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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

FACT CHECK | Self-proclaimed ‘Son of God’ Pastor Apollo Quiboloy indicted in the US in 2021, not 2018

MindaNews fact-checked the claim made by Pastor Apollo Quiboloy, founder of the Kingdom of Jesus Christ, The Name Above Every Name, that he and his lawyers have been waiting for the start of his trial for sex trafficking and other crimes in the United States (US), but that the courts have always postponed it since […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Bitcoin hits new all-time high

The leading cryptocurrency surged above the $72,000 mark on Monday Bitcoin, the world's highest-valued cryptocurrency, hit a new record on Monday as it surged above $72,000. The token soared to a fresh all-time high of $72,030, breaking the record set in November 2021 and bringing gains for the year so far to n.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

IOC denies Manny Pacquiao exemption to box at Olympics

(Photo credit: Stephen R. Sylvanie-USA TODAY Sports) The International Olympic Committee said former world champion boxer Manny Pacquiao cannot compete for the Philippines at this year's Olympic Games in Paris. Pacquiao, 45, retired in 2021 but sought to box for his country at the Olympics. The IOC's age limit for boxers is 40. The Philippines asked for an exception based on the "universality" entry rule, in which a nat.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

IOC denies Manny Pacquiao exemption to box at Olympics

(Photo credit: Stephen R. Sylvanie-USA TODAY Sports) The International Olympic Committee said former world champion boxer Manny Pacquiao cannot compete for the Philippines at this year's Olympic Games in Paris. Pacquiao, 45, retired in 2021 but sought to box for his country at the Olympics. The IOC's age limit for boxers is 40. The Philippines asked for an exception based on the "universality" entry rule, in which a nat.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Time to revitalize the transformative power of democracy

“Is this the end of the beginning or the beginning of the end?” This mind-boggling question lingered in my mind when I departed Myanmar in December 2021......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue

Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Netizens welcome shift to old school calendar

CEBU CITY – The Department of Education (DepEd) will gradually return to the old school calendar. For the school year 2024-2025, classes will begin on July 29, 2024, and end on May 16, 2025. The school year 2023-2024 will have its last day of classes on May 31, 2024. To recall, in 2021, the accustomed.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

China 'Pushes the Boundaries' with its expanding borders

Beijing [China], February 13 (ANI): In late 2021, Chairman Xi Jinping famously told President Joe Biden, "Aggression or hegemony is not in the blood of the Chinese nation. Since the founding of the people's republic, China has never started a single war or conflict, and has never taken one inch of land from other countries." However, such a claim is demonstrably false, as China recklessly pushes forward its boundaries on.....»»

Category: newsSource:  manilanewsRelated NewsFeb 13th, 2024

China 'Pushes the Boundaries' with its expanding borders

Beijing [China], February 13 (ANI): In late 2021, Chairman Xi Jinping famously told President Joe Biden, "Aggression or hegemony is not in the blood of the Chinese nation. Since the founding of the people's republic, China has never started a single war or conflict, and has never taken one inch of land from other countries." However, such a claim is demonstrably false, as China recklessly pushes forward its boundaries on.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024

Max Eigenmann scores intenational role in film shot in the UK

Since actress Max Eigenmann wrapped up the suspense-thriller, Raging Grace, in October 2021, still at the height of pandemic, she has watched the mystery-suspense eight times, the last being only last week.....»»

Category: entertainmentSource:  philstarRelated NewsJan 21st, 2024

Philippine s population projected to reach around 138.67 mln by 2055

MANILA, Feb. 1 (Xinhua) -- The Philippine population is projected to reach 138.67 million by 2055, assuming that the total fertility rate (TFR) of 1.9 children per woman in 2021 will be sustained until 2055, according to a Philippine Statistics Authority (PSA) study released Wednesday night. The statistics agency based its projections on the 2020 census-based national population using three TFR scenarios. Total.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Philippine s population projected to reach around 138.67 mln by 2055

MANILA, Feb. 1 (Xinhua) -- The Philippine population is projected to reach 138.67 million by 2055, assuming that the total fertility rate (TFR) of 1.9 children per woman in 2021 will be sustained until 2055, according to a Philippine Statistics Authority (PSA) study released Wednesday night. The statistics agency based its projections on the 2020 census-based national population using three TFR scenarios. Total.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024

Lee bucks shooting woes as Magnolia closes in on ending finals drought

Paul Lee bails Magnolia out with a clutch shot as the Hotshots move on the verge of their first PBA finals appearance since the 2021 Philippine Cup.....»»

Category: newsSource:  rapplerRelated NewsJan 26th, 2024

Siomai King naghari na naman bilang Franchise Hall of Famer 2024

NOONG nakaraang Enero 7, pinarangalan sa Asia Leaders’ Awards ang “Siomai King” bilang Franchising Hall of Famer of the Year. Ito ay karagdagang pagkilala at parangal sa “Siomai King” matapos magkakasunod na taong kinilalang “Franchising Company of the Year” noong 2020, 2021 at 2022. Iginawad ni Malaysian Ambassador to the Philippines H.E. Dato Abdul Malik.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

EDITORIAL - Animal cruelty

Killing dogs for their meat has been drastically reduced nationwide, and the country registered the highest ownership of pet dogs in Asia in 2021......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

‘Rust’ assistant director praises armorer, takes blame for shooting

The industry veteran testifies that film armorer Hannah Gutierrez was diligent in her work and he was ultimately to blame for the 2021 fatal shooting.....»»

Category: newsSource:  rapplerRelated NewsMar 1st, 2024

Grab Philippines commends Marcos, Romualdez on transpo reforms

During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Italy court clears man who tried to strangle sleeping wife

ROME—A court in Italy has acquitted a man who tried to strangle his wife while asleep, ruling that he was suffering from a sleep disorder, media reported on Thursday. His wife had to bite him to wake him and stop the attack, which happened in January 2021, the court in Brescia, in Italy’s northern Lombardy.....»»

Category: newsSource:  inquirerRelated NewsFeb 24th, 2024

REVIEW: Reconstructed History

Davao: Reconstructing History from Text and Memory, 2nd editionAuthor: Macario D. TiuResearch and Publication Office, Ateneo de Davao University, 2021, 571 pages Postcolonial feminist scholar Saidiya Hartman’s revelatory essay titled “Venus in Two Acts” (2008) probes the politics and limits of the archives: how they can distort and silence narratives of African girls in a […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024