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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.....»»
Rhen Escaño hindi kering magpadagdag ng boobs: OK lang kahit flat
KAHIT ilang beses nang nabiktima ng body shamers sa social media, wala pa ring balak si Rhen Escaño na magparetoke. Palaging napapansin at naookray ang pagiging flat ng boobs ni Rhen pero sa kabila nito, hindi niya naiisip na sumailalim sa breast enhancement. Tandang-tanda pa namin ang “flat” comment ng isang basher sa dibdib ng.....»»
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......»»
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......»»
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......»»
SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t
SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»
Index closes flat on lack of market-moving news
The stock market opened the week with minimal gains as investors waited for catalysts......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
Stocks slip on profit-taking
The stock market fell for a second consecutive session yesterday as investors stayed mostly on the sidelines ahead of the release of the country’s gross domestic product......»»
Philippines to conduct matching event to help foreign investors
MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»
Philippines to conduct matching event to help foreign investors
MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»
How LGUs shoo away investors
While discussing how Charter change can attract investors, my Viber group colleagues wondered if problems with LGU corruption are a bigger turnoff to investors than Constitutional restrictions on foreign investments......»»
Why attract foreign investors?
Do we really need to revise our Constitution to attract foreign investors? It will help. We have provisions in our current Constitution that deliver the message that foreign investors are not welcome......»»
Info on cornerstone investors now required
The Securities and Exchange Commission (SEC) has laid down rules governing cornerstone investors in initial public offerings, requiring issuers to disclose the necessary information on their prospective investors......»»
Marcos urges forming of ‘harmonious society’ as Ramadan ends
President Ferdinand Marcos Jr. called on Filipino Muslims to forge a society full of “love, service and compassion" as the holy month of Ramadan ends. .....»»
Moalboal ends Barili’s winning streak
Moalboal ends Barili’s winning streak.....»»
Bank of Japan ends negative interest rate policy
Bank of Japan ends negative interest rate policy.....»»
Gremlinz ends drought, rules MCBL Season 9
Gremlinz ends drought, rules MCBL Season 9.....»»
Treñas daughter to run for congressional seat in 2025; ends alliance with Rep. Baronda
Treñas daughter to run for congressional seat in 2025; ends alliance with Rep. Baronda.....»»
Ejercito upbeat of PBBM s nod of NIR law before 2024 ends
Ejercito upbeat of PBBM s nod of NIR law before 2024 ends.....»»