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Quick look at the week ahead
Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). I.....»»
Holy Week 2024: Testimonies of conversion, healing echo at Tabor Hill
CEBU CITY, Philippines – In the serene hills of Talamban in Cebu City, devout Catholics gathered at OAD Tabor Hill to partake in the timeless traditions of Holy Week 2024. These practices have become integral in their lives as they hold deeply engraved meaning for their faith and personal devotion. READ: Holy Week 2024: Tabor.....»»
Palm Sunday marks the start of Holy Week
Palm Sunday marks the start of Holy Week, which is the last week of the 40-day Lenten season......»»
Millers buck sugar import proposal
There is no need for sugar importation since the country has ample stocks of sweetener to tide it over during the off-milling season, according to the Philippine Sugar Millers Association......»»
Positive foreign, local news buoy stocks
The stock market bounced back on positive cues abroad coupled with expectations on earlier interest rate cuts......»»
Ombudsman lifts suspension on 72 NFA warehouse supervisors
The Office of the Ombudsman has lifted the suspension of 72 out of 139 officials and employees of the National Food Authority implicated in the alleged anomalous sale of government rice buffer stocks to private traders......»»
Agriculture chief exempts bonito from import ban
Agriculture Secretary Francisco Tiu Laurel Jr. has allowed canners to import frozen bonito more than two weeks after he ordered a temporary import suspension of the fish, following reports that imported fish stocks are diverted to the wet markets......»»
Fish import suspension bodes well for aquaculture
The suspension of the importation of certain pelagic fishes to avert diversion of stocks to wet markets would allow the local aquaculture industry to grow, fish cage operators said......»»
PVL leaderboard crowded at the top
Petro Gazz and Chery Tiggo took care of business as they caught up with Creamline and Choco Mucho at the helm and boosted their semifinal stocks in the Premier Volleyball League All-Filipino Conference at the Sta. Rosa Sports Complex in Laguna......»»
European markets plunge on new virus strain
European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»
‘Traders divert imported fish to evade VAT’
Unscrupulous fish importers are diverting frozen stocks of round scad (galunggong), bonito (tulingan) and mackerel (alumahan) to the wet markets to evade paying value added tax (VAT), the Department of Agriculture said yesterday......»»
Market sizzles after Lenten break
Local stocks were off to a sizzling start following a long break as investors took cues from positive economic developments abroad......»»
Daily Guardian: Asian Stocks Rise Before Key US Inflation Data
Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»
Stocks eke out gains, back at 6,900
The stock market eked out gains to move back up to the 6,900 level as investors continued to hunt for bargains......»»
Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Sharon Cuneta has a warning about stock market investing
When investing in stocks, Cuneta has several pointers based on her experience......»»
Rice inventory drops to 17-month low
The country’s rice stocks in February fell to their lowest level in more than a year despite higher imports recorded at the start of the year......»»
Stocks retreat on hawkish Fed, BSP rate signals
Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»
Ombudsman suspends NFA execs amid cheap rice sale probe
Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»
No sugar MAV this year – SRA
The government did not allow the importation of sugar at a lower tariff rate in the current minimum access volume (MAV) year since the country has ample stocks to meet domestic consumption, the Sugar Regulatory Administration said......»»