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Quick look at the week ahead
We don’t have any big scheduled news or events coming directly from the PSE or any of its companies this week, but we do have the US Federal Reserve (the “Fed”) decision on US interest rates that we will learn about on Thursday morning......»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
A quick look at the week ahead
It’s another quiet week according to the PSE schedule......»»
Quick takes from around the market
JG Summit confirmed a report that it is interested in expanding its solar investments “outside of the conglomerate’s span” through its renewable energy subsidiary, Merbau Corp......»»
Quick takes from around the market
Alternergy board approved a plan to list its Series 1 and Series 2A preferred shares that are already issued and outstanding......»»
Quick final 4 entry in mind
The first part of the mission – getting win-once advantage in the playoffs – is done with......»»
Quick look at the week ahead
Another exceedingly quiet week ahead, with nothing of note on the Philippine or American market schedules, except that the American markets have Monday off to commemorate Martin Luther King Jr. Day......»»