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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......»»
WATCH: Palawan s hidden gem Pamuayan Falls
Pamuayan Falls, also called Pawpawyan Falls, is a beautiful little waterfall located 5.6 kilometers northeast from the coastal town of Port Barton in San Vicente, Palawan......»»
PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
Debt payments decline to P294 billion in February
The Marcos administration reduced its debt service to P294 billion in February amid the decline in the payment for the loan principal borrowed by the government......»»
Drug supply in Visayas to decline after P9.68B ‘shabu’ haul in Batangas
CEBU CITY, Philippines – The drug supply in Visayas region is expected to drop dramatically following the seizure of P9.68 billion worth of shabu in a Batangas port. The Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) said it is anticipating the decline since the seized contraband is expected to be distributed to the southern.....»»
Inflation rises 3.4% in February, ending 4-month decline
The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»
Alcover pushes for agricultural scholarships amid student decline
Alcover pushes for agricultural scholarships amid student decline.....»»
DA moving to prevent decline in onion farmgate price
Efforts are now being done to prevent the further decline in the farmgate price of onions as farmers are forced to sell their produce at about P20 per kilo, Department of Agriculture spokesman Arnel De Mesa said......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
Daily Guardian: Delta Airlines (NYSE:DAL) Shares Decline Following Revised FY24 Forecast
Delta Airlines (NYSE:DAL) experienced a decline in pre-market trading as it reported its Q4 and FY23 results, causing concerns among investors. The airline’s FY24 earnings.....»»
GMA Network profit falls to P3.2 billion in 2023
Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»
Tumalog Falls gisirad-an
Tumalog Falls gisirad-an.....»»
Negros Oriental’s most wanted falls at NAIA
Negros Oriental’s most wanted falls at NAIA.....»»
Korean national falls to death from hotel in Barangay Mactan
Korean national falls to death from hotel in Barangay Mactan.....»»
Taylor Swift ibinunyag ang ‘secret’ project, may extra 15 songs ang album
ANG bongga ng sorpresa ng international pop star na si Taylor Swift para sa kanyang fans! Dalawang oras makalipas ang pag-release ng kanyang bagong album, may nilabas agad siyang dagdag na 15 tracks. Kaloka ‘diba, hindi paisa-isa ang additional or bonus songs ni Tay Tay, kundi 15! Dahil diyan, naging dalawa ang bagong album ng.....»»
Tyla naglabas ng debut album matapos mag-viral ang kantang ‘Water’
FINALLY! Nagkaroon na ng bonggang album ang award-winning pop-R&B superstar na si Tyla! Magugunita na unang sumikat ang South African singer dahil sa hit song niyang “Water.” Ang debut album ng superstar ay hango mismo sa kanyang pangalan –”TYLA.” May laman itong 15 tracks at kabilang riyan ang ilang collaboration song kasama ang ilang sikat.....»»
Mathematics tour recap: Ed Sheeran sends ‘shivers’ rippling through Manila
In his two-and-a-half hour concert brought by Ovation Productions, Sheeran thrilled the audience with chart-topping tunes from his math-themed albums "+", "×", "÷", "-", and "=", including collab tracks, spanning genres including rock, hip-hop, pop and ballads......»»
Nick Jonas, Joe Jonas sing Jealous, Cake By The Ocean at Manila 2024 concert
The Jonas Brothers rolled back the years by performing their best tracks during their Manila comeback at the Mall of Asia Arena......»»
WATCH: Jonas Brothers perform Camp Rock songs at Manila 2024 concert
Fans of the Jonas Brothers got a real treat after the band performed several tracks from the "Camp Rock" films during their recent concert in Manila......»»