The local stock market continued to rise as investors position for the new year amid rate cut expectations. The main index hiked 37.27 points or 0.56 percent to close at 6,680.45 with the Mining and Oil sector leading the advance. Volume amounted to 460 million shares worth P5.82 billion as...
House Speaker Martin Romualdez (Speaker’s office) Upbeat. That single word aptly describes Speaker Martin Romualdez after the Senate leaders' filing of Resolution of Both Houses (RBH) No.6, which calls for a Constituent Assembly (Con-Ass) for the...
Seeking to avert a constitutional crisis, Senate President Juan Miguel Zubiri said that the Senate, as tasked by President Marcos, will take the lead in reviewing the economic provisions of the 1987 Constitution. Senate President Juan Miguel "Migz" Zubiri personally filed Resolution of Both...
Senators have expressed dismay and concern over the widespread power outage that hit Panay Island, Aklan, Antique, Capiz, and Iloilo as well as Iloilo City, the regional capital of Western Visayas on Jan. 2. Ilonggo Residents leave their houses to seek refuge from a humid night on the second...
SAN JUAN, La Union – This town, dubbed the surfing capital of the North, has lifted an order limiting activities on its beaches due to bad weather. Mayor Arturo Valdriz issued Executive Order (EO) No. 24, Series of 2023, lifting EO No 23-2023 that closed the beach and suspended water activities,...
The local stock market is not seen to start strong on the first trading week of the new year as investors wait for fresh economic data that will hopefully serve as catalysts for a rally. “Investors may start 2024 still on a cautious note as there remains no catalyst for the local bourse....
Investors in the local stock market have reason to be guardedly optimistic about 2024 following a lackluster trading in 2023. “The expected improvement in macroeconomic indicators are poised to drive market conditions in 2024,” said Philippine Stock Exchange (PSE) President and CEO Ramon S....
SAN JUAN, La Union – The municipal government has limited surfing activities in this town dubbed as the surfing capital of the North due to bad weather and the death of a 12-year-old boy in a drowning incident on Tuesday, December 26. Mayor Arturo Valdriz issued amended Executive Order...
The local stock market returned to the 6,500 level as share prices rode on positive sentiment in the US bourses. The main index rose by 56.31 points or 0.87 percent to close at 6,519.11 as the Industrial sector led all counters in the advance. However, volume dropped to 385 million shares worth...
The Meralco Bolts suffered a heartbreaking 81-80 defeat at the hands of the visiting Seoul SK Knights in the East Asia Super League (EASL) on Wednesday night, Dec. 27, at the PhilSports Arena in Pasig City. Meralco Bolts’ Zach Lofton. (PBA Images) Jameel Warney, who saw action in all...
Juan Gomez de Liaño is thrilled to see action at home. The 24-year-old guard is back in the Philippines as the Seoul SK Knights play against the Meralco Bolts in the ongoing East Asia Super League (EASL) season tonight, Dec. 27, at the Philsports Arena in Pasig City. Juan Gomez de Liaño....
The local stock market is seen to benefit this short trading week from a combination of window-dressing and profit-taking as well as the carry over of positive sentiment from expectations of rate cuts next year. “The final three trading days of the year will see a mix of window dressing and...
