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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.....»»
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......»»
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 falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
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......»»
Caap-Davao tracks down Quiboloy’s helicopter
THE Civil Aviation Authority of the Philippines-Davao Region (CAAP-Davao) confirmed through their live flight tracker that Pastor Apollo Quiboloy's personal helicopter flew last May 4, 2024, for a short hour within the Davao Region......»»
WATCH: Niall Horan sings One Direction s Night Changes
Filipino Directioners couldn't help themselves after Irish singer and former One Direction member Niall Horan sang one of the group's hit tracks "Night Changes" during his recent Manila concert......»»
PAGASA: Up to two cyclones likely in Philippines this May
The weather agency forecasts two possible cyclone tracks......»»
Trisha Denise ‘humbled’ to be writing songs for big names in the music industry
Kapamilya singer-songwriter Trisha Denise was able to incorporate her K-pop and K-drama fandom not only into the tracks in her EP, but also into her social media content......»»
Taylor Swift ibinunyag ang ‘secret’ project, may extra 15 songs ang album
ANG bongga ng sorpresa ng international pop star na si Taylor Swift para sa kanyang fans! Dalawang oras makalipas ang pag-release ng kanyang bagong album, may nilabas agad siyang dagdag na 15 tracks. Kaloka ‘diba, hindi paisa-isa ang additional or bonus songs ni Tay Tay, kundi 15! Dahil diyan, naging dalawa ang bagong album ng.....»»
Tyla naglabas ng debut album matapos mag-viral ang kantang ‘Water’
FINALLY! Nagkaroon na ng bonggang album ang award-winning pop-R&B superstar na si Tyla! Magugunita na unang sumikat ang South African singer dahil sa hit song niyang “Water.” Ang debut album ng superstar ay hango mismo sa kanyang pangalan –”TYLA.” May laman itong 15 tracks at kabilang riyan ang ilang collaboration song kasama ang ilang sikat.....»»
Mathematics tour recap: Ed Sheeran sends ‘shivers’ rippling through Manila
In his two-and-a-half hour concert brought by Ovation Productions, Sheeran thrilled the audience with chart-topping tunes from his math-themed albums "+", "×", "÷", "-", and "=", including collab tracks, spanning genres including rock, hip-hop, pop and ballads......»»