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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

Mixed movement at the pumps seen next week

Local oil companies are expected to implement a mixed movement in pump prices next week......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

Sports brand to donate P60 for every 10 minutes of movement

Sports apparel Adidas brought back its Move for the Planet where the brand will donate up to €1.5 million (P93.6 million) for every 10 minutes of movement......»»

Category: sportsSource:  philstarRelated NewsMay 17th, 2024

Yemen: Warring Parties Restrict Women s Movement

(Beirut) - Parties to the conflict in Yemen, including the Houthis, the Yemeni government, and the Southern Transitional Council (STC), are systematically violating women's right to freedom of movement, Human Rights Watch said today.The authorities are barring women from traveling between governorates, and in some cases from travel abroad, without a ma.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Senate remains watchful on movement of PI

SENATOR Sherwin "Win" Gatchalian revealed that the Senate remains on guard on the movement of the People’s Initiative (PI) after the Commission on Elections (Comelec) announced that it has indefinitely suspended the acceptance of signature sheets in connection with PI......»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

PRO-6 chief orders operatives to sustain drug campaign in W. Visayas

PRO-6 chief orders operatives to sustain drug campaign in W. Visayas.....»»

Category: newsSource:  sunstarRelated News21 hr. 18 min. ago

Market expected to sustain uptick

Investors will be on the lookout for positive catalysts this week in a bid to sustain the stock market’s climb last week......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Zambo health office sustain anti-dengue campaign

Zambo health office sustain anti-dengue campaign.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

Sports and medical tourism eyed to sustain Davao-Manado-Davao flights 

DAVAO CITY (MindaNews / 11 January) — Sports and medical tourism is the “low-hanging fruit” that can sustain the possible revival of the air connectivity between Davao City and Manado in Indonesia, a business leader said. Arturo Milan, co-chair of the Regional Development Council, told “Wednesdays Media Forum at the Habi at Kape,” that tourism could potentially […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Gasoline, diesel price hike seen next week

Mixed oil price movement is expected on Tuesday, April 23. .....»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Cameroon s 'MeToo Moment

Over the past ten days, the #MeToo movement has seen a resurgence in Cameroon as scores of women and men have taken to social media to report their experiences of sexual harassment, assault, and other abuses, all at the hands of the same alleged predator.On January 19, Cameroonian whistleblower @N'ZUI MANTO shared an anonymous account from a victim accusing well-known b.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Tourist arrivals seen to breach pre-COVID-19 levels

The country’s tourism sector is expected to sustain its recovery this year, with international arrivals hitting 8.21 million, effectively closing in to pre-COVID levels, according to a unit of Fitch Solutions......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

PH Inflation Expected to Range Between 3.5% to 4.3% in April: BSP

Bangko Sentral ng Pilipinas (BSP) announced on Tuesday that the inflation rate could be at 3.5% to 4.3%. BSP said in a Facebook post that this upward trend is caused by the increasing prices of essential goods and gasoline prices, as well as the depreciation of the peso. “The BSP projects April 2024 inflation to […].....»»

Category: newsSource:  metrocebuRelated NewsApr 30th, 2024

Pertussis cases still rising in Philippines– DOH

Pertussis cases are still on an upward trend after data showed more than 1,500 infections were recorded as of April 13, the Department of He.....»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

Oftana new 3-point King

TNT’s Calvin Oftana’s career is really on an upward trajectory. From PBA champion to Asian Games gold medalist, Oftana now owns the title PBA Three-point King......»»

Category: sportsSource:  philstarRelated NewsMar 24th, 2024

Pork belly retail price hits P420/kilo

The retail price of pork belly or liempo has reached as high as P420 per kilo amid the upward trend in its cost, according to data from the Department of Agriculture ......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Philippines slightly upgrades GDP growth to 6 pct in Q3

MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Q3 GDP growth revised upward to 6 percent

The Philippine economy posted a slightly faster growth rate in the third quarter of 2023 than initially reported, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Index to retest resistance level

Improving macroeconomic fundamentals gave the index much needed upward momentum last week......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024