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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......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Cebu hits record high heat index of 39°C

Cebu hits record high heat index of 39°C.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

RLC s net income hits all-time high to P12.06B in 2023

RLC s net income hits all-time high to P12.06B in 2023.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

Inflation rises 3.4% in February, ending 4-month decline

The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Power rates down by P0.37/kWh for Feb-Mar billing

High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

Steph Curry, Warriors kinana 3rd straight win

RUMOLYO sa pangatlong dikit na panalo sina Steph Curry at ang Warriors. The post Steph Curry, Warriors kinana 3rd straight win first appeared on Abante......»»

Category: sportsSource:  abscbnRelated NewsApr 12th, 2024

Bulacan State University developers win 3rd iTHINK Hackathon of Isla Camp

Bulacan State University developers win 3rd iTHINK Hackathon of Isla Camp.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Naga City joins 3rd Nationwide Simultaneous Earthquake Drill

Naga City joins 3rd Nationwide Simultaneous Earthquake Drill Vox Bikol Fri, 08/24/2018 - 03:59.....»»

Category: entertainmentSource:  philstarRelated NewsApr 10th, 2024

Davao swimmer Ernie Gawilan secures 3rd Paralympics spot

Davao swimmer Ernie Gawilan secures 3rd Paralympics spot.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

4 ka LGUs sa 3rd district sa Sugbo kwalipikado isip first class municipalities

4 ka LGUs sa 3rd district sa Sugbo kwalipikado isip first class municipalities.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

PNP renews commitment to serve Filipino people as PH ranks 3rd safest Southeast Asian country

PNP renews commitment to serve Filipino people as PH ranks 3rd safest Southeast Asian country.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Araneta hopes to win title eliminator in 3rd attempt

Araneta hopes to win title eliminator in 3rd attempt.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Top 5 Spots in Lapu-Lapu to celebrate Valentine’s Day

For most people, Valentine’s Day is all about grand gestures of expressing love. On this special day, couples explore unique places to create a memorable Valentine’s Day experience with their loved ones. While the island of Mactan is known for its world-class beach destinations, the island offers other destinations perfect for couples. This Valentine’s Day,.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

Factory output rises to 5-month high in February

Manufacturing output in February picked up at its fastest pace in five months, driven by the performance of electronic, food and chemical products, according to the Philippine Statistics  Authority......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

Police: Beware of online ‘love scams’ this love month

CEBU CITY, Philippines – Authorities here are reminding the public to not be swayed by sweet words and fake promises and end up as victims of “love scams” especially this love month On the second day of the month of February, Police Lieutenant Colonel Janette Rafter, Deputy Director for Operations of the Cebu City Police.....»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 2024

FDI inflow registers 2-month high in January

The inflow of foreign direct investments soared by 89.9 percent to hit a two-month high in January, as easing inflation boosted investor confidence in the Philippines......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Comelec registration hits 1 million new voters in less than a month

The Commission on Elections (Comelec) said there are more than a million registration applicants, barely a month after the registration period started on Feb. 12. Comelec Chair George Erwin Garcia said on Saturday as of March 6, a total of 1,027,572 applications were processed nationwide in Comelec offices, satellite centers and “Register Anywhere Program” (RAP).....»»

Category: newsSource:  inquirerRelated NewsMar 10th, 2024