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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......»»
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......»»
Netanyahu snaps back at growing US criticism
Netanyahu snaps back at growing US criticism.....»»
Jazz rally past Lakers 132-123, extending winning streak to 5
Jazz rally past Lakers 132-123, extending winning streak to 5.....»»
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......»»
Paradero snaps losing skid with 4th round K.O win in Masbate
CEBU CITY, Philippines — Former world title challenger Robert “Super Inggo” Paradero finally tasted victory after four years of not winning a single fight after he knocked out Charlie Malupangue in the main event of “Bakbakan sa Masbate” boxing series’s maiden fight card on Saturday, April 20, at the Cataingan Sports Center in Cataingan, Masbate......»»
Market in the red for second day
The stock market yesterday extended its losing streak for a second straight day as investors wait for direction on how domestic and global inflation will tread for the rest of the year......»»
Stocks snap 6-day win streak
The stock market snapped its six-day winning streak yesterday as investors opted to pocket gains......»»
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.....»»
PCSO losing P.5 million a day due to canceled lotto tickets
MANILA, Philippines — The Philippine Charity Sweepstakes Office (PCSO) reported on Thursday that the agency is losing approximately half a million daily due to canceled lotto tickets. During the hearing of the Senate committee on ways and means led by Senator Raffy Tulfo, Philippine Online Lotto Agents Association President Evelyn Javier said that agents have.....»»
Charter Day, Prayer Rally: Cebu City police on full alert
CEBU CITY, Philippines – The Cebu City Police Office (CCPO) is now on full alert status for the Charter Day celebration and Anti-Charter Change Prayer Rally this weekend, February 24-25, 2024. Police Lieutenant Colonel Janette Rafter, CCPO spokesperson, relayed that the full alert status has been enforced starting Friday morning, February 23. According to Rafter,.....»»
Stocks snap 3-day rally as investors take profits
Local stocks took a breather yesterday, ending a three-day rally as investors cashed in on the market’s recent gains......»»
Market extends winning streak
Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day......»»
Our 4th angel : Heart Evangelista reveals losing baby boy Francis
Actress-model Heart Evangelista shared a heartbreaking news on Mother's Day about losing her fourth child, a baby boy. .....»»
House leaders: Senate ‘losing integrity’ over PDEA leaks probe
House leaders warned the Senate on Wednesday that it is “losing its integrity” by continuing to investigate an unverified document linking the president to illegal drug use – words that reflect the lower chamber’s suspicions that a full-blown destabilization plot against the Marcos administration is underway......»»
Losing NAIA bidders concede, vow to support airport upgrade
The losing bidders for the 15-year contract to rehabilitate the Ninoy Aquino International Airport have committed to support the modernization of the airport, which the Marcos administration awarded to a consortium led by diversified conglomerate San Miguel Corp. Transportation Secretary Jaime Bautista told The STAR over the weekend......»»