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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.....»»
Police: No truth to bomb threat at PI’s prayer rally
The Davao City Police Office (DCPO) has debunked a text message claiming a bomb threat at the People's Initiative (PI) “Unity for One Nation, One Prayer” rally in San Pedro Square. The message warned of possible explosions at Rizal Park, one of the rally venues. Despite the lack of credible threats, the police urged vigilance and cooperation from the public for safety. Approximately 300 police personnel were deployed to secure various rally points, with additional support from volunteers and security clusters. Task Force Davao also activated a high alert status as part of the city's security measures. Captain John Louie Dema-ala confirmed that the circulating threat was unfounded and aimed at intimidating rallyists. Despite this, nearly 17,000 Dabawenyos joined the rally to oppose the proposed Charter change (Cha-cha) movement. The police and security forces remain vigilant and are conducting ongoing investigations into the social media threat......»»
Philippine stocks advance following Wall Street rally
Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street......»»
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......»»
PSEi back to 6,600 level on Wall Street gains
The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»
The Daily Guardian: S& P 500 slips to start the week as Wall Street takes a breather from record highs
The stock market saw a slight dip on Monday as major indexes retreated from record highs reached last week. The S&P 500 closed at 5,069.53,.....»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
Market dips as traders tracked Wall St losses
Local shares went back in the red yesterday following a tepid lead from Wall Street as traders prepare for the release of key US inflation data and start of earnings season......»»
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......»»
Edsa People Power Revolution: Prayer rally planned in Cebu
CEBU CITY, Philippines — A prayer rally is set to happen in Cebu on Sunday, Feb. 25, to commemorate the Edsa People Power Revolution. Officials of the Cebu Coalition for Transparency, Accountability, Peace, and Security (TAPS), the lead convenor of the prayer rally, said that the gathering will be held at the Kasadya sa SRP.....»»
Radyo5, Rappler spotlight public funds used in Bagong Pilipinas rally
CHEERS TO Radyo5 and Rappler for calling the people's attention to the exorbitant cost of holding President Ferdinand Marcos Jr.'s rally on Sunday, Jan. 28, 2024.Dubbed Bagong Pilipinas (New Philippines,) the rally was described by the state-run Philippine Information.....»»
Radyo5, Rappler spotlight public funds used in Bagong Pilipinas rally
CHEERS TO Radyo5 and Rappler for calling the people's attention to the exorbitant cost of holding President Ferdinand Marcos Jr.'s rally on Sunday, Jan. 28, 2024.Dubbed Bagong Pilipinas (New Philippines,) the rally was described by the state-run Philippine Information.....»»
Ronnie Liang walang TF sa ‘Bagong Pilipinas’ rally: Para po sa bayan!
MATAPANG na lumantad ang actor-singer na si Ronnie Liang para sagutin ang nga isyu tungkol sa pagsali niya sa “Bagong Pilipinas” kickoff rally. Naganap ang nasabing political event sa Quirino Grandstand nitong magdaang Linggo, January 28, sa pangunguna ni Pangulong Bongbong Marcos, Jr.. Bukod kay Ronnie, dumalo rin sa “Bagong Pilipinas” kickoff rally para mag-perform.....»»
Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand kick-off rally
MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday urged all government workers to work towards a “Bagong Pilipinas” (New Philippines) and deliver “responsive, efficient” service during the kick-off rally for his governance brand at Quirino Grandstand in Manila. Bongbong Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand rally He also encouraged Filipinos.....»»
NEWS BRIEFS | 26 March 2024
P101-M sea wall to rise in Surigao Sur town A P101.3 million sea wall will be constructed in Marihatag, Surigao del Sur to protect lives and properties from storm surges there. Rep. Romeo Momo (1st District, Surigao del Sur) led the ground breaking of the Marihatag Seawall Project last Sunday, March 24. “The project is a […].....»»
Catch wall built in Brgy. Nabang to protect motorists
Samar First District Engineering Office has completed the construction of a concrete catch wall in Brgy. Nabang, Calbayog City, Samar with a total revised contract amount of P38.40 million funded under the General Appropriations Act (GAA) 2023......»»
BM Mylyn pushes for Moka Wall of Honor
BM Mylyn pushes for Moka Wall of Honor.....»»
Sinulog performer injured after LED wall collapses in CCSC
CEBU CITY, Philippines — A Sinulog performer was rushed to a hospital after a light-emitting diode (LED) wall collapsed while they were rehearsing for the Sinulog sa Kabataan sa Dakbayan at the Cebu City Sports Center (CCSC) on Thursday, January 11. The contingent from Brgy. Banilad, Cebu City was doing the group’s blocking on stage.....»»
Stocks rebound as Wall Street bounces back
Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»
Tireless at 63, Randy Santiago dances, jumps, gyrates and sings onstage non-stop
Just when he turned 63 (in November last year), singer-TV host Randy Santiago stopped singing his hit ballad, Hindi Magbabago, and resorted to all upbeat numbers with his guest artists in “EyeCon,” his latest live concert last weekend held at the PICC Plenary Hall......»»