After a few days of small gains, the local stock market fell below the 6,200 level again as recent releases of economic data renewed concern over US interest rates and the health of major economies. The main index dropped 58.62 points or 0.94 percent to close at 6,183.07 with Conglomerates...
The Senate on Wednesday, September 6 convened the select oversight hearing on the confidential and intelligence funds (CIF), programs and activities in a bid to address questions and criticisms regarding the huge amount of CIF allocations given to key government agencies under the proposed...
Senate President Juan Miguel “Migz” Zubiri has sought the participation of GCash, PayMaya and other “e-wallet” providers to the Senate’s ongoing investigation into the proliferation of text scams and other cybercrime activities despite the enactment of the SIM Registration Act. Sen....
Senate President Juan Miguel F. Zubiri expressed the need to come up with a special law against road rage after the gun-toting incident that occurred in Quezon City involving a cyclist and a former policeman. Former policeman Wilfredo Gonzales, who was involved in a gun-toting incident in Quezon...
The San Juan City local government on Tuesday, Sept. 5, inspected the prices of rice being sold in Agora Market as part of its efforts in ensuring the strict compliance of rice sellers and retailers with the national government's rice price ceiling order. Department of Agriculture (DA) Senior...
The local stock market ended higher ahead of the Philippine inflation report for the month of August while the US jobs data released last Friday also boosted regional bourses. The main index added 33.62 points or 0.54 percent to close at 6,214.68 as the Property sector led the advance while...
Stock market investors will be looking to the Philippines’ inflation numbers for August for cues while also monitoring US and Chinese economies for additional motivation. China Bank Capital Corporation Managing Director Juan Paolo Colet said, “this week’s market direction will be shaped by...
The local stock market plunged as investors took profits on the last day of the month of August amid continuing worries about the economies of the US, China, and the Philippines. The main index fell 120.04 points or 1.91 percent to close at 6,175.25 as the Property counter plummeted while...
Senator Francis "Chiz" Escudero said the Bureau of Immigration (BI) should be made to pay for the travel expenses of the passengers who were offloaded from their flights due to prolonged interrogation by immigration officers. Escudero said that there were more than 32,000 passengers who missed...
Senate President Juan Miguel "Migz" Zubiri on Thursday, August 31 vowed to expedite the passage into law of the proposed Philippine Maritime Zones Act in a bid to quell any attempts by China to expand and include the country's maritime territories as part of its own. The “standard map”...
The San Juan City local government commemorated on Wednesday, Aug. 30, the 127th Araw ng Pinaglabanan or the Battle of San Juan del Monte, which is considered as the very first major battle of the Philippine Revolution which sought the country's independence from Spain. (Photo from Mayor Francis...
The local stock market recovered more ground as encouraging economic news spurred investors to pick up bargains. The main index rose by 70.29 points or 1.13 percent to close at 6,295.29 with Conglomerates leading the charge. Volume dipped to 672 million shares worth P3.97 billion as gainers...
