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Philippine inflation rises to 3.4 pct in February
MANILA, March 5 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.4 percent in February from 2.8 percent in January, the first uptrend after a downtrend for four straight months, the Philippine Statistics Authority (PSA) said on Tuesday. The uptrend in the overall inflation in February was primarily influenced by the higher year-on-year increase in the heavily-weighted food and non-alcoholic bevera.....»»
PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
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......»»
Alarming Rise in Syphilis Cases in New Jersey Mirrors Disturbing National Trend, CDC Reports
Title: Syphilis Cases in New Jersey Skyrocket, Outpacing National Trend, CDC Warns In a recent health alert issued by the Centers for Disease Control and.....»»
Philippine inflation rate slightly quickens to 3.8 pct in April
MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»
Worker shortage, rising costs to slow healthcare growth
The expansion of the country’s healthcare industry may slow this year on rising costs and shortage of medical practitioners even as the demand for health services among Filipinos is on an uptrend......»»
Uptrend Continues as Dow and S& P 500 Reach New Highs: Live Updates
The S&P 500 reached another milestone on Friday, closing at a record high of 5,088.80, marking a slight increase of 0.03%. This stabilization in the.....»»
WHO appoints new Western Pacific regional director
MANILA, Jan. 23 (Xinhua) -- The World Health Organization (WHO) executive board on Tuesday confirmed the appointment of Saia Ma'u Piukala as the next WHO regional director for the Western Pacific region. The WHO regional office in Manila said Piukala's plan for his first 100 days in office includes visiting many of the 37 countries and areas in the region, engaging with governments and other stakeholders, listen.....»»
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......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
PSEi back to 6,600 level on Wall Street gains
The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»
Economic worries weigh down PSEi
Share prices continued to correct, finishing in negative territory anew yesterday on concerns over economic growth prospects here and in China......»»
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......»»
Antivenom supply: ‘Crucial regional hospitals’ must have them – Tulfo
MANILA, Philippines — Adequate supply of antivenom is a need in “crucial regional hospitals’ of the country. This is according to Senator Raffy Tulfo, who noted that the Philippines is mostly composed of agricultural and rural areas. Tulfo is referring to antivenom for snake bites, particularly Philippine cobras. In his privilege speech delivered on Monday’s.....»»
Mandaue boxing: All set for Labor Day WBO regional title bouts
CEBU CITY, Philippines— The double World Boxing Organization (WBO) regional title bouts of the “Engkwentro 13” fight card of the ARQ Boxing Stable and the Mandaue City government is all systems go on Labor Day, May 1, at the Mandaue City Sports Complex. This was after, its main protagonists in Ramil Macado, Lorenz Dumam-ag, Vic.....»»
Maguindanaons join regional SIAP political party
More than a thousand Moro and non-Moro residents in Maguindanao del Sur and Maguindanao del Norte on Thursday joined a regional partly trying to fix the economic woes in the Bangsamoro region by improving commerce and trade in its six provinces and three cities......»»
Philippines warns China of undermining regional peace in South China Sea, West Philippine Sea
Manila [Philippines], April 18 (ANI): Following the strong opposition from China over the recently held trilateral summit between Japan, US and the Philippines, Manila warned China for the excessive maritime claims and aggressive behaviour, including its militarization of reclaimed features, that are undermining regional peace and stability in the South China Sea and the West Philippine Sea. The Philippines Foreign Minist.....»»
Dumam-ag gears up for WBO regional title fight in Mandaue City
CEBU CITY, Philippines — Lorenz “Shotgun” Dumam-ag has been grinding himself in training for his Labor Day regional title duel against ARQ Boxing Stable’s Rami “Sharp” Macado at the Mandaue City Sports Complex. Dumam-ag and Macado’s bout puts the vacant World Boxing Organization (WBO) Oriental flyweight title at stake in the main event of the.....»»
Macado trains hard, thrilled for May 1 WBO regional title duel
CEBU CITY, Philippines — Unbeaten prospect Ramil “The Sharp” Macado isn’t leaving a single stone unturned in preparing for his May 1 regional title bout against Lorenz Dumam-ag in the main event of “Engkwentro 13” fight card at the Mandaue City Sports Complex. In an interview, Macado of the ARQ Boxing Stable revealed that he’s.....»»