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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......»»
Over 40 defective weighing scales seized in Carbon Market
CEBU CITY, Philippines — The Office of the City Markets (OCM) of the Cebu City Government has confiscated over 40 defective weighing scales in Carbon Public Market as of March 21. Led by Market Administrator Robert Barquilla, the operation, dubbed “Operation Timbangan,” aims to ensure accurate measurements for customers. Barquilla, with assistance from Task Force.....»»
Power reserve market starts full commercial operations
The Independent Electricity Market Operator of the Philippines commenced yesterday the full commercial operations of the reserve market, a development seen as a significant step forward for the energy sector......»»
Stocks retreat on hawkish Fed, BSP rate signals
Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»
Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»
Malaysia holds historic biz market footprint in city
CONSIDERING the business climate and unique geographic position of Davao City, the Malaysia External Trade Development Corporation (Matrade) under the trade promotion agency of the Ministry of Investment, Trade and Industry (MITI) has set a historic business market footprint in the city through the Market Immersion Mission, making Davao one of their smart cities in the country, alongside the Philippine’s capital region, Manila......»»
Nikon acquires Red Digital Cinema, enters professional video market
Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»
Cebu City College construction in Ramos Public Market starts
CEBU CITY, Philippines — The construction of the Cebu City College in Ramos Public Market is ongoing despite the continued operation of some vendors there. This was confirmed by Grace Arinaza, admin aide 3 of Ramos Public Market, via Sugboanon Channel’s program on Wednesday, Feb. 7. The construction of the Cebu City College was already.....»»
Celtics beats Pistons 129-102 for 8th straight win
Celtics beats Pistons 129-102 for 8th straight win.....»»
FEU reinforces UAAP boys’ football dynasty, topples UST for 12th straight crown
FEU-Diliman keeps a tight chokehold on UAAP boys' football supremacy, rolling over final match debutant UST for its 12th straight championship.....»»
Z’Nars Jewelry routs CRMC Mustangs for second straight win in Sinulog Cup 2024
Z’Nars Jewelry routs CRMC Mustangs for second straight win in Sinulog Cup 2024.....»»
DSWD introduces 3 schemes to distribute financial aid
LAPU-LAPU CITY, Cebu — To fast-track the distribution of financial assistance to social pension beneficiaries, the Department of Social Welfare and Development (DSWD) issued Memorandum Circular No. 17, introducing three delivery schemes. This includes cash advances of special disbursing officers (SDOs) of the agency, door-to-door delivery for beneficiaries in critical condition, and the transfer of.....»»
Security Bank advances sustainability journey to deliver meaningful stakeholder impact
Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»
Security Bank advances sustainability journey to deliver meaningful stakeholder impact
Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»
Canino, La Salle far from satisfied despite string of straight-set wins
La Salle coaches expect more from the Lady Spikers even after they crushed the UP Fighting Maroons for a third consecutive straight-set victory.....»»
Green Spikers edge Blue Eagles for 2nd straight win
The La Salle Green Spikers held on and broke a valiant stand by the Ateneo Blue Eagles in a five-set affair, 23-25, 25-17, 25-18, 21-25, 15-11, to win their second straight win in the UAAP men’s volleyball tournament Saturday afternoon at the Mall of Asia Arena in Pasay City......»»
FEU-Diliman shuts out UST for 12th straight UAAP juniors football crown
Far Eastern University-Diliman blanked finals debutant Santo Tomas with a 3-0 shutout and kicked its way to a 12th straight title in the UAAP Season 86 boys’ football championship late Thursday night at the UP Football Stadium......»»
Local aces lead Strong Group to 2nd straight win
Strong Group Athletics walloped Syria’s Al Wahda, 89-67, for its second straight win in the 33rd Dubai International Basketball Championship over the weekend at the Al Nasr Club......»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»