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NZ designates entirety of Hamas as terrorist entity
Prime Minister Christopher Luxon and Foreign Minister Winston Peters have announced today the designation of Hamas in its entirety as a terrorist entity. "The terrorist attacks by Hamas in October 2023 were brutal and we have unequivocally condemned them," Mr Luxon says. Following these attacks, then Prime Min.....»»
SM Prime rethinking 2024 SM REIT listing plans
Property developer SM Prime added to concerns that it might delay the IPO of its monster $1 billion REIT when one of its directors, Hans Sy, said that the company’s cashflow is “very strong”, and that while he’s “not ruling [an SM REIT IPO] out this year”, he doesn’t yet see a “purpose” to “immediately go into an IPO”......»»
Driver-bodyguard ng suspek sa pagkawala ni Catherine Camilon, sumuko na
SUMUKO na sa Balayan, Batangas Police Office ang driver at bodyguard ng prime suspect sa pagkawala ng beauty queen na si Catherine Camilon. Base na rin sa inilabas na ulat ng TV Patrol noong Martes, January 9, sumuko na sa mga pulis si Jeffrey Magpantay na driver at bodyguard ng prime suspect sa kaso na.....»»
MRC Allied moving into ICT industry with P75-M investment in Bitstar Prime
MRC Allied confirmed that its initial investment into Bitstar Prime Holdings will be P75 million......»»
Established, emerging filmmakers join first CinePanalo Film Festival
Among the film entries that will participate in the inaugural Puregold CinePanalo Film Festival this year are the works of established and emerging filmmakers in the country......»»
CinePanalo Film Festival announces film grant recipients
Puregold CinePanalo Film Festival officially introduced the recipients of its coveted film grants......»»
The Wallenberg whirlwind trip
It may have been a quick three-day trip to the Philippines of a member of Sweden’s richest business family, but Mr. Marcus Wallenberg, chairman of both SEB, a leading North European financial group with a current market value of $30.61 billion (approximately P1.7 trillion) as of March 2024, and Saab, a prominent Swedish defense and security company with a market value of $10.36 billion (roughly P580.18 billion) as of the same period, managed to pack in several key meetings on his second day......»»
Market ends 2-day slump, bounces above 6,800
The stock market ended a brief two-day bleeding as it made its way back to the 6,800 territory......»»
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......»»
Stock traders to keep track of inflation, earnings data
Investors will keep a close eye on the country’s inflation data and the release of more corporate earnings results this week to serve as catalysts for a potential climb back to the 7,000 mark......»»
Gin Kings brace for formidable Beermen frontline
Barangay Ginebra head coach Tim Cone underscored the “tough mountain to climb” as they face a frontline of reigning PBA MVP June Mar Fajardo and import Bennie Boatwright in the semifinals of the PBA Commissioner’s Cup......»»
Cavitex rises back to PBA 3x3 summit
Cavitex barely made the knockout rounds of Leg 6 in the PBA 3x3 Season 3 Third Conference after a stumbling 1-2 start in pool play. But such opening was all the Braves needed to drive their way back to the summit after a 12-leg drought......»»
Smooth Razors shave Pool C foes
Riding on Wendell Comboy’s fiery shooting, Blackwater upstaged two heavyweights to secure a quarterfinal seat in Leg 6 of the PBA 3x3 Season 3 Third Conference yesterday at Market! Market!.....»»
Alinsunurin delighted at rise of men’s volleyball as NU battles La Salle in Final Four
It has been a harder climb for Dante Alinsunurin and the National University Bulldogs as they sealed their place as the No. 2 seed in the UAAP men’s volleyball tournament Final Four on Saturday, surviving a tough DLSU Green Spikers squad in a five-set affair......»»
Lyceum s Dolorito, Arellano s Sinuto named NCAA volleyball week s best
Lyceum of the Philippines University and Arellano University are on a roll in the NCAA Season 99 volleyball tournaments, thanks to the heroics of two rising players as both squads extended their streaks to climb the ladder in the second week of play......»»
Powerball jackpot soars to a whopping $532M
The Powerball jackpot continues to climb, reaching an estimated $532 million after no tickets matched the winning numbers in the latest drawing on Saturday night......»»
T-bill rates climb ahead of BSP meet
The government upsized its sale of short-term securities yesterday to P17 billion, even after rates picked up ahead of the policy decision of the Bangko Sentral ng Pilipinas this week......»»
Davao floods, landslides: Affected families climb to 44,888
The number of families affected by floods and landslides in Davao due to heavy rainfall spawned by the shear line has ballooned to 44,888......»»
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......»»