The local stock market rose for the second day as investors continued to pick up bargains amid positive remittance data. The main index was up 92.54 points or 1.42 percent to close at 6,594.66 as Holding Firms led the advance while the Services counter was the only one that retreated. Volume dipped...
Learn about the 52100 advocacy The Philippine Heart Association reported an alarming 37 percent increase in the prevalence of hypertension among Filipinos in 2021. The highest recorded since 1992. High blood pressure was more prevalent among the male population (52 percent) compared to women (48...
The medal hopes for the Philippine women’s volleyball team took a huge hit after suffering a 25-23, 21-25, 25-15, 25-20 defeat at the hands of Indonesia in the 31st Southeast Asian Games at the Quang Ninh Gymnasium in Vietnam on Tuesday, May 17. Alyssa Valdez and Jaja Santiago carried the fight...
PCCI President, George Barcelon. The Philippine Chamber of Commerce and Industry (PCCI), the largest business organization in the country, has expressed its full support to the incoming administration led by president-elect, Ferdinand Marcos,Jr. and vice president-elect, Sara Duterte. PCCI...
How did candidates use the Covid pandemic in their discussions? CLINICAL MATTERS With an apparent landslide victory for former Senator Bongbong Marcos for president, the post-mortems have begun. One of the most important issues during the campaign was the pandemic and whether the Philippines did...
The Filipino keglers were off to a hot start in the 31st Southeast Asian Games as Alexis Sy captured the silver medal in women’s single category in bowling at the Royal City Hanoi Bowling Lanes on Monday, May 16. Photo from PSC Sy, who sat outside the top 3 in round 5, fired 232 in the final...
The local stock market bounced from its five-day losing streak on the back of gains in US bourses. The main index jumped 122.95 points or 1.93 percent to close at 6,502.12 with the Property sector registering the biggest gain as all counters advanced. A total of 678 million shares worth P8.06...
The Philippine Coast Guard (PCG) deployed on Monday, May 16, its newly acquired multi-role response vessel, BRP Teresa Magbanua (MRRV-9701), for its first-ever mission – a marine pollution exercise in Indonesia. The Philippine Coast Guard deploys BRP Teresa Magbanua (MRRV)-9701) on May 16, 2022...
The Philippine Stock Exchange, Inc. (PSE) has approved the initial public offering of VistaREIT, Inc., the real estate investment trust of the Villar group, worth up to P9.18 billion to be conducted from May 30 to June 3, 2022. In a statement, the bourse said VistaREIT The company is expected to...
The Philippine Stock Exchange has approved the planned initial public offering (IPO) of renewable energy producer Raslag Corporation worth up to P700 million. The solar power company will offer up to 350 million primary shares and up to 52.50 million over-allotment option shares at a price of up to...
Real estate giant Ayala Land, Inc. (ALI) has listed its P12-billion fixed-rate bonds due 2028 on the Philippine Dealing & Exchange Corp. (PDEx) after the offering was oversubscribed five times with orders amounting to P60 billion. This 6-year bond is the biggest bond issuance of ALI in the past...
This week, the stock market may see some bargain hunting after suffering a steep fall in the last five trading days although uncertainties remain as investors wait for the new administration to name its economic managers and lay out its plans. “With its fall last week, the market has so far been...
