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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......»»
US: Human Rights Guide to 2024 Elections
(Washington, February 7, 2024) - Human Rights Watch on February 7, 2024, released "A Human Rights Guide to the 2024 US Elections: Vital Recommendations for Voters, Candidates, and Supporters of Democracy."This 15-page guide, aimed at the US congressional and presidential elections in 2024, addresses a wide range of domestic an.....»»
Moody’s: Philippines highly exposed to food security risks
Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»
Presyo Merkado: Current prices of food in Metro Cebu markets
Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»
‘Cheerleader-in-chief’ Marcos rewards Asian Para Games medalists
Cheerleader-in-chief......»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
Navigating Unsecured Debt Relief: A Comprehensive Guide
In the realm of financial management, unsecured debt stands out as a common challenge for many. Unlike secured debts, which are tied to assets like homes or cars, unsecured debts include credit card balances, personal loans, and medical bills. These can accumulate quickly, often overwhelming individuals. This article aims to explore debt relief options specifically […] The post Navigating Unsecured Debt Relief: A Comprehensive Guide appeared first on Kagay An......»»
Thin volume seen on short trading week
Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»
16 Asian countries discuss employing technology to implement innovative initiatives for regulating labour markets
DUBAI, 11th February, 2024 (WAM) -- Ministers of labour and human resources from 16 Asian countries sending and receiving workers discussed leveraging advanced technology for innovative initiatives aimed at resolving labor disputes and expediting verdicts. They also aimed to strengthen wage protection systems and facilitate skill mobility among participating countries. The focus was on improving labor market regulation.....»»
BPI eyes return to debt markets in 1st half
Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»
Delay in passage of anti-piracy bills hit
A citizens advocacy group has decried the delay in the passage of a law that would intensify the drive against online pirates who have been stealing from the Philippine creative industry, depriving workers of just rewards and exposing people to cyber threats......»»
Local hopes and global risks
In national development as in personal life, hopes and expectations at the start of a new year are also fraught with risks......»»
Dovish Powell lifts markets to historic highs
Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»
Tour guide dies after accidentally falling off cliff in Bataan
A local tourist guide in his late 30s fell off a cliff in Mariveles, Bataan last Thursday night, resulting in injuries and later on death......»»
A Quick Guide to Online Gambling and Financial Responsibility
With the rise of PAGCOR accredited online gambling platforms, many individuals are drawn to the allure of quick wins and entertainment. However, the world of online gambling will require extreme caution and financial responsibility to avoid potential pitfalls and safeguard one’s financial well-being. Understanding the Risks Online gambling can be enticing, but it comes with […].....»»
Sipalay unveils kite fest guide
Sipalay unveils kite fest guide.....»»
Quibranza: Quick street food guide for Sinulog 2024
Quibranza: Quick street food guide for Sinulog 2024.....»»
‘He may bring you happiness’: A beginner’s guide to Sonny Angels
Whether you're planning to start collecting or you've just begun to adopt your own Sonny Angels, here's a beginner's guide to the angel babies that have captured the hearts of people all around the world.....»»
Live Updates: The Daily Guardian – Stock Market Today
Title: Stock Futures Dip, Yet Disney and Arm Shine in After-Hours Trading: Tech Sector Leads S&P 500 Surge The Daily Guardian In a mixed trading.....»»
Roxas and Co went near-ceiling on solar farm speculation
Roxas and Company saw its shares shoot up 49% in yesterday’s trading session, prompting an inquiry from the Capital Markets Integrity Corp. (the market watchdog) for an explanation......»»