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PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
PSEi back to 6,600 level on Wall Street gains
The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
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......»»
Russian car production surged in 2023 - data
The industry has rebounded after a sharp downturn in 2022 Russian factories produced more than 700,000 vehicles last year in what has been a rapid recovery from Western sanctions, Russian Deputy Prime Minister Denis Manturov announced on Monday. Car production in Russia rose by 16% in 2023, with ov.....»»
DepEd’s gradual shift to old school calendar gets support
CEBU CITY, Philippines — The Department of Education (DepEd) recently announced the gradual shift to the old school calendar. The current school year, 2023-2024, will end on May 31, 2024. Meanwhile, the start of the school year 2024-2025 will be July 29, 2024 and will end on May 16, 2025, according to Department Order No......»»
NEWS BRIEFS | 25 March 2024
Senate eyes probe of resorts within the slopes of Mt. Apo Following the controversy involving the establishment of a resort reportedly within the famed Chocolate Hills in Bohol province, Senator Raffy Tulfo, chair of the Senate Committees on Energy and Migrant Workers, is setting his sights on the resorts located on the slopes of Mt. […].....»»
DALI targets 950 stores by year-end
DALI Everyday Grocery plans to open at least 300 new branches in Luzon as it targets to expand its total stores to as much as 950 by the end of the year, a ranking executive said......»»
BSP: February inflation expected to settle within gov t target
The Bangko Sentral ng Pilipinas expects that the inflation rate for February 2024 in the country will fall within the range of 2.8% to 3.6%......»»
Illegal road works?: Alarm raised over road development within watershed areas in Barangay Carmen
A DAVAO City Councilor has raised concerns regarding road construction within the watershed areas of Barangay Carmen, Baguio District......»»
‘No reclamation allowed within Laguna de Bay’
Reclamation activities within Laguna de Bay have not been issued any permits or clearances, according to the Laguna Lake Development Authority yesterday after photos were taken showing the extent of ongoing reclamation in the lake......»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
Thousands of global leaders gathered in South Korea for building institutional peace
More than 1,800 people from 121 countries, including the United States, the Philippines, Ukraine, South Africa, Pakistan, Thailand, Romania, and India, attended the 9th Anniversary of the September 18th HWPL World Peace Summit held in Incheon, South Korea from September 18th to 21st......»»
Cebu City buy-bust: P278,800 shabu seized, 9 nabbed on Friday
CEBU CITY, Philippines – Nine men were arrested in separate buy-bust operations in Cebu City on Friday, March 1, while suspected shabu worth P278,000 were also seized. The two buy-bust operations were done by the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) in coordination with the Cebu City Police Office (CCPO). Law enforcers conducted the first.....»»
Stocks climb ahead of January inflation
The stock market started the week on a positive note as the main index stayed above the 6,700 level ahead of today’s January inflation report......»»
ADB lends P2.4 billion to iSON for buildup of telco towers
The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»
Index upside points to 7,000 level
The benchmark Philippine Stock Exchange index could retest the 6,700 resistance this week and break toward 7,000 in the near-term, analysts said......»»
Villar patriarch places 190 in Forbes Top 200 billionaires
Villar ranked 190 out of the 200 billionaires in the world in 2024 with a total net worth of $11.7 billion (P660,125,700,000) coming from $8 billion (P451,376,000,000) in 2023, according to Forbes magazine......»»
9 dead, 50 missing in Taiwan’s strongest earthquake in 25 years
TAIPEI — Taiwan’s biggest earthquake in at least 25 years killed nine people on Wednesday, injuring more than 800, while 50 went missing en route to a national park, authorities said, as rescuers used ladders to bring others to safety. Television broadcast images of buildings tilted at precarious angles in the mountainous, sparsely populated eastern.....»»