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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: philstar philstarJan 15th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 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

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

China s Yuan enjoys top-5 finish at Valspar Championship, thinks he has found secret to success

China’s Carl Yuan thinks he may have unlocked the secret to finding more success on the PGA Tour after finishing tied fifth for his second top-10 of the season at the Valspar Championship......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Vehicle sales seen to reach 500,000 units this year

Vehicle sales in the country may hit 500,000 unit sales this year, driven by new models and production as well as better economic performance......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

DSWD: Beggars earn up to P1,500 daily

Beggars in Metro Manila are receiving P1,000 up to P1,500 daily from empathetic motorists, a Department of Social Welfare and Development official said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

MVP Group dominates 20th Philippine Quill Awards

It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Uptrend Continues as Dow and S& P 500 Reach New Highs: Live Updates

The S&P 500 reached another milestone on Friday, closing at a record high of 5,088.80, marking a slight increase of 0.03%. This stabilization in the.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 24th, 2024

Nike Announces Layoffs of Over 1,500 Employees in Comprehensive Restructuring

Nike, the renowned sportswear and apparel company, has announced plans to cut 2% of its workforce, which translates to over 1,500 jobs. This move is.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 16th, 2024

IFC investing $500 million to address Philippines development challenges

The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas

Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

SOMEONE ELSE’S WINDOWS: An all-women contest in 2028?

MALAYBALAY CITY (MindaNews / 21 February) – Despite being perceived as the Marcos administration’s likely bet in the 2028 presidential elections, this column thinks House Speaker Martin Romualdez, the President’s first cousin, would be ditched at the last minute. Aside from lacking in charisma, he has driven a long nail into his political coffin with […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

Bigger Metro Manila Film Festival for its 50th year

The annual summer Metro Manila Film Festival will be canceled this year to give way to a bigger, grander and much-awaited 50th anniversary of the MMFF this December......»»

Category: entertainmentSource:  philstarRelated NewsApr 7th, 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

Charter change could bring back dictatorship, intensify rights abuses — survivor

For Medy De Jesus, 74, a martial law survivor and member of human rights group Hustisya, the impending charter change could bring back another dictatorship and more human rights violations. The post Charter change could bring back dictatorship, intensify rights abuses — survivor appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

Charter change could worsen destructive mining impact

By DOMINIC GUTOMAN AND ZYSA MEI ELLORAN Bulatlat.com MANILA – For environmental defenders, the government’s push for charter change (cha-cha) could worsen the already dire impacts of destructive mining corporations on vulnerable communities. The Kalipunan ng Katutubong Mamamayan ng Pilipinas (Katribu) and Youth Advocates for Climate Action Philippines (YACAP) held a protest in front of… The post Charter change could worsen destructive mining impact appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 11th, 2024

500 MPUV drivers fear income loss after CBRT package 1 s completion

500 MPUV drivers fear income loss after CBRT package 1 s completion.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

500-kilo bangus harvested from aquaculture project

500-kilo bangus harvested from aquaculture project.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024

1$:56.500

1$:56.500.....»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

Over 500 PUVs pass roadworthiness check, 39 fail

Over 500 PUVs pass roadworthiness check, 39 fail.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024