSEi went up by 0.29 percent (20.12 points) to reach 6,850.16, while the broader All Shares index rose by 0.21 percent (7.45 points) to 3,574.21. There will be.....»»
Philippine stocks advance following Wall Street rally
Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
PSEi back to 6,600 level on Wall Street gains
The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»
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......»»
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......»»
Turkey conducts airstrikes in Iraq and Syria, demolishing bunkers, shelters, and oil facilities
Title: Turkey Launches Airstrikes in Iraq and Syria in Response to Attack on Military Base Date: [Insert Date] Byline: [Your Name] (Word count: 376) ISTANBUL.....»»
Duterte-Marcos bickering worries Rama
Duterte-Marcos bickering worries Rama.....»»
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......»»
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......»»
Retail Sales in US Fall Short of Expectations Following Previous Month’s Decline
US retail sales saw a slight increase of 0.6% in February, falling short of predictions and sparking worries about consumer spending strength. This uptick follows.....»»
Samal residents rally vs power woes
Electricity consumers in the Island Garden City of Samal in Davao del Norte province joined an interfaith prayer rally over the weekend to protest the continued power woes in their area......»»
Striking drivers, operators face financial woes
For single-unit operators like Chel Mallonga, 45, the impact of the government’s Public Utility Vehicle Modernization Program (PUVMP) would be drastic. Once consolidation pushes through, single-unit operators will no longer be granted franchises. The post Striking drivers, operators face financial woes appeared first on Bulatlat......»»
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»
Marcos Jr. wants holistic plan to solve Metro Manila traffic woes
With traffic gridlocks costing the economy billions of pesos, President Marcos has called for a “comprehensive” solution to the country’s traffic woes and has directed agencies to come up with work adjustment plans, National Economic and Development Authority Secretary Arsenio Balisacan said yesterday......»»
NEWS BRIEFS | 26 March 2024
P101-M sea wall to rise in Surigao Sur town A P101.3 million sea wall will be constructed in Marihatag, Surigao del Sur to protect lives and properties from storm surges there. Rep. Romeo Momo (1st District, Surigao del Sur) led the ground breaking of the Marihatag Seawall Project last Sunday, March 24. “The project is a […].....»»
Catch wall built in Brgy. Nabang to protect motorists
Samar First District Engineering Office has completed the construction of a concrete catch wall in Brgy. Nabang, Calbayog City, Samar with a total revised contract amount of P38.40 million funded under the General Appropriations Act (GAA) 2023......»»
BM Mylyn pushes for Moka Wall of Honor
BM Mylyn pushes for Moka Wall of Honor.....»»
Sinulog performer injured after LED wall collapses in CCSC
CEBU CITY, Philippines — A Sinulog performer was rushed to a hospital after a light-emitting diode (LED) wall collapsed while they were rehearsing for the Sinulog sa Kabataan sa Dakbayan at the Cebu City Sports Center (CCSC) on Thursday, January 11. The contingent from Brgy. Banilad, Cebu City was doing the group’s blocking on stage.....»»